Bp (BP) Operating Expenses (2009 - 2026)

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

Bp (BP) Operating Expenses (2009 - 2026) Analysis & Trends

Bp (BP) has reported Operating Expenses for 15 consecutive years, with $44.0 million the latest figure, recorded in 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 came in at $44.0 million for Q1 2026 at Bp, down from $104.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $501.0 million in Q4 2023, with the low at $44.0 million in Q1 2026.
  • Average Operating Expenses over 5 years is $190.1 million, with a median of $158.0 million recorded in 2022.
  • The largest YoY upside for Operating Expenses was 283.51% in 2024 against a maximum downside of 64.87% in 2024.
  • Year by year, Operating Expenses stood at $140.0 million in 2022, then soared by 257.86% to $501.0 million in 2023, then slumped by 64.87% to $176.0 million in 2024, then slumped by 40.91% to $104.0 million in 2025, then sank by 57.69% to $44.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $44.0 million, $104.0 million, and $224.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 78.17 Bn
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -3.49 Bn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 44.00 Mn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 -5,222.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 7.68 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn - -19.06 Bn
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 511.24 Mn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 277.71 Mn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 14.66 Mn
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 1.22 Mn

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