Genesis Energy (GEL) Operating Expenses (2010 - 2026)
Genesis Energy's (GEL) quarterly Operating Expenses came in at $426.6 million in Q2 2026, up 37.76% year-over-year from $309.6 million in Q2 2025, and up 15.3% quarter-over-quarter from $369.9 million in Q1 2026.
Analysis
Genesis Energy (GEL) Operating Expenses (2010 - 2026) Analysis & Trends
Genesis Energy has disclosed Operating Expenses across 17 years of filings, most recently posting $426.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 37.76% year-over-year to $426.6 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 4.42% YoY), while the FY2025 annual figure was $1.4 billion, down 7.96% from the prior year.
- Operating Expenses came in at $426.6 million for Q2 2026 at Genesis Energy, up from $369.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $741.2 million in Q1 2023 to a low of -$622.8 million in Q4 2023.
- Average Operating Expenses over 5 years is $425.0 million, with a median of $382.9 million recorded in 2024.
- Year-over-year, Operating Expenses slumped 200.07% in 2023 and surged 161.87% in 2024.
- Over 5 years, Operating Expenses stood at $622.4 million in 2022, then tumbled by 200.07% to -$622.8 million in 2023, then surged by 161.87% to $385.4 million in 2024, then dropped by 8.96% to $350.8 million in 2025, then climbed by 21.58% to $426.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $426.6 million in Q2 2026, $369.9 million in Q1 2026, and $350.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 16.13 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 30.76 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 354.10 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.93 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 4.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 19.09 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 132.00 Mn |
| 10 | Genesis Energy | 1.94 Bn | 1.90 Bn | 333.28 Mn | 426.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 426.56 Mn |
| Mar 31, 2026 | 369.94 Mn |
| Dec 31, 2025 | 350.84 Mn |
| Sep 30, 2025 | 335.41 Mn |
| Jun 30, 2025 | 309.63 Mn |
| Mar 31, 2025 | 376.34 Mn |
| Dec 31, 2024 | 385.37 Mn |
| Sep 30, 2024 | 348.71 Mn |
| Jun 30, 2024 | 380.40 Mn |
| Mar 31, 2024 | 376.39 Mn |
| Dec 31, 2023 | -622.84 Mn |
| Sep 30, 2023 | 695.92 Mn |
| Jun 30, 2023 | 701.88 Mn |
| Mar 31, 2023 | 741.23 Mn |
| Dec 31, 2022 | 622.38 Mn |
| Sep 30, 2022 | 646.15 Mn |
| Jun 30, 2022 | 625.14 Mn |
| Mar 31, 2022 | 580.28 Mn |
| Dec 31, 2021 | 593.94 Mn |
| Sep 30, 2021 | 484.33 Mn |