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
DateValue
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