American Electric Power Operating Expenses Growth & History (AEP)
American Electric Power's operating expenses was $9.35B for fiscal 2025.
View full American Electric Power company overviewAmerican Electric Power annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.35B | −$378.0M | −3.88% |
| 2024 | 2024-12-31 | $9.73B | −$5.70B | −36.93% |
| 2023 | 2023-12-31 | $15.43B | −$730.7M | −4.52% |
| 2022 | 2022-12-31 | $16.16B | $2.78B | +20.75% |
| 2021 | 2021-12-31 | $13.38B | $1.45B | +12.15% |
| 2020 | 2020-12-31 | $11.93B | −$1.04B | −8.01% |
| 2019 | 2019-12-31 | $12.97B | −$543.9M | −4.03% |
| 2018 | 2018-12-31 | $13.51B | $1.61B | +13.56% |
| 2017 | 2017-12-31 | $11.90B | −$3.32B | −21.79% |
| 2016 | 2016-12-31 | $15.22B | $2.10B | +15.98% |
| 2015 | 2015-12-31 | $13.12B | −$131.5M | −0.99% |
| 2014 | 2014-12-31 | $13.25B | $1.26B | +10.51% |
| 2013 | 2013-12-31 | $11.99B | −$298.0M | −2.42% |
| 2012 | 2012-12-31 | $12.29B | −$45.0M | −0.36% |
| 2011 | 2011-12-31 | $12.33B | $570.0M | +4.85% |
| 2010 | 2010-12-31 | $11.76B | $1.05B | +9.76% |
| 2009 | 2009-12-31 | $10.72B | −$935.0M | −8.02% |
| 2008 | 2008-12-31 | $11.65B | $592.0M | +5.35% |
| 2007 | 2007-12-31 | $11.06B | — | — |
American Electric Power quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.15B | $36.1M | +1.71% |
| Q1 2026 | 2026-03-31 | $2.44B | −$51.0M | −2.04% |
| Q4 2025 | 2025-12-31 | $2.28B | −$46.2M | −1.98% |
| Q3 2025 | 2025-09-30 | $2.46B | −$1.61B | −39.52% |
| Q2 2025 | 2025-06-30 | $2.11B | −$1.78B | −45.71% |
| Q1 2025 | 2025-03-31 | $2.49B | −$1.36B | −35.27% |
| Q4 2024 | 2024-12-31 | $2.33B | −$1.63B | −41.10% |
| Q3 2024 | 2024-09-30 | $4.07B | $80.2M | +2.01% |
| Q2 2024 | 2024-06-30 | $3.90B | $397.5M | +11.36% |
| Q1 2024 | 2024-03-31 | $3.85B | −$133.0M | −3.34% |
| Q4 2023 | 2023-12-31 | $3.95B | −$367.2M | −8.50% |
| Q3 2023 | 2023-09-30 | $3.99B | −$607.6M | −13.22% |
| Q2 2023 | 2023-06-30 | $3.50B | −$137.5M | −3.78% |
| Q1 2023 | 2023-03-31 | $3.99B | $381.6M | +10.59% |
| Q4 2022 | 2022-12-31 | $4.32B | $943.3M | +27.93% |
| Q3 2022 | 2022-09-30 | $4.60B | $1.08B | +30.73% |
| Q2 2022 | 2022-06-30 | $3.64B | $618.7M | +20.51% |
| Q1 2022 | 2022-03-31 | $3.60B | $133.7M | +3.85% |
| Q4 2021 | 2021-12-31 | $3.38B | $337.3M | +11.09% |
| Q3 2021 | 2021-09-30 | $3.52B | $392.4M | +12.56% |
| Q2 2021 | 2021-06-30 | $3.02B | $245.3M | +8.85% |
| Q1 2021 | 2021-03-31 | $3.47B | $474.9M | +15.85% |
| Q4 2020 | 2020-12-31 | $3.04B | −$280.9M | −8.46% |
| Q3 2020 | 2020-09-30 | $3.12B | −$233.6M | −6.96% |
| Q2 2020 | 2020-06-30 | $2.77B | −$251.3M | −8.31% |
| Q1 2020 | 2020-03-31 | $3.00B | −$272.5M | −8.34% |
| Q4 2019 | 2019-12-31 | $3.32B | $71.3M | +2.19% |
| Q3 2019 | 2019-09-30 | $3.36B | −$307.7M | −8.40% |
| Q2 2019 | 2019-06-30 | $3.02B | −$233.6M | −7.17% |
| Q1 2019 | 2019-03-31 | $3.27B | −$73.9M | −2.21% |
| Q4 2018 | 2018-12-31 | $3.25B | $170.5M | +5.54% |
| Q3 2018 | 2018-09-30 | $3.66B | $534.9M | +17.09% |
| Q2 2018 | 2018-06-30 | $3.26B | $413.0M | +14.53% |
| Q1 2018 | 2018-03-31 | $3.34B | $494.7M | +17.37% |
| Q4 2017 | 2017-12-31 | $3.08B | −$177.9M | −5.46% |
| Q3 2017 | 2017-09-30 | $3.13B | −$2.65B | −45.86% |
| Q2 2017 | 2017-06-30 | $2.84B | −$183.5M | −6.06% |
| Q1 2017 | 2017-03-31 | $2.85B | −$304.4M | −9.66% |
| Q4 2016 | 2016-12-31 | $3.26B | $109.1M | +3.47% |
| Q3 2016 | 2016-09-30 | $5.78B | $2.31B | +66.52% |
| Q2 2016 | 2016-06-30 | $3.03B | $4.1M | +0.14% |
| Q1 2016 | 2016-03-31 | $3.15B | −$325.6M | −9.36% |
| Q4 2015 | 2015-12-31 | $3.15B | $37.1M | +1.19% |
| Q3 2015 | 2015-09-30 | $3.47B | $215.2M | +6.61% |
| Q2 2015 | 2015-06-30 | $3.02B | −$254.4M | −7.76% |
| Q1 2015 | 2015-03-31 | $3.48B | −$129.4M | −3.59% |
| Q4 2014 | 2014-12-31 | $3.11B | $527.2M | +20.40% |
| Q3 2014 | 2014-09-30 | $3.26B | −$45.0M | −1.36% |
| Q2 2014 | 2014-06-30 | $3.28B | $242.0M | +7.97% |
| Q1 2014 | 2014-03-31 | $3.61B | $536.0M | +17.45% |
| Q4 2013 | 2013-12-31 | $2.58B | −$780.0M | −23.19% |
| Q3 2013 | 2013-09-30 | $3.30B | $57.0M | +1.76% |
| Q2 2013 | 2013-06-30 | $3.04B | $225.0M | +8.01% |
| Q1 2013 | 2013-03-31 | $3.07B | $200.0M | +6.97% |
| Q4 2012 | 2012-12-31 | $3.36B | $263.0M | +8.48% |
| Q3 2012 | 2012-09-30 | $3.24B | −$199.0M | −5.78% |
| Q2 2012 | 2012-06-30 | $2.81B | −$82.0M | −2.84% |
| Q1 2012 | 2012-03-31 | $2.87B | −$27.0M | −0.93% |
| Q4 2011 | 2011-12-31 | $3.10B | $153.0M | +5.19% |
| Q3 2011 | 2011-09-30 | $3.44B | $404.0M | +13.29% |
| Q2 2011 | 2011-06-30 | $2.89B | −$74.0M | −2.49% |
| Q1 2011 | 2011-03-31 | $2.90B | $87.0M | +3.09% |
| Q4 2010 | 2010-12-31 | $2.95B | $147.0M | +5.25% |
| Q3 2010 | 2010-09-30 | $3.04B | $350.0M | +13.02% |
| Q2 2010 | 2010-06-30 | $2.97B | $446.0M | +17.70% |
| Q1 2010 | 2010-03-31 | $2.81B | $103.0M | +3.80% |
| Q4 2009 | 2009-12-31 | $2.80B | — | — |
| Q3 2009 | 2009-09-30 | $2.69B | −$765.0M | −22.15% |
| Q2 2009 | 2009-06-30 | $2.52B | −$440.0M | −14.86% |
| Q1 2009 | 2009-03-31 | $2.71B | — | — |
| Q3 2008 | 2008-09-30 | $3.45B | — | — |
| Q2 2008 | 2008-06-30 | $2.96B | — | — |
American Electric Power operating expenses trends
Over the last five fiscal years, American Electric Power's operating expenses decreased from $11.93B to $9.35B, a change of −$2.58B. The latest reported quarter, Q2 2026, shows $2.15B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Electric Power source filings ↗