Cosan (CSAN) Operating Expenses (2019 - 2025)

Cosan's Operating Expenses history runs 7 years deep, the most recent figure standing at $803.8 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 177.51% year-over-year to $803.8 million; the TTM figure through Dec 2025 stood at $449.3 million (up 119.37% YoY), while the FY2025 annual figure was -$502.7 million, up 51.52% from the prior year.
• Operating Expenses was $803.8 million for Q4 2025 at Cosan, up from -$115.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $803.8 million in Q4 2025 to a low of -$1.0 billion in Q4 2024.
• Historically, Operating Expenses has averaged -$159.8 million across 5 years, with a median of -$157.3 million in 2022.
• The sharpest annual moves came in 2021 and 2024: Operating Expenses surged 330.66% in 2021, then tumbled 913.31% in 2024.
• A 5-year view of Operating Expenses shows it stood at $795.6 million in 2021, then plunged by 130.63% to -$243.7 million in 2022, then surged by 58.01% to -$102.3 million in 2023, then sank by 913.31% to -$1.0 billion in 2024, then jumped by 177.51% to $803.8 million in 2025.
• The last three Operating Expenses figures came in at $803.8 million (Q4 2025), -$115.1 million (Q3 2025), and -$113.7 million (Q2 2025), per Business Quant data.