Kenon Holdings (KEN) Operating Expenses (2014 - 2026)
Kenon Holdings (KEN) posted Operating Expenses of -$27.0 million for Q1 2026, down 28.57% sequentially from -$21.0 million in Q4 2025, and down 50.0% YoY from -$54.0 million in Q1 2025.
Kenon Holdings (KEN) Operating Expenses (2014 - 2026) Analysis & Trends
Kenon Holdings has reported Operating Expenses for 13 years, with the latest figure at -$27.0 million in Q1 2026.
- Quarterly Operating Expenses fell 50.0% year-over-year to -$27.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$120.0 million (down 31.94% YoY) and the FY2025 annual result came in at -$110.0 million, down 14.64% from the prior year.
- Operating Expenses eased to -$27.0 million in Q1 2026 per KEN's latest filing, from -$21.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $73.8 million in Q1 2022 and troughed at -$44.0 million in Q3 2025.
- A 5-year average of -$14.0 million and a median of -$21.0 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 1021.94% in 2022, then plunged 130.2% in 2023.
- Over 5 years, Operating Expenses stood at -$42.9 million in 2022, then surged by 51.75% to -$20.7 million in 2023, then sank by 63.89% to -$33.9 million in 2024, then jumped by 38.14% to -$21.0 million in 2025, then retreated by 28.57% to -$27.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$27.0 million, -$21.0 million, and -$44.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.81 Bn | 44.94 Bn | 3.16 Bn | 392.00 Mn |
| 2 | Nrg Energy | 24.30 Bn | 24.14 Bn | 2.01 Bn | 6.54 Bn |
| 3 | Talen Energy | 14.61 Bn | 14.25 Bn | - | 186.00 Mn |
| 4 | Oklo | 7.31 Bn | 7.31 Bn | - | 74.40 Mn |
| 5 | Transalta | 3.81 Bn | 3.54 Bn | 313.03 Mn | 126.51 Mn |
| 6 | Kenon Holdings | 3.41 Bn | 2.08 Bn | 84.00 Mn | -23.00 Mn |
| 7 | Digi Power X | 334.66 Mn | 206.54 Mn | -5.52 Mn | 4.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -27.00 Mn |
| Dec 31, 2025 | -21.00 Mn |
| Sep 30, 2025 | -44.00 Mn |
| Jun 30, 2025 | -28.00 Mn |
| Mar 31, 2025 | -18.00 Mn |
| Dec 31, 2024 | -33.95 Mn |
| Sep 30, 2024 | -22.00 Mn |
| Jun 30, 2024 | -17.00 Mn |
| Mar 31, 2024 | -21.00 Mn |
| Dec 31, 2023 | -20.72 Mn |
| Sep 30, 2023 | -23.00 Mn |
| Jun 30, 2023 | -21.00 Mn |
| Mar 31, 2023 | -21.00 Mn |
| Dec 31, 2022 | -42.94 Mn |
| Sep 30, 2022 | -21.00 Mn |
| Jun 30, 2022 | 69.54 Mn |
| Mar 31, 2022 | 73.76 Mn |
| Dec 31, 2021 | -29.73 Mn |
| Sep 30, 2021 | -11.00 Mn |
| Jun 30, 2021 | -25.00 Mn |