Empire Petroleum annual operating expenses
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Empire Petroleum Operating Expenses Growth & History (EP)
Empire Petroleum's operating expenses was $105.5M for fiscal 2025.
View full Empire Petroleum company overviewEmpire Petroleum annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $105.5M | $48.2M | +84.10% |
| 2024 | 2024-12-31 | $57.3M | $5.6M | +10.86% |
| 2023 | 2023-12-31 | $51.7M | $7.6M | +17.23% |
| 2022 | 2022-12-31 | $44.1M | $16.5M | +59.99% |
| 2021 | 2021-12-31 | $27.6M | $2.3M | +8.91% |
| 2020 | 2020-12-31 | $25.3M | $13.3M | +110.75% |
| 2019 | 2019-12-31 | $12.0M | $10.6M | +769.41% |
| 2018 | 2018-12-31 | $1.4M | $624,334 | +82.47% |
| 2017 | 2017-12-31 | $757,069 | $378,991 | +100.24% |
| 2016 | 2016-12-31 | $378,078 | $203,154 | +116.14% |
| 2015 | 2015-12-31 | $174,924 | −$47,039 | −21.19% |
| 2014 | 2014-12-31 | $221,963 | −$5,860 | −2.57% |
| 2013 | 2013-12-31 | $227,823 | $213,077 | +1444.98% |
| 2012 | 2012-12-31 | $14,746 | — | — |
Empire Petroleum quarterly operating expenses
Q3.11
Q3.12
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Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $11.0M | −$2.6M | −19.11% |
| Q1 2026 | 2026-03-31 | $10.7M | −$2.3M | −17.55% |
| Q4 2025 | 2025-12-31 | $66.0M | $52.0M | +370.75% |
| Q3 2025 | 2025-09-30 | $12.9M | −$1.9M | −12.56% |
| Q2 2025 | 2025-06-30 | $13.7M | −$1.1M | −7.25% |
| Q1 2025 | 2025-03-31 | $13.0M | −$826,000 | −5.99% |
| Q4 2024 | 2024-12-31 | $14.0M | −$1.6M | −10.37% |
| Q3 2024 | 2024-09-30 | $14.8M | $3.0M | +25.59% |
| Q2 2024 | 2024-06-30 | $14.7M | $2.7M | +22.58% |
| Q1 2024 | 2024-03-31 | $13.8M | $1.5M | +12.29% |
| Q4 2023 | 2023-12-31 | $15.6M | $2.7M | +20.79% |
| Q3 2023 | 2023-09-30 | $11.8M | −$816,223 | −6.48% |
| Q2 2023 | 2023-06-30 | $12.0M | $2.1M | +21.71% |
| Q1 2023 | 2023-03-31 | $12.3M | $3.6M | +41.20% |
| Q4 2022 | 2022-12-31 | $12.9M | $2.9M | +29.14% |
| Q3 2022 | 2022-09-30 | $12.6M | $4.8M | +61.57% |
| Q2 2022 | 2022-06-30 | $9.9M | $3.1M | +45.41% |
| Q1 2022 | 2022-03-31 | $8.7M | $5.7M | +193.81% |
| Q4 2021 | 2021-12-31 | $10.0M | −$5.4M | −35.08% |
| Q3 2021 | 2021-09-30 | $7.8M | $4.6M | +144.88% |
| Q2 2021 | 2021-06-30 | $6.8M | $3.3M | +97.18% |
| Q1 2021 | 2021-03-31 | $3.0M | −$287,425 | −8.85% |
| Q4 2020 | 2020-12-31 | $15.4M | $11.6M | +298.89% |
| Q3 2020 | 2020-09-30 | $3.2M | $193,988 | +6.49% |
| Q2 2020 | 2020-06-30 | $3.4M | −$898,457 | −20.70% |
| Q1 2020 | 2020-03-31 | $3.2M | $2.4M | +301.07% |
| Q4 2019 | 2019-12-31 | $3.9M | $3.2M | +446.27% |
| Q3 2019 | 2019-09-30 | $3.0M | $2.8M | +1167.81% |
| Q2 2019 | 2019-06-30 | $4.3M | $4.1M | +1962.99% |
| Q1 2019 | 2019-03-31 | $809,410 | $582,733 | +257.08% |
| Q4 2018 | 2018-12-31 | $708,505 | $115,696 | +19.52% |
| Q3 2018 | 2018-09-30 | $235,819 | $184,569 | +360.13% |
| Q2 2018 | 2018-06-30 | $210,402 | $183,476 | +681.41% |
| Q1 2018 | 2018-03-31 | $226,677 | $140,593 | +163.32% |
| Q4 2017 | 2017-12-31 | $592,809 | $376,632 | +174.22% |
| Q3 2017 | 2017-09-30 | $51,250 | $32,391 | +171.75% |
| Q2 2017 | 2017-06-30 | $26,926 | −$59,278 | −68.76% |
| Q1 2017 | 2017-03-31 | $86,084 | $29,246 | +51.46% |
| Q4 2016 | 2016-12-31 | $216,177 | $178,909 | +480.06% |
| Q3 2016 | 2016-09-30 | $18,859 | −$21,361 | −53.11% |
| Q2 2016 | 2016-06-30 | $86,204 | $50,498 | +141.43% |
| Q1 2016 | 2016-03-31 | $56,838 | −$4,892 | −7.92% |
| Q4 2015 | 2015-12-31 | $37,268 | −$7,942 | −17.57% |
| Q3 2015 | 2015-09-30 | $40,220 | −$37,048 | −47.95% |
| Q2 2015 | 2015-06-30 | $35,706 | $2,472 | +7.44% |
| Q1 2015 | 2015-03-31 | $61,730 | −$4,521 | −6.82% |
| Q4 2014 | 2014-12-31 | $45,210 | — | — |
| Q3 2014 | 2014-09-30 | $77,268 | — | — |
| Q2 2014 | 2014-06-30 | $33,234 | $31,144 | +1490.14% |
| Q1 2014 | 2014-03-31 | $66,251 | $61,153 | +1199.55% |
| Q2 2013 | 2013-06-30 | $2,090 | — | — |
| Q1 2013 | 2013-03-31 | $5,098 | — | — |
| Q3 2012 | 2012-09-30 | $12,083 | −$3,469 | −22.31% |
| Q3 2011 | 2011-09-30 | $15,552 | — | — |
Empire Petroleum operating expenses trends
Over the last five fiscal years, Empire Petroleum's operating expenses increased from $25.3M to $105.5M, a change of $80.2M. The latest reported quarter, Q2 2026, shows $11.0M.
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 Empire Petroleum source filings ↗