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
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