Expand Energy (EXE) Operating Expenses (2009 - 2026)

Expand Energy (EXE) reported Operating Expenses of $2.9 billion for Q1 2026, up 16.31% year-over-year from $2.5 billion in Q1 2025, and up 13.42% quarter-over-quarter from $2.5 billion in Q4 2025.

Expand Energy (EXE) Operating Expenses (2009 - 2026) Analysis & Trends

Expand Energy (EXE) has 18 years of Operating Expenses data on file, last reported at $2.9 billion in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $2.9 billion, up 16.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.1 billion (up 84.5% YoY), and the FY2025 annual result was $9.7 billion, up 91.6% from the prior year.
  • Operating Expenses climbed to $2.9 billion in Q1 2026 per EXE's latest filing, from $2.5 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.9 billion in Q1 2026 and troughed at $30.0 million in Q1 2022.
  • A 5-year average of $1.6 billion and a median of $1.4 billion in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 94.96% in 2022, then jumped 5066.67% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $483.0 million in 2022, then surged by 153.0% to $1.2 billion in 2023, then grew by 13.26% to $1.4 billion in 2024, then jumped by 82.59% to $2.5 billion in 2025, then increased by 13.42% to $2.9 billion in 2026.
  • Business Quant data shows EXE's Operating Expenses at $2.9 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Expand Energy 21.27 Bn 18.97 Bn 4.21 Bn 2.87 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.87 Bn
Dec 31, 2025 2.53 Bn
Sep 30, 2025 2.24 Bn
Jun 30, 2025 2.42 Bn
Mar 31, 2025 2.46 Bn
Dec 31, 2024 1.38 Bn
Sep 30, 2024 803.00 Mn
Jun 30, 2024 799.00 Mn
Mar 31, 2024 1.05 Bn
Dec 31, 2023 1.22 Bn
Sep 30, 2023 1.43 Bn
Jun 30, 2023 1.37 Bn
Mar 31, 2023 1.55 Bn
Dec 31, 2022 483.00 Mn
Sep 30, 2022 2.16 Bn
Jun 30, 2022 2.18 Bn
Mar 31, 2022 30.00 Mn
Dec 31, 2021 177.00 Mn
Sep 30, 2021 1.23 Bn
Jun 30, 2021 1.12 Bn