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| Date | Value |
|---|---|
| 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 |