KPIs & Operating Metrics(New)
Growth Metrics

Apa (APA) Operating Expenses (2020 - 2025)

Apa (APA) has disclosed Operating Expenses for 6 consecutive years, with $924.0 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 15.62% to $924.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $5.9 billion through Dec 2025, down 16.17% year-over-year, with the annual reading at $5.9 billion for FY2025, 19.62% down from the prior year.
  • Operating Expenses hit $924.0 million in Q4 2025 for Apa, down from $1.5 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.9 billion in Q3 2024 to a low of $924.0 million in Q4 2025.
  • Historically, Operating Expenses has averaged $1.5 billion across 5 years, with a median of $1.5 billion in 2021.
  • Biggest five-year swings in Operating Expenses: tumbled 77.35% in 2021 and later soared 130.22% in 2024.
  • Year by year, Operating Expenses stood at $1.5 billion in 2021, then fell by 11.82% to $1.3 billion in 2022, then soared by 41.11% to $1.9 billion in 2023, then tumbled by 41.57% to $1.1 billion in 2024, then decreased by 15.62% to $924.0 million in 2025.
  • Business Quant data shows Operating Expenses for APA at $924.0 million in Q4 2025, $1.5 billion in Q3 2025, and $1.6 billion in Q2 2025.