Equinor Asa (EQNR) Operating Expenses (2009 - 2026)

Equinor Asa has reported Operating Expenses for 18 years, with the latest figure at -$19.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 9.44% year-over-year to -$19.1 billion; the trailing twelve-month figure through Mar 2026 stood at -$62.4 billion (down 3.45% YoY), and the FY2025 full-year result was $81.1 billion, up 11.34% from the prior year.
• Operating Expenses for Q1 2026 stood at -$19.1 billion, up from -$19.9 billion in the prior quarter.
• The five-year high for Operating Expenses was -$2.0 billion in Q1 2022, with the low at -$21.0 billion in Q1 2025.
• Historically, Operating Expenses has averaged -$13.7 billion across 5 years, with a median of -$18.4 billion in 2024.
• The largest YoY upside for Operating Expenses was 84.61% in 2025 against a maximum downside of 725.22% in 2025.
• Equinor Asa's Operating Expenses stood at -$2.2 billion in 2022, then tumbled by 823.0% to -$20.3 billion in 2023, then climbed by 6.83% to -$18.9 billion in 2024, then decreased by 4.97% to -$19.9 billion in 2025, then rose by 4.03% to -$19.1 billion in 2026.
• The last three Operating Expenses figures came in at -$19.1 billion (Q1 2026), -$19.9 billion (Q4 2025), and -$20.8 billion (Q3 2025), per Business Quant data.