Growth Metrics

HighPeak Energy (HPK) Operating Expenses (2019 - 2026)

HighPeak Energy has reported Operating Expenses over the past 7 years, most recently at $233.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 11.74% year-over-year to $233.0 million; the TTM value through Dec 2025 reached $710.5 million, down 8.43%, while the annual FY2025 figure was $710.5 million, 8.43% down from the prior year.
  • Operating Expenses for Q4 2025 was $233.0 million at HighPeak Energy, up from $156.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $233.0 million in Q4 2025 and troughed at $19.8 million in Q1 2021.
  • A 5-year average of $131.7 million and a median of $151.4 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: soared 434.9% in 2021 and later decreased 20.69% in 2025.
  • Year by year, Operating Expenses stood at $45.7 million in 2021, then skyrocketed by 186.57% to $131.0 million in 2022, then soared by 63.29% to $214.0 million in 2023, then dropped by 2.56% to $208.5 million in 2024, then rose by 11.74% to $233.0 million in 2025.
  • Business Quant data shows Operating Expenses for HPK at $233.0 million in Q4 2025, $156.0 million in Q3 2025, and $154.5 million in Q2 2025.