Laredo Oil (LRDC) Operating Expenses (2010 - 2026)

Laredo Oil (LRDC) has 17 years of Operating Expenses data on file, last reported at $1.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 75.23% year-over-year to $1.1 million; the trailing twelve-month figure through Feb 2026 stood at $6.1 million (up 131.6% YoY), and the FY2025 full-year result was $3.3 million, down 2.77% from the prior year.
• Operating Expenses slipped to $1.1 million in Q1 2026, from $3.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $5.0 million in Q2 2023 to a low of $151151.0 in Q1 2022.
• A 5-year average of $1.2 million and a median of $703394.0 in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 752.3% in 2022 and plunged 87.1% in 2024, its largest moves.
• Tracing LRDC's Operating Expenses over 5 years: stood at $624920.0 in 2022, then soared by 39.5% to $871772.0 in 2023, then fell by 19.31% to $703394.0 in 2024, then soared by 321.71% to $3.0 million in 2025, then sank by 63.97% to $1.1 million in 2026.
• Business Quant data shows LRDC's Operating Expenses at $1.1 million in Q1 2026, $3.0 million in Q4 2025, and $693261.0 in Q3 2025.