KPIs & Operating Metrics(New)
Growth Metrics

Devon Energy (DVN) Operating Expenses (2016 - 2025)

Devon Energy (DVN) has disclosed Operating Expenses for 17 consecutive years, with $3.4 billion as the latest value for Q4 2025.

  • For Q4 2025, Operating Expenses fell 5.3% year-over-year to $3.4 billion; the TTM value through Dec 2025 reached $13.7 billion, up 12.22%, while the annual FY2025 figure was $13.7 billion, 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.
  • The five-year high for Operating Expenses was $3.8 billion in Q1 2025, with the low at $2.1 billion in Q1 2021.
  • Historically, Operating Expenses has averaged $2.9 billion across 5 years, with a median of $2.8 billion in 2023.
  • Biggest YoY gain for Operating Expenses was 98.57% in 2021; the steepest drop was 50.36% in 2021.
  • Over 5 years, Operating Expenses stood at $2.6 billion in 2021, then increased by 5.17% to $2.7 billion in 2022, then fell by 1.13% to $2.7 billion in 2023, then skyrocketed by 31.23% to $3.6 billion in 2024, then fell by 5.3% to $3.4 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $3.4 billion in Q4 2025, $3.4 billion in Q3 2025, and $3.1 billion in Q2 2025.