Vivakor (VIVK) Operating Expenses (2009 - 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.
Powered by 
Analysis
Vivakor (VIVK) Operating Expenses (2009 - 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 | 106.26 Bn | 104.14 Bn | 4.35 Bn | 13.53 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.09 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 16.05 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 3.37 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 50.00 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 34.32 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 372.30 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 4.26 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 2.13 Bn |
| 10 | Vivakor | 4,483.92 | -4.95 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 |
| Sep 30, 2025 | 13.75 Mn |
| Jun 30, 2025 | 11.36 Mn |
| Mar 31, 2025 | 11.20 Mn |
| Sep 30, 2024 | 3.68 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Mar 31, 2024 | 2.69 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 |
| Jun 30, 2021 | 1.73 Mn |
| Mar 31, 2021 | 2.14 Mn |
| Dec 31, 2020 | 3.12 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();