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

ONE Gas has disclosed Operating Expenses across 14 years of filings, most recently posting $248.5 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 2.61% year-over-year to $248.5 million; the TTM figure through Mar 2026 stood at $977.4 million (up 6.34% YoY), while the FY2025 annual figure was $971.0 million, up 7.14% from the prior year.
• Operating Expenses slipped to $248.5 million in Q1 2026, from $257.7 million in the prior quarter.
• Over the last five years, Operating Expenses for OGS reached as high as $257.7 million in Q4 2025 and fell as low as $182.2 million in Q2 2022.
• The 5-year median for Operating Expenses is $221.3 million (2024), against an average of $220.9 million.
• Annual changes were most pronounced in 2023 — Operating Expenses rose 13.82% — and 2026, when it increased 2.61%.
• A 5-year view of Operating Expenses shows it stood at $209.9 million in 2022, then advanced by 10.14% to $231.2 million in 2023, then increased by 4.94% to $242.7 million in 2024, then advanced by 6.22% to $257.7 million in 2025, then slipped by 3.57% to $248.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $248.5 million, $257.7 million, and $237.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.