Cmb.Tech (CMBT) Operating Expenses (2013 - 2026)

Cmb.Tech (CMBT) posted Operating Expenses of -$367.7 million for Q1 2026, up 72.38% on a QoQ basis from -$1.3 billion in Q4 2025.

Cmb.Tech (CMBT) Operating Expenses (2013 - 2026) Analysis & Trends

Cmb.Tech's Operating Expenses history runs 14 years deep, the most recent figure standing at -$367.7 million for Q1 2026.

  • Quarterly Operating Expenses changed N/A year-over-year to -$367.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$3.1 billion (changed N/A YoY) and the FY2025 annual result came in at $1.3 billion, up 113.52% from the prior year.
  • Operating Expenses was -$367.7 million for Q1 2026 at Cmb.Tech, up from -$1.3 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at -$145.6 million in Q1 2024 and bottomed at -$1.3 billion in Q4 2025.
  • A 5-year average of -$496.1 million and a median of -$473.9 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses grew 13.94% — and 2025, when it tumbled 113.52%.
  • Cmb.Tech's Operating Expenses stood at -$671.7 million in 2022, then grew by 1.56% to -$661.2 million in 2023, then rose by 5.71% to -$623.5 million in 2024, then tumbled by 113.52% to -$1.3 billion in 2025, then jumped by 72.38% to -$367.7 million in 2026.
  • Business Quant data shows CMBT's Operating Expenses at -$367.7 million in Q1 2026, -$1.3 billion in Q4 2025, and -$902.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Cmb.Tech 3.58 Bn 3.38 Bn 392.14 Mn -367.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -367.70 Mn
Dec 31, 2025 -1.33 Bn
Sep 30, 2025 -902.72 Mn
Jun 30, 2025 -530.30 Mn
Dec 31, 2024 -623.47 Mn
Sep 30, 2024 -456.01 Mn
Jun 30, 2024 -305.78 Mn
Mar 31, 2024 -145.59 Mn
Dec 31, 2023 -661.20 Mn
Sep 30, 2023 -491.76 Mn
Jun 30, 2023 -329.75 Mn
Mar 31, 2023 -164.48 Mn
Dec 31, 2022 -671.70 Mn
Sep 30, 2022 -495.93 Mn
Jun 30, 2022 -310.20 Mn
Mar 31, 2022 -149.44 Mn
Dec 31, 2021 -726.67 Mn
Sep 30, 2021 -544.41 Mn
Jun 30, 2021 -358.95 Mn
Mar 31, 2021 -173.64 Mn