Bp (BP) Operating Expenses (2012 - 2026)

Bp (BP) recorded quarterly Operating Expenses of $44.0 million in Q1 2026, down 57.69% quarter-over-quarter from $104.0 million in Q4 2025, and down 57.28% on a YoY basis from $103.0 million in Q1 2025.

Bp (BP) Operating Expenses (2012 - 2026) Analysis & Trends

Bp's Operating Expenses history runs 15 years deep, the most recent figure standing at $44.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 57.28% year-over-year to $44.0 million; the TTM figure through Mar 2026 stood at $511.0 million (down 38.43% YoY), while the FY2025 annual figure was $570.0 million, down 41.48% from the prior year.
  • Operating Expenses was $44.0 million for Q1 2026 at Bp, down from $104.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $501.0 million in Q4 2023 to a low of $44.0 million in Q1 2026.
  • Historically, Operating Expenses has averaged $190.1 million across 5 years, with a median of $158.0 million in 2022.
  • Biggest YoY gain for Operating Expenses was 283.51% in 2024; the steepest drop was 64.87% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $140.0 million in 2022, then soared by 257.86% to $501.0 million in 2023, then sank by 64.87% to $176.0 million in 2024, then sank by 40.91% to $104.0 million in 2025, then plunged by 57.69% to $44.0 million in 2026.
  • The last three Operating Expenses figures came in at $44.0 million (Q1 2026), $104.0 million (Q4 2025), and $224.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -3.49 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 78.17 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -5,222.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 7.68 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 1.08 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 44.00 Mn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 1.27 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 8.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 44.00 Mn
Dec 31, 2025 104.00 Mn
Sep 30, 2025 224.00 Mn
Jun 30, 2025 139.00 Mn
Mar 31, 2025 103.00 Mn
Dec 31, 2024 176.00 Mn
Sep 30, 2024 372.00 Mn
Jun 30, 2024 179.00 Mn
Mar 31, 2024 247.00 Mn
Dec 31, 2023 501.00 Mn
Sep 30, 2023 97.00 Mn
Jun 30, 2023 293.00 Mn
Mar 31, 2023 106.00 Mn
Dec 31, 2022 140.00 Mn
Sep 30, 2022 225.00 Mn
Mar 31, 2022 92.00 Mn
Dec 31, 2021 102.00 Mn
Sep 30, 2021 116.00 Mn
Jun 30, 2021 107.00 Mn
Mar 31, 2021 99.00 Mn