Laredo Oil (LRDC) Accumulated Expenses (2011 - 2026)
Laredo Oil (LRDC) recorded Accumulated Expenses of $4.12 million in fiscal Q3 2026 (quarter ended Feb 28, 2026), up 14.3% from $3.61 million a year earlier and up 2.9% from the prior quarter.
Laredo Oil (LRDC) Accumulated Expenses (2011 - 2026) Analysis & Trends
At the end of FY2025 (ended May 31, 2025), Laredo Oil reported Accumulated Expenses of $3.75 million, up 18.6% from FY2024.
- Annual Accumulated Expenses has increased for four straight fiscal years, with a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- Across earlier fiscal years, Accumulated Expenses came in at $3.17 million in FY2024 (+39.9%), $2.26 million in FY2023 (+30.0%), $1.74 million in FY2022 (+11.6%) and $1.56 million in FY2021 (-1.4%).
- The fiscal Q3 2026 figure is the highest quarterly Accumulated Expenses in data going back to fiscal Q4 2011.
- On a year-over-year basis, Accumulated Expenses has increased for nine consecutive quarters, with growth averaging 23.4% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 41.1% in fiscal Q3 2024, against a decline of 19.6% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $4.01 million (Q2 2026), $3.86 million (Q1 2026) and $3.75 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Laredo Oil | 50.55 Mn | 48.88 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 3.72 Mn |
| Feb 28, 2026 | 4.12 Mn |
| Nov 30, 2025 | 4.01 Mn |
| Aug 31, 2025 | 3.86 Mn |
| May 31, 2025 | 3.75 Mn |
| Feb 28, 2025 | 3.61 Mn |
| Nov 30, 2024 | 3.50 Mn |
| Aug 31, 2024 | 3.36 Mn |
| May 31, 2024 | 3.17 Mn |
| Feb 29, 2024 | 2.94 Mn |
| Nov 30, 2023 | 2.74 Mn |
| Aug 31, 2023 | 2.49 Mn |
| May 31, 2023 | 2.26 Mn |
| Feb 28, 2023 | 2.08 Mn |
| Aug 31, 2022 | 1.88 Mn |
| May 31, 2022 | 1.74 Mn |
| Feb 28, 2022 | 1.63 Mn |
| Nov 30, 2021 | 1.61 Mn |
| Aug 31, 2021 | 1.59 Mn |
| May 31, 2021 | 1.56 Mn |
Laredo Oil Accumulated 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=accumulated-expenses&ticker=LRDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "LRDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=LRDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();