Equinor Asa (STOHF) Operating Expenses (2009 - 2026)
Equinor Asa (STOHF) posted Operating Expenses of -$19.1 billion for Q1 2026, up 4.03% quarter-over-quarter from -$19.9 billion in Q4 2025, and up 9.44% year-on-year from -$17.4 billion in Q1 2025.
Equinor Asa (STOHF) Operating Expenses (2009 - 2026) Analysis & Trends
Equinor Asa (STOHF) has reported Operating Expenses for 18 consecutive years, with -$19.1 billion the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at -$19.1 billion, up 9.44% year-over-year; the trailing twelve-month figure through Mar 2026 was -$62.4 billion (down 3.45% YoY), and the FY2025 annual result was $81.1 billion, up 11.34% from the prior year.
- Operating Expenses was -$19.1 billion for Q1 2026 at Equinor Asa, up from -$19.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at -$2.0 billion in Q1 2022 and troughed at -$21.0 billion in Q1 2025.
- Average Operating Expenses over 5 years is -$13.7 billion, with a median of -$18.4 billion recorded in 2024.
- The widest YoY moves for Operating Expenses: up 84.61% in 2025, down 725.22% in 2025.
- Over 5 years, Operating Expenses stood at -$2.2 billion in 2022, then slumped by 823.0% to -$20.3 billion in 2023, then rose by 6.83% to -$18.9 billion in 2024, then declined by 4.97% to -$19.9 billion in 2025, then climbed by 4.03% to -$19.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$19.1 billion in Q1 2026, -$19.9 billion in Q4 2025, and -$20.8 billion in Q3 2025.
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 | Equinor Asa | - | - | - | -19.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.06 Bn |
| Dec 31, 2025 | -19.86 Bn |
| Sep 30, 2025 | -25.24 Bn |
| Jun 30, 2025 | -2.75 Bn |
| Mar 31, 2025 | -21.05 Bn |
| Dec 31, 2024 | -25.59 Bn |
| Sep 30, 2024 | -2.52 Bn |
| Jun 30, 2024 | -24.69 Bn |
| Mar 31, 2024 | -17.50 Bn |
| Dec 31, 2023 | -27.93 Bn |
| Jun 30, 2022 | -2.20 Bn |
| Mar 31, 2022 | -1.99 Bn |
| Jun 30, 2021 | -2.13 Bn |
| Mar 31, 2021 | -1.94 Bn |
| Dec 31, 2020 | -2.01 Bn |
| Jun 30, 2020 | -2.23 Bn |
| Mar 31, 2020 | -2.41 Bn |
| Dec 31, 2019 | -2.24 Bn |
| Sep 30, 2019 | -2.73 Bn |
| Jun 30, 2019 | -2.28 Bn |