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Devon Energy (DVN) Operating Expenses (2016 - 2026)

Devon Energy has reported Operating Expenses over the past 17 years, most recently at $3.4 billion for Q4 2025.

  • Quarterly Operating Expenses fell 5.3% to $3.4 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $13.7 billion through Dec 2025, up 12.22% year-over-year, with the annual reading at $13.7 billion for FY2025, 12.22% up from the prior year.
  • Operating Expenses was $3.4 billion for Q4 2025 at Devon Energy, down from $3.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $3.8 billion in Q1 2025 and troughed at $2.1 billion in Q1 2021.
  • The 5-year median for Operating Expenses is $2.8 billion (2023), against an average of $2.9 billion.
  • The largest YoY upside for Operating Expenses was 98.57% in 2021 against a maximum downside of 50.36% in 2021.
  • A 5-year view of Operating Expenses shows it stood at $2.6 billion in 2021, then rose by 5.17% to $2.7 billion in 2022, then dropped by 1.13% to $2.7 billion in 2023, then surged by 31.23% to $3.6 billion in 2024, then dropped by 5.3% to $3.4 billion in 2025.
  • Per Business Quant, the three most recent readings for DVN's Operating Expenses are $3.4 billion (Q4 2025), $3.4 billion (Q3 2025), and $3.1 billion (Q2 2025).