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| Date | Value |
|---|---|
| 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 |