New Jersey Resources (NJR) Operating Expenses (2009 - 2026)
New Jersey Resources' (NJR) quarterly Operating Expenses came in at $317.3 million in Q2 2026, up 5.76% on a YoY basis from $300.0 million in Q2 2025, and down 50.3% quarter-over-quarter from $638.4 million in Q1 2026.
Analysis
New Jersey Resources (NJR) Operating Expenses (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has reported Operating Expenses for 18 consecutive years, with $317.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 5.76% year-over-year to $317.3 million; the trailing twelve-month figure through Jun 2026 stood at $1.7 billion (up 13.19% YoY), and the FY2025 full-year result was $1.5 billion, up 14.13% from the prior year.
- Operating Expenses slipped to $317.3 million in Q2 2026 per NJR's latest filing, from $638.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $773.4 million in Q1 2022 and bottomed at $249.7 million in Q3 2024.
- Historically, Operating Expenses has averaged $432.4 million across 5 years, with a median of $378.5 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses sank 60.99% in 2023, then soared 42.46% in 2025.
- Over 5 years, Operating Expenses stood at $550.8 million in 2022, then sank by 39.83% to $331.4 million in 2023, then fell by 9.84% to $298.8 million in 2024, then soared by 42.46% to $425.6 million in 2025, then slipped by 25.46% to $317.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $317.3 million, $638.4 million, and $425.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.06 Bn | 27.54 Bn | - | - |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn | 1.11 Bn |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn | 317.29 Mn |
| 4 | ONE Gas | 4.94 Bn | 4.91 Bn | 272.01 Mn | 238.68 Mn |
| 5 | Rgc Resources | 219.91 Mn | 216.89 Mn | 11.98 Mn | 15.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 317.29 Mn |
| Mar 31, 2026 | 638.37 Mn |
| Dec 31, 2025 | 425.65 Mn |
| Sep 30, 2025 | 295.68 Mn |
| Jun 30, 2025 | 300.01 Mn |
| Mar 31, 2025 | 633.08 Mn |
| Dec 31, 2024 | 298.78 Mn |
| Sep 30, 2024 | 249.65 Mn |
| Jun 30, 2024 | 269.70 Mn |
| Mar 31, 2024 | 487.69 Mn |
| Dec 31, 2023 | 331.39 Mn |
| Sep 30, 2023 | 267.03 Mn |
| Jun 30, 2023 | 259.34 Mn |
| Mar 31, 2023 | 478.84 Mn |
| Dec 31, 2022 | 550.78 Mn |
| Sep 30, 2022 | 684.58 Mn |
| Jun 30, 2022 | 522.53 Mn |
| Mar 31, 2022 | 773.44 Mn |
| Dec 31, 2021 | 518.96 Mn |
| Sep 30, 2021 | 529.41 Mn |