Vivakor (VIVK) Operating Expenses (2021 - 2026)
Vivakor (VIVK) recorded Operating Expenses of $6.48 million in Q2 2026, down 43.0% from $11.36 million a year earlier and down 20.5% from the prior quarter.
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Analysis
Vivakor (VIVK) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Vivakor's Operating Expenses came in at $93.64 million as of Jun 30, 2026, up 94.6% year-over-year; for FY2025, it came in at $101.57 million, up 215.3% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 83.0% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $32.21 million in FY2024 (+183.8%), $11.35 million in FY2023 (-55.7%), $25.61 million in FY2022 (+267.8%) and $6.96 million in FY2021 (+40.7%).
- The Q2 2026 figure is the lowest quarterly Operating Expenses since Q3 2024.
- On a year-over-year basis, Operating Expenses rose in six of the last eight quarters, with growth averaging 170.8%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 896.6% in Q4 2022, against a decline of 73.7% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.15 million (Q1 2026), $65.27 million (Q4 2025) and $13.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 19.09 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 1.87 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 3.13 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | -1.06 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 354.10 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 1.93 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Vivakor | 6,619.12 | -4.94 Mn | 6.63 Mn | 6.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.48 Mn |
| Mar 31, 2026 | 8.15 Mn |
| Dec 31, 2025 | 65.27 Mn |
| Sep 30, 2025 | 13.75 Mn |
| Jun 30, 2025 | 11.36 Mn |
| Mar 31, 2025 | 11.20 Mn |
| Dec 31, 2024 | 21.88 Mn |
| Sep 30, 2024 | 3.68 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Mar 31, 2024 | 2.69 Mn |
| Dec 31, 2023 | 4.37 Mn |
| Sep 30, 2023 | 2.29 Mn |
| Jun 30, 2023 | 2.05 Mn |
| Mar 31, 2023 | 2.64 Mn |
| Dec 31, 2022 | 16.59 Mn |
| Sep 30, 2022 | 3.54 Mn |
| Jun 30, 2022 | 3.60 Mn |
| Mar 31, 2022 | 1.88 Mn |
| Dec 31, 2021 | 1.66 Mn |
| Sep 30, 2021 | 1.43 Mn |
API Access
Vivakor Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VIVK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VIVK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VIVK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();