Excelerate Energy (EE) Operating Expenses (2021 - 2026)
Excelerate Energy's (EE) quarterly Operating Expenses came in at $351.5 million in Q1 2026, up 40.94% year-on-year from $249.4 million in Q1 2025, and up 42.18% quarter-over-quarter from $247.2 million in Q4 2025.
Excelerate Energy (EE) Operating Expenses (2021 - 2026) Analysis & Trends
Excelerate Energy's Operating Expenses history runs 6 years deep, the most recent figure standing at $351.5 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 40.94% year-over-year to $351.5 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 45.54% increase from a year earlier, with the FY2025 full-year figure at $961.6 million, up 51.09% from the prior year.
- Operating Expenses climbed to $351.5 million in Q1 2026 per EE's latest filing, from $247.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $753.3 million in Q3 2022 and bottomed at $133.5 million in Q2 2024.
- The 5-year median for Operating Expenses is $247.2 million (2025), against an average of $304.9 million.
- Across the five-year window, Operating Expenses surged 441.73% in 2022 and tumbled 72.39% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $396.8 million in 2022, then tumbled by 49.54% to $200.2 million in 2023, then gained by 7.07% to $214.4 million in 2024, then gained by 15.33% to $247.2 million in 2025, then soared by 42.18% to $351.5 million in 2026.
- Per Business Quant, the three latest EE Operating Expenses figures stand at $351.5 million (Q1 2026), $247.2 million (Q4 2025), and $303.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 78.81 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -21.81 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 3.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 12.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 915.00 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 24.79 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 333.70 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 7.00 Mn |
| 10 | Excelerate Energy | 1.27 Bn | 2.29 Bn | 380.36 Mn | 351.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 351.47 Mn |
| Dec 31, 2025 | 247.21 Mn |
| Sep 30, 2025 | 303.82 Mn |
| Jun 30, 2025 | 161.17 Mn |
| Mar 31, 2025 | 249.37 Mn |
| Dec 31, 2024 | 214.36 Mn |
| Sep 30, 2024 | 133.68 Mn |
| Jun 30, 2024 | 133.45 Mn |
| Mar 31, 2024 | 154.95 Mn |
| Dec 31, 2023 | 200.21 Mn |
| Sep 30, 2023 | 207.97 Mn |
| Jun 30, 2023 | 378.69 Mn |
| Mar 31, 2023 | 161.49 Mn |
| Dec 31, 2022 | 396.76 Mn |
| Sep 30, 2022 | 753.35 Mn |
| Jun 30, 2022 | 583.64 Mn |
| Mar 31, 2022 | 552.55 Mn |
| Dec 31, 2021 | 315.80 Mn |
| Sep 30, 2021 | 166.46 Mn |
| Jun 30, 2021 | 164.95 Mn |