MMEX Resources (MMEX) Operating Expenses (2010 - 2026)

MMEX Resources (MMEX) reported Operating Expenses of $291738.0 for Q1 2026, down 15.01% on a YoY basis from $343265.0 in Q1 2025, and down 4.98% quarter-over-quarter from $307012.0 in Q4 2025.

MMEX Resources (MMEX) Operating Expenses (2010 - 2026) Analysis & Trends

MMEX Resources has reported Operating Expenses for 17 years, with the latest figure at $291738.0 in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 15.01% year-over-year to $291738.0; the trailing twelve-month figure through Jan 2026 stood at $1.3 million (down 4.45% YoY), and the FY2025 full-year result was $1.4 million, up 10.21% from the prior year.
  • Operating Expenses for Q1 2026 stood at $291738.0, down from $307012.0 in the prior quarter.
  • The five-year high for Operating Expenses was $817312.0 in Q3 2022, with the low at $240703.0 in Q1 2023.
  • Historically, Operating Expenses has averaged $396463.1 across 5 years, with a median of $343265.0 in 2025.
  • The largest YoY upside for Operating Expenses was 174.36% in 2022 against a maximum downside of 65.5% in 2022.
  • MMEX Resources' Operating Expenses stood at $445126.0 in 2022, then slipped by 26.59% to $326757.0 in 2023, then advanced by 12.4% to $367269.0 in 2024, then slipped by 16.41% to $307012.0 in 2025, then retreated by 4.98% to $291738.0 in 2026.
  • The last three Operating Expenses figures came in at $291738.0 (Q1 2026), $307012.0 (Q4 2025), and $368537.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 103.91 Bn 103.65 Bn 1.11 Bn 620.73 Mn
2 Comfort Systems Usa 65.18 Bn 64.13 Bn 754.41 Mn 269.00 Mn
3 Emcor 36.65 Bn 35.73 Bn 863.95 Mn 460.11 Mn
4 Mastec 28.10 Bn 27.94 Bn 477.90 Mn 297.49 Mn
5 Sterling Infrastructure 27.31 Bn 26.80 Bn 194.30 Mn 49.26 Mn
6 APi 18.18 Bn 17.54 Bn 620.00 Mn 517.00 Mn
7 IES Holdings 14.63 Bn 14.37 Bn 254.79 Mn 142.57 Mn
8 Jacobs Solutions 14.18 Bn 12.80 Bn 794.89 Mn 876.07 Mn
9 Dycom Industries 13.76 Bn 13.05 Bn - -
10 MMEX Resources - - - 291,738.00

Historic Data

Download Data
DateValue
Jan 31, 2026 291,738.00
Oct 31, 2025 307,012.00
Jul 31, 2025 368,537.00
Apr 30, 2025 361,980.00
Jan 31, 2025 343,265.00
Oct 31, 2024 367,269.00
Jul 31, 2024 365,058.00
Apr 30, 2024 315,595.00
Jan 31, 2024 328,926.00
Oct 31, 2023 326,757.00
Jul 31, 2023 333,136.00
Apr 30, 2023 307,858.00
Jan 31, 2023 240,703.00
Oct 31, 2022 445,126.00
Jul 31, 2022 817,312.00
Apr 30, 2022 566,356.00
Jan 31, 2022 653,245.00
Oct 31, 2021 1.29 Mn
Jul 31, 2021 454,285.00
Apr 30, 2021 373,582.00