New Jersey Resources (NJR) Operating Expenses (2009 - 2026)

New Jersey Resources has reported Operating Expenses for 18 years, with the latest figure at $638.4 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 0.84% year-over-year to $638.4 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (up 14.37% YoY), and the FY2025 full-year result was $1.5 billion, up 14.13% from the prior year.
• Operating Expenses for Q1 2026 stood at $638.4 million, up from $425.6 million in the prior quarter.
• The five-year high for Operating Expenses was $773.4 million in Q1 2022, with the low at $249.7 million in Q3 2024.
• Historically, Operating Expenses has averaged $439.2 million across 5 years, with a median of $425.6 million in 2025.
• Annual changes were most pronounced in 2023 — Operating Expenses plunged 60.99% — and 2025, when it surged 42.46%.
• New Jersey Resources' Operating Expenses stood at $550.8 million in 2022, then tumbled by 39.83% to $331.4 million in 2023, then dropped by 9.84% to $298.8 million in 2024, then jumped by 42.46% to $425.6 million in 2025, then surged by 49.98% to $638.4 million in 2026.
• The last three Operating Expenses figures came in at $638.4 million (Q1 2026), $425.6 million (Q4 2025), and $295.7 million (Q3 2025), per Business Quant data.