Crescent Energy (CRGY) Operating Expenses (2021 - 2026)

Crescent Energy (CRGY) posted Operating Expenses of $855.3 million for Q1 2026, down 6.87% on a QoQ basis from $918.4 million in Q4 2025, and up 9.95% year-over-year from $777.9 million in Q1 2025.

Crescent Energy (CRGY) Operating Expenses (2021 - 2026) Analysis & Trends

Crescent Energy's Operating Expenses history runs 6 years deep, the most recent figure standing at $855.3 million for Q1 2026.

  • Quarterly Operating Expenses rose 9.95% year-over-year to $855.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 15.54% YoY) and the FY2025 annual result came in at $3.4 billion, up 23.52% from the prior year.
  • Operating Expenses was $855.3 million for Q1 2026 at Crescent Energy, down from $918.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $918.4 million in Q4 2025 and bottomed at $336.1 million in Q1 2022.
  • A 5-year average of $632.3 million and a median of $580.8 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 92.74% — and 2025, when it increased 1.73%.
  • Crescent Energy's Operating Expenses stood at $580.8 million in 2022, then grew by 18.64% to $689.1 million in 2023, then soared by 31.01% to $902.8 million in 2024, then climbed by 1.73% to $918.4 million in 2025, then dropped by 6.87% to $855.3 million in 2026.
  • Business Quant data shows CRGY's Operating Expenses at $855.3 million in Q1 2026, $918.4 million in Q4 2025, and $835.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 139.06 Bn 132.70 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.14 Bn 70.29 Bn - 4.32 Bn
3 Diamondback Energy 54.01 Bn 54.01 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.99 Bn 36.05 Bn 2.71 Bn -
5 Occidental Petroleum 32.96 Bn 29.15 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.17 Bn 32.06 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 26.76 Bn 26.51 Bn - 54.49 Mn
8 Devon Energy 26.24 Bn 24.43 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.27 Bn 18.96 Bn 4.21 Bn 2.87 Bn
10 Crescent Energy 3.36 Bn 3.34 Bn - 855.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 855.34 Mn
Dec 31, 2025 918.43 Mn
Sep 30, 2025 835.78 Mn
Jun 30, 2025 818.35 Mn
Mar 31, 2025 777.95 Mn
Dec 31, 2024 902.81 Mn
Sep 30, 2024 752.30 Mn
Jun 30, 2024 533.90 Mn
Mar 31, 2024 523.45 Mn
Dec 31, 2023 689.13 Mn
Sep 30, 2023 500.86 Mn
Jun 30, 2023 428.30 Mn
Mar 31, 2023 439.57 Mn
Dec 31, 2022 580.84 Mn
Sep 30, 2022 447.39 Mn
Jun 30, 2022 408.59 Mn
Mar 31, 2022 336.08 Mn
Dec 31, 2021 301.65 Mn
Sep 30, 2021 232.12 Mn
Jun 30, 2021 229.65 Mn