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

Sable Offshore (SOC) has 6 years of Operating Expenses data on file, last reported 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.
• Across five years, Operating Expenses topped out at $159.1 million in Q1 2024 and bottomed at $306338.0 in Q2 2022.
• The 5-year median for Operating Expenses is $50.8 million (2024), against an average of $56.2 million.
• The widest annual swing landed in 2023, when Operating Expenses jumped 7184.44%; it then plunged 62.43% in 2025.
• A 5-year view of Operating Expenses shows it stood at $4.1 million in 2022, then soared by 538.88% to $26.4 million in 2023, then jumped by 92.03% to $50.8 million in 2024, then jumped by 97.42% to $100.2 million in 2025, then climbed 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.

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