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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.

  • Quarterly results put Operating Expenses at $1.1 million for Q1 2026, up 75.23% from a year ago — trailing twelve months through Feb 2026 was $6.1 million (up 131.6% YoY), and the annual figure for FY2025 was $3.3 million, down 2.77%.
  • Operating Expenses for Q1 2026 was $1.1 million at Laredo Oil, down 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.
  • The 5-year median for Operating Expenses is $703394.0 (2024), against an average of $1.2 million.
  • The sharpest move saw Operating Expenses skyrocketed 752.3% in 2022, then plummeted 87.1% in 2024.
  • Year by year, Operating Expenses stood at $624920.0 in 2022, then skyrocketed by 39.5% to $871772.0 in 2023, then dropped by 19.31% to $703394.0 in 2024, then skyrocketed by 321.71% to $3.0 million in 2025, then tumbled by 63.97% to $1.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $1.1 million, $3.0 million, and $693261.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.