Imperial Oil (IMO) Operating Expenses (2009 - 2026)
Imperial Oil (IMO) posted Operating Expenses of $9.5 billion for Q2 2026, up 16.71% on a QoQ basis from $8.2 billion in Q1 2026, and up 32.4% year-over-year from $7.2 billion in Q2 2025.
Analysis
Imperial Oil (IMO) Operating Expenses (2009 - 2026) Analysis & Trends
Imperial Oil has reported Operating Expenses for 18 years, with the latest figure at $9.5 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 32.4% year-over-year to $9.5 billion in Q2 2026; TTM through Jun 2026 was $33.6 billion, a 7.72% increase from a year earlier, with the FY2025 full-year figure at $30.7 billion, down 5.31% from the prior year.
- Operating Expenses was $9.5 billion for Q2 2026 at Imperial Oil, up from $8.2 billion in the prior quarter.
- The five-year high for Operating Expenses was $11.1 billion in Q2 2022, with the low at $7.2 billion in Q2 2025.
- Average Operating Expenses over 5 years is $8.5 billion, with a median of $8.3 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 79.96% in 2022, then declined 26.6% in 2023.
- Over 5 years, Operating Expenses stood at $9.0 billion in 2022, then fell by 6.89% to $8.4 billion in 2023, then dropped by 5.43% to $7.9 billion in 2024, then decreased by 3.29% to $7.6 billion in 2025, then climbed by 24.96% to $9.5 billion in 2026.
- The last three Operating Expenses figures came in at $9.5 billion (Q2 2026), $8.2 billion (Q1 2026), and $7.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 53.37 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 3.02 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 46.44 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 22.08 Mn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | -22.18 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 47.07 Bn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 17.00 Mn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 9.54 Bn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 4.55 Bn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 978.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.54 Bn |
| Mar 31, 2026 | 8.18 Bn |
| Dec 31, 2025 | 7.64 Bn |
| Sep 30, 2025 | 8.25 Bn |
| Jun 30, 2025 | 7.21 Bn |
| Mar 31, 2025 | 7.55 Bn |
| Dec 31, 2024 | 7.90 Bn |
| Sep 30, 2024 | 8.54 Bn |
| Jun 30, 2024 | 8.70 Bn |
| Mar 31, 2024 | 7.95 Bn |
| Dec 31, 2023 | 8.35 Bn |
| Sep 30, 2023 | 8.82 Bn |
| Jun 30, 2023 | 8.14 Bn |
| Mar 31, 2023 | 7.75 Bn |
| Dec 31, 2022 | 8.97 Bn |
| Sep 30, 2022 | 9.75 Bn |
| Jun 30, 2022 | 11.09 Bn |
| Mar 31, 2022 | 8.80 Bn |
| Dec 31, 2021 | 8.89 Bn |
| Sep 30, 2021 | 7.18 Bn |