Verde Clean Fuels (VGAS) Operating Expenses (2021 - 2026)
Verde Clean Fuels (VGAS) posted Operating Expenses of $2.9 million for Q1 2026, down 11.28% sequentially from $3.2 million in Q4 2025, and down 10.28% YoY from $3.2 million in Q1 2025.
Verde Clean Fuels (VGAS) Operating Expenses (2021 - 2026) Analysis & Trends
Verde Clean Fuels has reported Operating Expenses for 6 years, with the latest figure at $2.9 million in Q1 2026.
- Quarterly Operating Expenses fell 10.28% year-over-year to $2.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.2 million (up 1.9% YoY) and the FY2025 annual result came in at $12.5 million, up 7.39% from the prior year.
- Operating Expenses fell to $2.9 million in Q1 2026 per VGAS's latest filing, from $3.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $4.3 million in Q1 2023 and troughed at $940252.0 in Q3 2022.
- A 5-year average of $2.6 million and a median of $2.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 68853.89% in 2022, then slumped 33.88% in 2024.
- Over 5 years, Operating Expenses stood at $1.3 million in 2022, then surged by 88.9% to $2.4 million in 2023, then climbed by 19.98% to $2.8 million in 2024, then advanced by 13.47% to $3.2 million in 2025, then fell by 11.28% to $2.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.9 million, $3.2 million, and $2.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 12.05 Bn | 10.88 Bn | 117.49 Mn | 118.69 Mn |
| 2 | Ormat Technologies | 7.00 Bn | 6.35 Bn | 68.70 Mn | 27.07 Mn |
| 3 | Brookfield Renewable Partners | 4.14 Bn | 1.64 Bn | 623.00 Mn | 783.00 Mn |
| 4 | Clearway Energy | 3.78 Bn | 3.44 Bn | 332.00 Mn | 365.00 Mn |
| 5 | ReNew Energy Global | 2.47 Bn | 2.05 Bn | 269.00 Mn | 408.00 Mn |
| 6 | Fluence Energy | 1.85 Bn | 1.29 Bn | 33.24 Mn | 63.04 Mn |
| 7 | XPLR Infrastructure | 1.09 Bn | 591.52 Mn | - | 304.00 Mn |
| 8 | Energy Vault Holdings | 682.13 Mn | 574.78 Mn | 5.38 Mn | 30.04 Mn |
| 9 | AXIA Energia | 658.46 Mn | -1.92 Bn | 1.44 Bn | -424.56 Mn |
| 10 | Verde Clean Fuels | 28.47 Mn | -25.08 Mn | - | 2.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 Mn |
| Mar 31, 2026 | 2.85 Mn |
| Dec 31, 2025 | 3.22 Mn |
| Sep 30, 2025 | 2.88 Mn |
| Jun 30, 2025 | 3.24 Mn |
| Mar 31, 2025 | 3.18 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.79 Mn |
| Jun 30, 2024 | 3.16 Mn |
| Mar 31, 2024 | 2.88 Mn |
| Dec 31, 2023 | 2.36 Mn |
| Sep 30, 2023 | 2.59 Mn |
| Jun 30, 2023 | 2.54 Mn |
| Mar 31, 2023 | 4.35 Mn |
| Dec 31, 2022 | 1.25 Mn |
| Sep 30, 2022 | 940,252.00 |
| Jun 30, 2022 | 1.22 Mn |
| Mar 31, 2022 | 1.43 Mn |
| Dec 31, 2021 | 383,119.00 |
| Sep 30, 2021 | 68,294.00 |