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.

• In Q1 2026, Operating Expenses rose 75.23% year-over-year to $1.1 million; the TTM figure through Feb 2026 stood at $6.1 million (up 131.6% YoY), while the FY2025 annual figure 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.
• Average Operating Expenses over 5 years is $1.2 million, with a median of $703394.0 recorded in 2024.
• Year-over-year, Operating Expenses jumped 752.3% in 2022 and sank 87.1% in 2024.
• Over 5 years, 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 slumped by 63.97% to $1.1 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $1.1 million in Q1 2026, $3.0 million in Q4 2025, and $693261.0 in Q3 2025.