Excelerate Energy (EE) Operating Expenses (2021 - 2026)
Excelerate Energy (EE) posted Operating Expenses of $351.5 million for Q1 2026, up 42.18% on a QoQ basis from $247.2 million in Q4 2025, and up 40.94% year-on-year from $249.4 million in Q1 2025.
Excelerate Energy (EE) Operating Expenses (2021 - 2026) Analysis & Trends
Excelerate Energy has disclosed Operating Expenses across 6 years of filings, most recently posting $351.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $351.5 million, up 40.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 45.54% YoY), and the FY2025 annual result was $961.6 million, up 51.09% from the prior year.
- Operating Expenses came in at $351.5 million for Q1 2026 at Excelerate Energy, up from $247.2 million in the prior quarter.
- Over the last five years, Operating Expenses for EE reached as high as $753.3 million in Q3 2022 and fell as low as $133.5 million in Q2 2024.
- Median Operating Expenses over the past 5 years was $247.2 million (2025), compared with a mean of $304.9 million.
- Year-over-year, Operating Expenses jumped 441.73% in 2022 and slumped 72.39% in 2023.
- Over 5 years, 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | Excelerate Energy | 1.22 Bn | 2.21 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 |