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Texas Pacific Land (TPL) Operating Expenses (2020 - 2025)

Texas Pacific Land (TPL) has disclosed Operating Expenses for 6 consecutive years, with $62.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 44.16% to $62.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $206.0 million, a 23.6% increase, with the full-year FY2025 number at $206.0 million, up 23.6% from a year prior.
  • Operating Expenses was $62.3 million for Q4 2025 at Texas Pacific Land, up from $54.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $62.3 million in Q4 2025 to a low of $20.5 million in Q3 2021.
  • A 5-year average of $35.6 million and a median of $35.4 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: fell 15.04% in 2021, then surged 79.87% in 2023.
  • Texas Pacific Land's Operating Expenses stood at $21.3 million in 2021, then skyrocketed by 33.58% to $28.5 million in 2022, then grew by 15.17% to $32.8 million in 2023, then skyrocketed by 31.85% to $43.2 million in 2024, then skyrocketed 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).