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

Viper Energy (VNOM) has 3 years of Operating Expenses data on file, last reported at $258.0 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $258.0 million, up 186.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (changed N/A YoY), and the FY2025 annual result was $1.5 billion, up 422.11% from the prior year.
• Operating Expenses slipped to $258.0 million in Q1 2026 per VNOM's latest filing, 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.
• A 3-year average of $298.5 million and a median of $174.0 million in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 710.59% in 2025, then jumped 186.67% in 2026.
• A 3-year view of Operating Expenses shows it stood at $85.0 million in 2024, then soared by 710.59% to $689.0 million in 2025, then plunged by 62.55% to $258.0 million in 2026.
• Business Quant data shows VNOM's Operating Expenses at $258.0 million in Q1 2026, $689.0 million in Q4 2025, and $594.0 million in Q3 2025.