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

Laredo Oil has disclosed Operating Expenses across 17 years of filings, most recently posting $1.1 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.1 million, up 75.23% year-over-year; the trailing twelve-month figure through Feb 2026 was $6.1 million (up 131.6% YoY), and the FY2025 annual result was $3.3 million, down 2.77% from the prior year.
• Operating Expenses came in at $1.1 million for Q1 2026 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.
• Across the five-year window, Operating Expenses soared 752.3% in 2022 and slumped 87.1% in 2024, its largest moves.
• Laredo Oil's Operating Expenses stood at $624920.0 in 2022, then jumped by 39.5% to $871772.0 in 2023, then retreated by 19.31% to $703394.0 in 2024, then jumped by 321.71% to $3.0 million in 2025, then plunged by 63.97% to $1.1 million in 2026.
• The last three Operating Expenses figures came in at $1.1 million (Q1 2026), $3.0 million (Q4 2025), and $693261.0 (Q3 2025), per Business Quant data.