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

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

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

Sky Quarry (SKYQ) has reported Operating Expenses for 4 consecutive years, with $1.2 million the latest figure, recorded in 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 rose to $1.2 million in Q1 2026 per SKYQ's latest filing, from $1.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.3 million in Q4 2024 and bottomed at -$113430.0 in Q4 2023.
  • Historically, Operating Expenses has averaged $1.3 million across 4 years, with a median of $1.4 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses soared 2097.72% — and 2025, when it tumbled 51.96%.
  • Sky Quarry's Operating Expenses stood at -$113430.0 in 2023, then jumped by 2097.72% to $2.3 million in 2024, then sank by 51.96% to $1.1 million in 2025, then climbed by 11.66% to $1.2 million in 2026.
  • Business Quant data shows SKYQ's Operating Expenses at $1.2 million in Q1 2026, $1.1 million in Q4 2025, and $1.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -3.48 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 78.17 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 44.66 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 3.02 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -22.18 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 1.27 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - 8.18 Bn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 95.00 Mn
10 Sky Quarry 16.93 Mn 16.09 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