Global Gas (HGAS) Operating Expenses (2021 - 2026)
Global Gas (HGAS) recorded Operating Expenses of $20,684 in Q2 2026, down 42.2% from $35,805 a year earlier but up 24.6% from the prior quarter.
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Analysis
Global Gas (HGAS) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Global Gas' Operating Expenses came in at $138,610 as of Jun 30, 2026, down 72.4% year-over-year; for FY2025, it was $199,261, down 63.9% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $551,983 in FY2024 (+35.1%), $408,453 in FY2023 (-87.3%), $3.23 million in FY2022 (+27.1%) and $2.54 million in FY2021.
- Quarterly Operating Expenses has ranged from -$40,956 in Q4 2025 to $1.81 million in Q4 2021 over the past five years.
- On a year-over-year basis, Operating Expenses rose in 1 of the last six quarters, with an average decline of 29.3%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 616.0% in Q3 2022, against a decline of 92.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $16,596 (Q1 2026), -$40,956 (Q4 2025) and $142,286 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.72 Bn | 100.91 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Ferrovial | 37.36 Bn | 17.95 Bn | - | - |
| 3 | Emcor | 34.45 Bn | 30.84 Bn | 1.02 Bn | 475.04 Mn |
| 4 | Mastec | 17.62 Bn | 16.52 Bn | 556.28 Mn | 292.57 Mn |
| 5 | Jacobs Solutions | 16.24 Bn | 10.89 Bn | 810.70 Mn | 524.00 Mn |
| 6 | Sterling Infrastructure | 16.06 Bn | 14.42 Bn | 289.96 Mn | 65.66 Mn |
| 7 | IES Holdings | 13.53 Bn | 12.40 Bn | 340.66 Mn | 162.17 Mn |
| 8 | Dycom Industries | 8.22 Bn | 7.36 Bn | - | - |
| 9 | Aecom | 7.69 Bn | 3.02 Bn | -34.04 Mn | 46.45 Mn |
| 10 | Global Gas | 643,091.61 | 539,660.61 | - | 20,684.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20,684.00 |
| Mar 31, 2026 | 16,596.00 |
| Dec 31, 2025 | -40,956.00 |
| Sep 30, 2025 | 142,286.00 |
| Jun 30, 2025 | 35,805.00 |
| Mar 31, 2025 | 62,126.00 |
| Dec 31, 2024 | 282,522.00 |
| Sep 30, 2024 | 121,207.00 |
| Jun 30, 2024 | 71,095.00 |
| Mar 31, 2024 | 77,159.00 |
| Dec 31, 2023 | 23,237.00 |
| Sep 30, 2023 | 132,864.00 |
| Jun 30, 2023 | 982,972.00 |
| Mar 31, 2023 | 276,665.00 |
| Dec 31, 2022 | 174,976.00 |
| Sep 30, 2022 | 1.50 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 433,684.00 |
| Dec 31, 2021 | 1.81 Mn |
| Sep 30, 2021 | 209,375.00 |
API Access
Global Gas Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HGAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HGAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HGAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();