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Laredo Oil (LRDC) Operating Expenses (2016 - 2026)

Laredo Oil's Operating Expenses history spans 16 years, with the latest figure at $1.1 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 75.23% to $1.1 million in Q1 2026 year-over-year; TTM through Feb 2026 was $6.1 million, a 131.6% increase, with the full-year FY2025 number at $3.3 million, down 2.77% from a year prior.
  • Operating Expenses hit $1.1 million in Q1 2026 for Laredo Oil, down from $3.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for LRDC hit a ceiling of $5.0 million in Q2 2023 and a floor of $151151.0 in Q1 2022.
  • Historically, Operating Expenses has averaged $1.2 million across 5 years, with a median of $703394.0 in 2024.
  • Biggest five-year swings in Operating Expenses: surged 752.3% in 2022 and later tumbled 87.1% in 2024.
  • Tracing LRDC's Operating Expenses over 5 years: stood at $624920.0 in 2022, then surged by 39.5% to $871772.0 in 2023, then decreased by 19.31% to $703394.0 in 2024, then surged by 321.71% to $3.0 million in 2025, then crashed by 63.97% to $1.1 million in 2026.
  • Business Quant data shows Operating Expenses for LRDC at $1.1 million in Q1 2026, $3.0 million in Q4 2025, and $693261.0 in Q3 2025.