Black Stone Minerals (BSM) Operating Expenses (2014 - 2026)

Black Stone Minerals (BSM) has reported Operating Expenses for 13 consecutive years, with $38.9 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 4.54% year-over-year to $38.9 million in Q2 2026; TTM through Jun 2026 was $163.8 million, a 4.2% increase from a year earlier, with the FY2025 full-year figure at $161.5 million, up 0.58% from the prior year.
• Operating Expenses was $38.9 million for Q2 2026 at Black Stone Minerals, down from $42.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $47.8 million in Q3 2023 and troughed at $36.2 million in Q4 2024.
• A 5-year average of $41.9 million and a median of $41.9 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses retreated 19.16% in 2023 and grew 21.12% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $45.4 million in 2022, then dropped by 4.77% to $43.2 million in 2023, then dropped by 16.27% to $36.2 million in 2024, then increased by 21.12% to $43.8 million in 2025, then decreased by 11.28% to $38.9 million in 2026.
• The last three Operating Expenses figures came in at $38.9 million (Q2 2026), $42.7 million (Q1 2026), and $43.8 million (Q4 2025), per Business Quant data.