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

Viper Energy (VNOM) has reported Operating Expenses for 3 consecutive years, with $249.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 53.7% year-over-year to $249.0 million in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 334.47% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 422.11% from the prior year.
• Operating Expenses was $249.0 million for Q2 2026 at Viper Energy, down from $258.0 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.
• A 3-year average of $275.2 million and a median of $205.5 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 710.59% in 2025 and soared 53.7% in 2026, its largest moves.
• Over 3 years, Operating Expenses stood at $85.0 million in 2024, then surged by 710.59% to $689.0 million in 2025, then slumped by 63.86% to $249.0 million in 2026.
• The last three Operating Expenses figures came in at $249.0 million (Q2 2026), $258.0 million (Q1 2026), and $689.0 million (Q4 2025), per Business Quant data.