Imperial Oil (IMO) Operating Expenses (2009 - 2026)
Imperial Oil (IMO) recorded quarterly Operating Expenses of $8.2 billion in Q1 2026, up 7.07% quarter-over-quarter from $7.6 billion in Q4 2025, and up 8.35% on a YoY basis from $7.5 billion in Q1 2025.
Imperial Oil (IMO) Operating Expenses (2009 - 2026) Analysis & Trends
Imperial Oil's Operating Expenses history runs 18 years deep, the most recent figure standing at $8.2 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 8.35% year-over-year to $8.2 billion; the TTM figure through Mar 2026 stood at $31.3 billion (down 4.33% YoY), while the FY2025 annual figure was $30.7 billion, down 5.31% from the prior year.
- Operating Expenses was $8.2 billion for Q1 2026 at Imperial Oil, up from $7.6 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.1 billion in Q2 2022 to a low of $7.2 billion in Q2 2025.
- Historically, Operating Expenses has averaged $8.4 billion across 5 years, with a median of $8.2 billion in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 79.96% in 2022, then dropped 26.6% in 2023.
- A 5-year view of Operating Expenses shows it stood at $9.0 billion in 2022, then declined by 6.89% to $8.4 billion in 2023, then slipped by 5.43% to $7.9 billion in 2024, then retreated by 3.29% to $7.6 billion in 2025, then advanced by 7.07% to $8.2 billion in 2026.
- The last three Operating Expenses figures came in at $8.2 billion (Q1 2026), $7.6 billion (Q4 2025), and $8.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | -3.49 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 78.17 Bn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -5,222.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 7.68 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 1.08 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 44.00 Mn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 1.27 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 8.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.16 Bn |