Hornbeck Offshore Services (HOS) Operating Expenses (2009 - 2026)
Hornbeck Offshore Services' Operating Expenses came in at $29.48 million for Q2 2026, up 78.7% from $16.5 million a year earlier and up 33.1% from the prior quarter.
Hornbeck Offshore Services (HOS) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hornbeck Offshore Services reported Operating Expenses of $90.1 million, up 6.6% year-over-year; for FY2025, it came in at $75.94 million, down 17.1% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $91.65 million in FY2024 (-3.5%), $94.97 million in FY2023 (+19.6%), $79.42 million in FY2022 (+25.2%) and $63.45 million in FY2021 (+3.9%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses since Q1 2010.
- Year-over-year, Operating Expenses increased in three of the last eight quarters, with growth averaging 2.0%.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2022 (growth of 82.3%), and the weakest in Q4 2025 (a decline of 26.3%).
- Business Quant data shows HOS's Operating Expenses at $22.14 million (Q1 2026), $20.31 million (Q4 2025) and $18.17 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 324.00 Mn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 723.00 Mn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 2.28 Bn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 4.94 Bn |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 1.04 Bn |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 689.21 Mn |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 998.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 812.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 498.70 Mn |
| 10 | Hornbeck Offshore Services | 1.17 Bn | -741.09 Mn | 56.20 Mn | 29.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.48 Mn |
| Mar 31, 2026 | 22.14 Mn |
| Dec 31, 2025 | 20.31 Mn |
| Sep 30, 2025 | 18.17 Mn |
| Jun 30, 2025 | 16.50 Mn |
| Mar 31, 2025 | 19.37 Mn |
| Dec 31, 2024 | 27.55 Mn |
| Sep 30, 2024 | 21.13 Mn |
| Jun 30, 2024 | 22.29 Mn |
| Mar 31, 2024 | 20.68 Mn |
| Dec 31, 2023 | 22.97 Mn |
| Sep 30, 2023 | 27.82 Mn |
| Jun 30, 2023 | 24.32 Mn |
| Mar 31, 2023 | 19.86 Mn |
| Dec 31, 2022 | 23.10 Mn |
| Sep 30, 2022 | 24.33 Mn |
| Jun 30, 2022 | 17.62 Mn |
| Mar 31, 2022 | 14.37 Mn |
| Dec 31, 2021 | 21.50 Mn |
| Sep 30, 2021 | 13.35 Mn |
Hornbeck Offshore Services 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=HOS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HOS", "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=HOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();