Cvr Energy (CVI) Operating Expenses (2010 - 2026)
Cvr Energy's (CVI) quarterly Operating Expenses came in at $34.0 million in Q2 2026, down 5.56% YoY from $36.0 million in Q2 2025, and down 12.82% on a QoQ basis from $39.0 million in Q1 2026.
Analysis
Cvr Energy (CVI) Operating Expenses (2010 - 2026) Analysis & Trends
Cvr Energy (CVI) has 17 years of Operating Expenses data on file, last reported at $34.0 million in Q2 2026.
- Quarterly Operating Expenses fell 5.56% year-over-year to $34.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $148.0 million (down 0.67% YoY) and the FY2025 annual result came in at $148.0 million, up 6.47% from the prior year.
- Operating Expenses eased to $34.0 million in Q2 2026, from $39.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $42.0 million in Q3 2025 to a low of $28.0 million in Q2 2024.
- A 5-year average of $36.2 million and a median of $36.5 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 44.44% — and 2023, when it retreated 17.95%.
- Tracing CVI's Operating Expenses over 5 years: stood at $39.0 million in 2022, then slipped by 17.95% to $32.0 million in 2023, then increased by 12.5% to $36.0 million in 2024, then fell by 8.33% to $33.0 million in 2025, then gained by 3.03% to $34.0 million in 2026.
- The last three Operating Expenses figures came in at $34.0 million (Q2 2026), $39.0 million (Q1 2026), and $33.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.93 Bn | 105.16 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 108.74 Bn | 100.87 Bn | 5.47 Bn | 266.00 Mn |
| 3 | Phillips 66 | 103.42 Bn | 99.33 Bn | 8.38 Bn | 47.07 Bn |
| 4 | HF Sinclair | 19.05 Bn | 16.79 Bn | 1.57 Bn | 9.22 Bn |
| 5 | Sunoco | 10.31 Bn | 9.54 Bn | 1.46 Bn | 13.68 Bn |
| 6 | PBF Energy | 8.83 Bn | 7.94 Bn | 1.15 Bn | 10.41 Bn |
| 7 | Ultrapar Holdings | 7.57 Bn | 5.46 Bn | 912.61 Mn | -284.31 Mn |
| 8 | Icahn Enterprises | 4.60 Bn | 2.63 Bn | 198.00 Mn | 3.36 Bn |
| 9 | Cvr Energy | 4.31 Bn | 3.57 Bn | 117.00 Mn | 52.00 Mn |
| 10 | Delek US Holdings | 4.27 Bn | 3.64 Bn | 365.10 Mn | 3.78 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 33.00 Mn |
| Sep 30, 2025 | 78.00 Mn |
| Jun 30, 2025 | 54.00 Mn |
| Mar 31, 2025 | 48.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 46.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | 36.00 Mn |
| Dec 31, 2023 | 32.00 Mn |
| Sep 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | 32.00 Mn |
| Mar 31, 2023 | 39.00 Mn |
| Dec 31, 2022 | 39.00 Mn |
| Sep 30, 2022 | 35.00 Mn |
| Jun 30, 2022 | 37.00 Mn |
| Mar 31, 2022 | 39.00 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 30.00 Mn |