Sable Offshore (SOC) Operating Expenses (2021 - 2026)

Sable Offshore has reported Operating Expenses for 6 years, with the latest figure at $120.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 100.72% year-over-year to $120.0 million; the trailing twelve-month figure through Mar 2026 stood at $468.5 million (up 106.03% YoY), and the FY2025 full-year result was $408.3 million, up 24.95% from the prior year.
• Operating Expenses for Q1 2026 stood at $120.0 million, up from $100.2 million in the prior quarter.
• The five-year high for Operating Expenses was $159.1 million in Q1 2024, with the low at $306338.0 in Q2 2022.
• Historically, Operating Expenses has averaged $56.2 million across 5 years, with a median of $50.8 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses jumped 7184.44% — and 2025, when it slumped 62.43%.
• Sable Offshore's Operating Expenses stood at $4.1 million in 2022, then surged by 538.88% to $26.4 million in 2023, then soared by 92.03% to $50.8 million in 2024, then soared by 97.42% to $100.2 million in 2025, then advanced by 19.77% to $120.0 million in 2026.
• The last three Operating Expenses figures came in at $120.0 million (Q1 2026), $100.2 million (Q4 2025), and $119.4 million (Q3 2025), per Business Quant data.