Sky Quarry (SKYQ) Operating Expenses (2023 - 2026)

Sky Quarry (SKYQ) posted quarterly Operating Expenses of $1.2 million for Q1 2026, down 37.27% YoY from $1.9 million in Q1 2025, and up 11.66% sequentially from $1.1 million in Q4 2025.

Sky Quarry (SKYQ) Operating Expenses (2023 - 2026) Analysis & Trends

Sky Quarry has disclosed Operating Expenses across 4 years of filings, most recently posting $1.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 37.27% year-over-year to $1.2 million; the TTM figure through Mar 2026 stood at $5.4 million (down 15.92% YoY), while the FY2025 annual figure was $6.1 million, changed 0.36% from the prior year.
  • Operating Expenses improved to $1.2 million in Q1 2026, from $1.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for SKYQ reached as high as $2.3 million in Q4 2024 and fell as low as -$113430.0 in Q4 2023.
  • The 4-year median for Operating Expenses is $1.4 million (2023), against an average of $1.3 million.
  • Annual changes were most pronounced in 2024 — Operating Expenses soared 2097.72% — and 2025, when it sank 51.96%.
  • A 4-year view of Operating Expenses shows it stood at -$113430.0 in 2023, then soared by 2097.72% to $2.3 million in 2024, then slumped by 51.96% to $1.1 million in 2025, then advanced by 11.66% to $1.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.2 million, $1.1 million, and $1.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 78.17 Bn
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -3.49 Bn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 44.00 Mn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 -5,222.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 7.68 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn - -19.06 Bn
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 511.24 Mn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 277.71 Mn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 14.66 Mn
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 1.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.22 Mn
Dec 31, 2025 1.09 Mn
Sep 30, 2025 1.50 Mn
Jun 30, 2025 1.62 Mn
Mar 31, 2025 1.94 Mn
Dec 31, 2024 2.27 Mn
Sep 30, 2024 1.28 Mn
Jun 30, 2024 972,851.00
Mar 31, 2024 1.61 Mn
Dec 31, 2023 -113,430.00
Sep 30, 2023 1.43 Mn