Talos Energy (TALO) Operating Expenses (2017 - 2026)
Talos Energy (TALO) recorded quarterly Operating Expenses of $591.7 million in Q1 2026, down 6.99% quarter-over-quarter from $636.2 million in Q4 2025, and up 26.01% on a YoY basis from $469.6 million in Q1 2025.
Talos Energy (TALO) Operating Expenses (2017 - 2026) Analysis & Trends
Talos Energy's Operating Expenses history runs 10 years deep, the most recent figure standing at $591.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 26.01% year-over-year to $591.7 million; the TTM figure through Mar 2026 stood at $2.5 billion (up 29.05% YoY), while the FY2025 annual figure was $2.3 billion, up 29.97% from the prior year.
- Operating Expenses was $591.7 million for Q1 2026 at Talos Energy, down from $636.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $698.3 million in Q2 2025 to a low of $196.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $405.7 million across 5 years, with a median of $362.1 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 3.08% in 2022, then surged 89.47% in 2024.
- A 5-year view of Operating Expenses shows it stood at $263.6 million in 2022, then jumped by 32.87% to $350.2 million in 2023, then jumped by 30.78% to $458.0 million in 2024, then soared by 38.9% to $636.2 million in 2025, then retreated by 6.99% to $591.7 million in 2026.
- The last three Operating Expenses figures came in at $591.7 million (Q1 2026), $636.2 million (Q4 2025), and $536.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Talos Energy | 2.47 Bn | 2.06 Bn | 472.27 Mn | 591.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 591.74 Mn |
| Dec 31, 2025 | 636.20 Mn |
| Sep 30, 2025 | 536.23 Mn |
| Jun 30, 2025 | 698.31 Mn |
| Mar 31, 2025 | 469.61 Mn |
| Dec 31, 2024 | 458.02 Mn |
| Sep 30, 2024 | 485.74 Mn |
| Jun 30, 2024 | 494.80 Mn |
| Mar 31, 2024 | 362.09 Mn |
| Dec 31, 2023 | 350.22 Mn |
| Sep 30, 2023 | 256.36 Mn |
| Jun 30, 2023 | 326.79 Mn |
| Mar 31, 2023 | 314.73 Mn |
| Dec 31, 2022 | 263.58 Mn |
| Sep 30, 2022 | 213.14 Mn |
| Jun 30, 2022 | 243.10 Mn |
| Mar 31, 2022 | 196.05 Mn |
| Dec 31, 2021 | 258.65 Mn |
| Sep 30, 2021 | 198.57 Mn |
| Jun 30, 2021 | 210.42 Mn |