HF Sinclair (DINO) Operating Expenses (2021 - 2026)
HF Sinclair's (DINO) quarterly Operating Expenses came in at $9.2 billion in Q2 2026, up 41.68% year-over-year from $6.5 billion in Q2 2025, and up 46.94% quarter-over-quarter from $6.3 billion in Q1 2026.
HF Sinclair (DINO) Operating Expenses (2021 - 2026) Analysis & Trends
HF Sinclair (DINO) has reported Operating Expenses for 6 consecutive years, with $9.2 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 41.68% year-over-year to $9.2 billion in Q2 2026; TTM through Jun 2026 was $28.6 billion, a 6.67% increase from a year earlier, with the FY2025 full-year figure at $25.9 billion, down 8.39% from the prior year.
- Operating Expenses was $9.2 billion for Q2 2026 at HF Sinclair, up from $6.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $9.5 billion in Q2 2022 and troughed at $6.3 billion in Q1 2026.
- A 5-year average of $7.4 billion and a median of $7.2 billion in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 123.8% in 2022 and retreated 24.92% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $8.2 billion in 2022, then fell by 5.17% to $7.7 billion in 2023, then retreated by 13.06% to $6.7 billion in 2024, then dropped by 4.0% to $6.5 billion in 2025, then soared by 42.82% to $9.2 billion in 2026.
- The last three Operating Expenses figures came in at $9.2 billion (Q2 2026), $6.3 billion (Q1 2026), and $6.5 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 266.00 Mn |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 9.22 Bn |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 13.68 Bn |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 10.41 Bn |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | -284.31 Mn |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 52.00 Mn |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | 3.36 Bn |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 3.78 Bn |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 2.33 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.22 Bn |
| Mar 31, 2026 | 6.28 Bn |
| Dec 31, 2025 | 6.46 Bn |
| Sep 30, 2025 | 6.69 Bn |
| Jun 30, 2025 | 6.51 Bn |
| Mar 31, 2025 | 6.29 Bn |
| Dec 31, 2024 | 6.73 Bn |
| Sep 30, 2024 | 7.33 Bn |
| Jun 30, 2024 | 7.65 Bn |
| Mar 31, 2024 | 6.62 Bn |
| Dec 31, 2023 | 7.74 Bn |
| Sep 30, 2023 | 7.83 Bn |
| Jun 30, 2023 | 7.13 Bn |
| Mar 31, 2023 | 7.06 Bn |
| Dec 31, 2022 | 8.16 Bn |
| Sep 30, 2022 | 9.27 Bn |
| Jun 30, 2022 | 9.50 Bn |
| Mar 31, 2022 | 7.23 Bn |
| Dec 31, 2021 | 5.64 Bn |
| Sep 30, 2021 | 4.39 Bn |
HF Sinclair 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=DINO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DINO", "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=DINO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();