Crescent Energy (CRGY) Operating Expenses (2021 - 2026)
Crescent Energy (CRGY) recorded Operating Expenses of $813.97 million in Q2 2026, down 0.5% from $818.35 million a year earlier and down 4.8% from the prior quarter.
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Analysis
Crescent Energy (CRGY) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Crescent Energy's Operating Expenses came in at $3.42 billion as of Jun 30, 2026, up 5.3% year-over-year; for FY2025, it was $3.35 billion, up 23.5% from FY2024.
- Annual Operating Expenses has increased for four straight years, with a five-year compound annual growth rate of 24.3% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $2.71 billion in FY2024 (+31.8%), $2.06 billion in FY2023 (+16.1%), $1.77 billion in FY2022 (+78.5%) and $993.24 million in FY2021 (-11.9%).
- The Q2 2026 figure is the lowest quarterly Operating Expenses since Q1 2025.
- On a year-over-year basis, Operating Expenses rose in seven of the last eight quarters, with growth averaging 25.7%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 92.7% in Q3 2022, against a decline of 0.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $855.34 million (Q1 2026), $918.43 million (Q4 2025) and $835.78 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 688.07 Bn | 646.21 Bn | - | 91.93 Bn |
| 2 | Chevron | 421.08 Bn | 393.20 Bn | 33.45 Bn | 53.37 Bn |
| 3 | Shell | 295.54 Bn | 155.81 Bn | - | -177.00 Mn |
| 4 | TotalEnergies SE | 194.84 Bn | 65.92 Bn | 31,614.00 | 5.11 Bn |
| 5 | Eni Spa | 168.93 Bn | 108.56 Bn | - | - |
| 6 | Conocophillips | 165.73 Bn | 138.44 Bn | 12.81 Bn | 2.43 Bn |
| 7 | Equinor Asa | 110.59 Bn | 23.44 Bn | 4.49 Bn | 30.42 Bn |
| 8 | Canadian Natural Resources | 102.76 Bn | 99.76 Bn | 8.84 Bn | 114.95 Mn |
| 9 | Phillips 66 | 98.51 Bn | 82.30 Bn | 10.69 Bn | 44.40 Bn |
| 10 | Crescent Energy | 3.70 Bn | 3.41 Bn | - | 872.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 872.52 Mn |
| Jun 30, 2026 | 813.97 Mn |
| 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 |
API Access
Crescent Energy Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CRGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CRGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CRGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();