HF Sinclair annual operating expenses
2020
2021
2022
2023
2024
2025
HF Sinclair Operating Expenses Growth & History (DINO)
HF Sinclair's operating expenses was $25.94B for fiscal 2025.
View full HF Sinclair company overviewHF Sinclair annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.94B | −$2.38B | −8.39% |
| 2024 | 2024-12-31 | $28.32B | −$1.44B | −4.85% |
| 2023 | 2023-12-31 | $29.76B | −$4.39B | −12.85% |
| 2022 | 2022-12-31 | $34.15B | $16.51B | +93.60% |
| 2021 | 2021-12-31 | $17.64B | $5.72B | +48.02% |
| 2020 | 2020-12-31 | $11.92B | — | — |
HF Sinclair quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.22B | $2.71B | +41.68% |
| Q1 2026 | 2026-03-31 | $6.28B | −$13.0M | −0.21% |
| Q4 2025 | 2025-12-31 | $6.46B | −$268.7M | −3.99% |
| Q3 2025 | 2025-09-30 | $6.69B | −$641.0M | −8.75% |
| Q2 2025 | 2025-06-30 | $6.51B | −$1.14B | −14.90% |
| Q1 2025 | 2025-03-31 | $6.29B | −$327.3M | −4.95% |
| Q4 2024 | 2024-12-31 | $6.73B | −$1.01B | −13.08% |
| Q3 2024 | 2024-09-30 | $7.33B | −$506.1M | −6.46% |
| Q2 2024 | 2024-06-30 | $7.65B | $519.7M | +7.29% |
| Q1 2024 | 2024-03-31 | $6.62B | −$444.6M | −6.30% |
| Q4 2023 | 2023-12-31 | $7.74B | −$420.3M | −5.15% |
| Q3 2023 | 2023-09-30 | $7.83B | −$1.44B | −15.50% |
| Q2 2023 | 2023-06-30 | $7.13B | −$2.37B | −24.92% |
| Q1 2023 | 2023-03-31 | $7.06B | −$165.0M | −2.28% |
| Q4 2022 | 2022-12-31 | $8.16B | $2.51B | +44.56% |
| Q3 2022 | 2022-09-30 | $9.27B | $4.88B | +111.31% |
| Q2 2022 | 2022-06-30 | $9.50B | $5.25B | +123.80% |
| Q1 2022 | 2022-03-31 | $7.23B | $3.86B | +114.66% |
| Q4 2021 | 2021-12-31 | $5.64B | — | — |
| Q3 2021 | 2021-09-30 | $4.39B | — | — |
| Q2 2021 | 2021-06-30 | $4.24B | — | — |
| Q1 2021 | 2021-03-31 | $3.37B | — | — |
HF Sinclair operating expenses trends
Over the last five fiscal years, HF Sinclair's operating expenses increased from $11.92B to $25.94B, a change of $14.02B. The latest reported quarter, Q2 2026, shows $9.22B.
About the metric
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.
Calculation and source
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 HF Sinclair source filings ↗