Talos Energy (TALO) Operating Expenses (2017 - 2026)
Talos Energy's (TALO) quarterly Operating Expenses came in at $591.7 million in Q1 2026, up 26.01% year-on-year from $469.6 million in Q1 2025, and down 6.99% quarter-over-quarter from $636.2 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 26.01% year-over-year to $591.7 million in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 29.05% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 29.97% from the prior year.
- Operating Expenses fell to $591.7 million in Q1 2026 per TALO's latest filing, from $636.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $698.3 million in Q2 2025 and bottomed at $196.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $362.1 million (2024), against an average of $405.7 million.
- Across the five-year window, Operating Expenses slipped 3.08% in 2022 and jumped 89.47% in 2024, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest TALO Operating Expenses figures stand at $591.7 million (Q1 2026), $636.2 million (Q4 2025), and $536.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Talos Energy | 2.38 Bn | 1.98 Bn | 343.28 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 |