HighPeak Energy Operating Expenses Growth & History (HPK)
HighPeak Energy's operating expenses was $710.5M for fiscal 2025.
View full HighPeak Energy company overviewHighPeak Energy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $710.5M | −$65.4M | −8.43% |
| 2024 | 2024-12-31 | $776.0M | $727.7M | +1506.20% |
| 2023 | 2023-12-31 | $48.3M | −$284.8M | −85.50% |
| 2022 | 2022-12-31 | $333.1M | $214.8M | +181.65% |
| 2021 | 2021-12-31 | $118.3M | — | — |
| 2019 | 2019-12-31 | $19.7M | — | — |
HighPeak Energy quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.6M | $5.5M | +77.12% |
| Q1 2026 | 2026-03-31 | $179.8M | −$2.1M | −1.16% |
| Q4 2025 | 2025-12-31 | $17.4M | — | — |
| Q3 2025 | 2025-09-30 | $156.0M | — | — |
| Q2 2025 | 2025-06-30 | $7.1M | — | — |
| Q1 2025 | 2025-03-31 | $181.9M | −$2.8M | −1.52% |
| Q1 2024 | 2024-03-31 | $184.7M | $49.5M | +36.64% |
| Q3 2023 | 2023-09-30 | $198.9M | $113.1M | +131.83% |
| Q1 2023 | 2023-03-31 | $135.2M | $97.6M | +259.07% |
| Q4 2022 | 2022-12-31 | $131.0M | $85.3M | +186.57% |
| Q3 2022 | 2022-09-30 | $85.8M | $60.3M | +236.31% |
| Q2 2022 | 2022-06-30 | $78.6M | $51.4M | +188.72% |
| Q1 2022 | 2022-03-31 | $37.7M | $17.9M | +90.13% |
| Q4 2021 | 2021-12-31 | $45.7M | — | — |
| Q3 2021 · Sep 30 | 2021-09-30 | $25.5M | — | — |
| Q2 2021 | 2021-06-30 | $27.2M | $22.1M | +434.90% |
| Q1 2021 | 2021-03-31 | $19.8M | $10.9M | +121.26% |
| Q2 2020 | 2020-06-30 | $5.1M | — | — |
| Q1 2020 | 2020-03-31 | $9.0M | — | — |
| Q3 2019 | 2019-09-30 | $2.5M | — | — |
HighPeak Energy operating expenses trends
Between the periods ended 2019-12-31 and 2025-12-31, HighPeak Energy's operating expenses increased from $19.7M to $710.5M, a change of $690.8M. The latest reported quarter, Q2 2026, shows $12.6M.
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 HighPeak Energy source filings ↗