Apa Operating Expenses Growth & History (APA)
Apa's operating expenses was $5.86B for fiscal 2025.
View full Apa company overviewApa annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.86B | −$1.43B | −19.62% |
| 2024 | 2024-12-31 | $7.29B | $2.66B | +57.53% |
| 2023 | 2023-12-31 | $4.63B | −$879.0M | −15.95% |
| 2022 | 2022-12-31 | $5.51B | $385.0M | +7.51% |
| 2021 | 2021-12-31 | $5.13B | −$3.41B | −39.97% |
| 2020 | 2020-12-31 | $8.54B | −$106.0M | −1.23% |
| 2019 | 2019-12-31 | $8.64B | — | — |
Apa quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.12B | −$319.0M | −22.14% |
| Q1 2026 | 2026-03-31 | $1.21B | −$565.0M | −31.90% |
| Q4 2025 | 2025-12-31 | $1.30B | −$493.0M | −27.43% |
| Q3 2025 | 2025-09-30 | $1.35B | −$1.33B | −49.59% |
| Q2 2025 | 2025-06-30 | $1.44B | −$123.0M | −7.86% |
| Q1 2025 | 2025-03-31 | $1.77B | $511.0M | +40.56% |
| Q4 2024 | 2024-12-31 | $1.80B | $601.0M | +50.25% |
| Q3 2024 | 2024-09-30 | $2.67B | $1.42B | +113.75% |
| Q2 2024 | 2024-06-30 | $1.56B | $459.0M | +41.54% |
| Q1 2024 | 2024-03-31 | $1.26B | $181.0M | +16.77% |
| Q4 2023 | 2023-12-31 | $1.20B | −$132.0M | −9.94% |
| Q3 2023 | 2023-09-30 | $1.25B | −$301.0M | −19.39% |
| Q2 2023 | 2023-06-30 | $1.10B | −$317.0M | −22.29% |
| Q1 2023 | 2023-03-31 | $1.08B | −$129.0M | −10.68% |
| Q4 2022 | 2022-12-31 | $1.33B | −$178.0M | −11.82% |
| Q3 2022 | 2022-09-30 | $1.55B | $302.0M | +24.16% |
| Q2 2022 | 2022-06-30 | $1.42B | $332.0M | +30.46% |
| Q1 2022 | 2022-03-31 | $1.21B | −$71.0M | −5.55% |
| Q4 2021 | 2021-12-31 | $1.51B | $472.0M | +45.65% |
| Q3 2021 | 2021-09-30 | $1.25B | $336.0M | +36.76% |
| Q2 2021 | 2021-06-30 | $1.09B | $148.0M | +15.71% |
| Q1 2021 | 2021-03-31 | $1.28B | −$4.37B | −77.35% |
| Q4 2020 | 2020-12-31 | $1.03B | — | — |
| Q3 2020 | 2020-09-30 | $914.0M | — | — |
| Q2 2020 | 2020-06-30 | $942.0M | — | — |
| Q1 2020 | 2020-03-31 | $5.65B | — | — |
Apa operating expenses trends
Over the last five fiscal years, Apa's operating expenses decreased from $8.54B to $5.86B, a change of −$2.67B. The latest reported quarter, Q2 2026, shows $1.12B.
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 Apa source filings ↗