Laredo Oil (LRDC) Operating Expenses (2010 - 2026)
Laredo Oil's Operating Expenses came in at $1.07 million for fiscal Q3 2026 (quarter ended Feb 28, 2026), up 75.2% from $609,866 a year earlier but down 64.0% from the prior quarter.
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Analysis
Laredo Oil (LRDC) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Feb 28, 2026, Laredo Oil reported Operating Expenses of $6.08 million, up 131.6% year-over-year; for FY2025 (ended May 31, 2025), it came in at $3.33 million, down 2.8% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 61.1% (FY2020 to FY2025).
- Going back by fiscal year, Operating Expenses was $3.43 million in FY2024 (-51.9%), $7.12 million in FY2023 (+350.6%), $1.58 million in FY2022 (+216.4%) and $499,332 in FY2021 (+62.6%).
- The five-year range for quarterly Operating Expenses is $123,018 (fiscal Q4 2021) to $4.98 million (fiscal Q4 2023).
- Year-over-year, Operating Expenses has increased for five consecutive quarters, with growth averaging 45.3% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q4 2022 (growth of 752.3%), and the weakest in fiscal Q4 2024 (a decline of 87.1%).
- Business Quant data shows LRDC's Operating Expenses at $2.97 million (Q2 2026), $693,261 (Q1 2026) and $1.35 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Laredo Oil | 46.59 Mn | 45.09 Mn | - | 1.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 1.07 Mn |
| Nov 30, 2025 | 2.97 Mn |
| Aug 31, 2025 | 693,261.00 |
| May 31, 2025 | 1.35 Mn |
| Feb 28, 2025 | 609,866.00 |
| Nov 30, 2024 | 703,394.00 |
| Aug 31, 2024 | 670,359.00 |
| May 31, 2024 | 642,050.00 |
| Feb 29, 2024 | 563,308.00 |
| Nov 30, 2023 | 871,772.00 |
| Aug 31, 2023 | 1.35 Mn |
| May 31, 2023 | 4.98 Mn |
| Feb 28, 2023 | 590,170.00 |
| Nov 30, 2022 | 624,920.00 |
| Aug 31, 2022 | 927,733.00 |
| May 31, 2022 | 1.05 Mn |
| Feb 28, 2022 | 151,151.00 |
| Nov 30, 2021 | 215,476.00 |
| Aug 31, 2021 | 164,955.00 |
| May 31, 2021 | 123,018.00 |
API Access
Laredo Oil Operating 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=operating-expenses&ticker=LRDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-expenses&ticker=LRDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();