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Texas Pacific Land (TPL) Operating Expenses (2020 - 2026)

Texas Pacific Land has reported Operating Expenses over the past 6 years, most recently at $62.3 million for Q4 2025.

  • Quarterly Operating Expenses rose 44.16% to $62.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $206.0 million through Dec 2025, up 23.6% year-over-year, with the annual reading at $206.0 million for FY2025, 23.6% up from the prior year.
  • Operating Expenses was $62.3 million for Q4 2025 at Texas Pacific Land, up from $54.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $62.3 million in Q4 2025 and troughed at $20.5 million in Q3 2021.
  • The 5-year median for Operating Expenses is $35.4 million (2023), against an average of $35.6 million.
  • Year-over-year, Operating Expenses fell 15.04% in 2021 and then surged 79.87% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $21.3 million in 2021, then soared by 33.58% to $28.5 million in 2022, then rose by 15.17% to $32.8 million in 2023, then soared by 31.85% to $43.2 million in 2024, then soared by 44.16% to $62.3 million in 2025.
  • Per Business Quant, the three most recent readings for TPL's Operating Expenses are $62.3 million (Q4 2025), $54.0 million (Q3 2025), and $43.8 million (Q2 2025).