TotalEnergies SE (TTE) Operating Expenses (2009 - 2026)
TotalEnergies SE's (TTE) quarterly Operating Expenses came in at $46.4 billion in Q2 2026, up 25.22% on a YoY basis from $37.1 billion in Q2 2025, and up 989.33% quarter-over-quarter from -$5.2 billion in Q1 2026.
Analysis
TotalEnergies SE (TTE) Operating Expenses (2009 - 2026) Analysis & Trends
TotalEnergies SE (TTE) has reported Operating Expenses for 18 consecutive years, with $46.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 25.22% year-over-year to $46.4 billion; the trailing twelve-month figure through Jun 2026 stood at $31.6 billion (up 55.89% YoY), and the FY2025 full-year result was -$22.2 billion, down 2.07% from the prior year.
- Operating Expenses climbed to $46.4 billion in Q2 2026 per TTE's latest filing, from -$5.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $46.4 billion in Q2 2026 and bottomed at -$6.9 billion in Q1 2023.
- Historically, Operating Expenses has averaged $4.9 billion across 5 years, with a median of -$5.2 billion in 2024.
- The widest YoY moves for Operating Expenses: up 840.91% in 2023, down 82.2% in 2023.
- Over 5 years, Operating Expenses stood at -$4.6 billion in 2022, then slumped by 49.5% to -$6.8 billion in 2023, then climbed by 18.32% to -$5.6 billion in 2024, then climbed by 6.95% to -$5.2 billion in 2025, then surged by 993.96% to $46.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $46.4 billion, -$5.2 billion, and -$5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 53.37 Bn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 3.02 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 46.44 Bn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 22.08 Mn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | -22.18 Bn |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 47.07 Bn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 17.00 Mn |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 9.54 Bn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 4.55 Bn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 978.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.44 Bn |
| Mar 31, 2026 | -5.22 Bn |
| Dec 31, 2025 | -5.20 Bn |
| Sep 30, 2025 | -4.44 Bn |
| Jun 30, 2025 | 37.09 Bn |
| Mar 31, 2025 | -5.33 Bn |
| Dec 31, 2024 | -5.58 Bn |
| Sep 30, 2024 | -5.91 Bn |
| Jun 30, 2024 | 39.94 Bn |
| Mar 31, 2024 | -5.21 Bn |
| Dec 31, 2023 | -6.84 Bn |
| Sep 30, 2023 | -6.35 Bn |
| Jun 30, 2023 | 41.83 Bn |
| Mar 31, 2023 | -6.90 Bn |
| Dec 31, 2022 | -4.57 Bn |
| Sep 30, 2022 | -5.80 Bn |
| Jun 30, 2022 | -5.65 Bn |
| Mar 31, 2022 | -3.79 Bn |
| Dec 31, 2021 | -5.19 Bn |
| Sep 30, 2021 | -11.40 Bn |