New Jersey Resources NJR
NYSE NJR
$53.30 -0.70 (-1.30%)
As of: Sep 9, 2026 · 3:10 PM EDT

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

Historic Data

Download Data
DateValue
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