ONE Gas OGS
NYSE OGS
$79.12 -1.63 (-2.02%)
As of: Sep 9, 2026 · 3:59 PM EDT

ONE Gas (OGS) Operating Expenses (2013 - 2026)

ONE Gas' (OGS) quarterly Operating Expenses came in at $238.7 million in Q2 2026, up 2.02% year-over-year from $233.9 million in Q2 2025, and down 3.97% quarter-over-quarter from $248.5 million in Q1 2026.

Analysis

ONE Gas (OGS) Operating Expenses (2013 - 2026) Analysis & Trends

ONE Gas (OGS) has reported Operating Expenses for 14 consecutive years, with $238.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 2.02% year-over-year to $238.7 million in Q2 2026; TTM through Jun 2026 was $982.1 million, a 4.46% increase from a year earlier, with the FY2025 full-year figure at $971.0 million, up 7.14% from the prior year.
  • Operating Expenses was $238.7 million for Q2 2026 at ONE Gas, down from $248.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $257.7 million in Q4 2025 and troughed at $182.2 million in Q2 2022.
  • A 5-year average of $221.9 million and a median of $225.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses increased 13.82% in 2023 and climbed 2.02% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $209.9 million in 2022, then gained by 10.14% to $231.2 million in 2023, then grew by 4.94% to $242.7 million in 2024, then gained by 6.22% to $257.7 million in 2025, then declined by 7.4% to $238.7 million in 2026.
  • The last three Operating Expenses figures came in at $238.7 million (Q2 2026), $248.5 million (Q1 2026), and $257.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Atmos Energy 28.05 Bn 27.52 Bn - -
2 Nisource 19.98 Bn 19.91 Bn 867.50 Mn 1.11 Bn
3 New Jersey Resources 5.41 Bn 5.37 Bn 243.61 Mn 317.29 Mn
4 ONE Gas 4.97 Bn 4.94 Bn 272.01 Mn 238.68 Mn
5 Rgc Resources 220.42 Mn 217.40 Mn 11.98 Mn 15.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 238.68 Mn
Mar 31, 2026 248.54 Mn
Dec 31, 2025 257.75 Mn
Sep 30, 2025 237.13 Mn
Jun 30, 2025 233.94 Mn
Mar 31, 2025 242.23 Mn
Dec 31, 2024 242.65 Mn
Sep 30, 2024 221.32 Mn
Jun 30, 2024 212.90 Mn
Mar 31, 2024 229.46 Mn
Dec 31, 2023 231.22 Mn
Sep 30, 2023 207.70 Mn
Jun 30, 2023 203.85 Mn
Mar 31, 2023 217.11 Mn
Dec 31, 2022 209.94 Mn
Sep 30, 2022 186.11 Mn
Jun 30, 2022 182.16 Mn
Mar 31, 2022 190.76 Mn
Dec 31, 2021 198.89 Mn
Sep 30, 2021 172.72 Mn