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| Date | Value |
|---|---|
| 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 |