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

Expand Energy's (EXE) quarterly Operating Expenses came in at $2.9 billion in Q1 2026, up 16.31% year-on-year from $2.5 billion in Q1 2025, and up 13.42% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 16.31% year-over-year to $2.9 billion in Q1 2026; TTM through Mar 2026 was $10.1 billion, a 84.5% increase from a year earlier, with the FY2025 full-year figure at $9.7 billion, up 91.6% from the prior year.
  • Operating Expenses for Q1 2026 stood at $2.9 billion, up from $2.5 billion in the prior quarter.
  • Over the last five years, Operating Expenses for EXE reached as high as $2.9 billion in Q1 2026 and fell as low as $178.0 million in Q2 2022.
  • Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.4 billion in 2023.
  • Across the five-year window, Operating Expenses plunged 84.15% in 2022 and jumped 671.91% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $483.0 million in 2022, then surged by 153.0% to $1.2 billion in 2023, then gained by 13.26% to $1.4 billion in 2024, then jumped by 82.59% to $2.5 billion in 2025, then advanced by 13.42% to $2.9 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 54.49 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 2.87 Bn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 2.02 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 178.00 Mn
Mar 31, 2022 1.73 Bn
Dec 31, 2021 177.00 Mn
Sep 30, 2021 1.23 Bn
Jun 30, 2021 1.12 Bn