Viper Energy (VNOM) Operating Expenses (2024 - 2026)

Viper Energy's Operating Expenses history runs 3 years deep, the most recent figure standing at $258.0 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 186.67% year-over-year to $258.0 million; the TTM figure through Mar 2026 stood at $1.6 billion (changed N/A YoY), while the FY2025 annual figure was $1.5 billion, up 422.11% from the prior year.
• Operating Expenses came in at $258.0 million for Q1 2026 at Viper Energy, down from $689.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $689.0 million in Q4 2025 and troughed at $75.0 million in Q3 2024.
• The 3-year median for Operating Expenses is $174.0 million (2025), against an average of $298.5 million.
• The widest annual swing landed in 2025, when Operating Expenses jumped 710.59%; it then surged 186.67% in 2026.
• A 3-year view of Operating Expenses shows it stood at $85.0 million in 2024, then jumped by 710.59% to $689.0 million in 2025, then sank by 62.55% to $258.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $258.0 million in Q1 2026, $689.0 million in Q4 2025, and $594.0 million in Q3 2025.