Laredo Oil annual operating expenses
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Laredo Oil Operating Expenses Growth & History (LRDC)
Laredo Oil's operating expenses was $3.3M for fiscal 2025.
View full Laredo Oil company overviewLaredo Oil annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-05-31 | $3.3M | −$94,856 | −2.77% |
| 2024 | 2024-05-31 | $3.4M | $656,424 | +23.70% |
| 2023 | 2023-05-31 | $2.8M | $1.2M | +75.33% |
| 2022 | 2022-05-31 | $1.6M | $1.1M | +216.44% |
| 2021 | 2021-05-31 | $499,332 | $192,284 | +62.62% |
| 2020 | 2020-05-31 | $307,048 | −$1,461 | −0.47% |
| 2019 | 2019-05-31 | $308,509 | −$186,800 | −37.71% |
| 2018 | 2018-05-31 | $495,309 | −$160,725 | −24.50% |
| 2017 | 2017-05-31 | $656,034 | −$224,020 | −25.46% |
| 2016 | 2016-05-31 | $880,054 | −$162,689 | −15.60% |
| 2015 | 2015-05-31 | $1.0M | $104,411 | +11.13% |
| 2014 | 2014-05-31 | $938,332 | $89,007 | +10.48% |
| 2013 | 2013-05-31 | $849,325 | −$4.6M | −84.46% |
| 2012 | 2012-05-31 | $5.5M | $4.2M | +346.69% |
| 2011 | 2011-05-31 | $1.2M | — | — |
Laredo Oil quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-02-28 | $1.1M | $458,815 | +75.23% |
| Q2 2026 | 2025-11-30 | $3.0M | $2.3M | +321.71% |
| Q1 2026 | 2025-08-31 | $693,261 | $22,902 | +3.42% |
| Q4 2025 | 2025-05-31 | $1.3M | $706,184 | +109.99% |
| Q3 2025 | 2025-02-28 | $609,866 | $46,558 | +8.27% |
| Q2 2025 | 2024-11-30 | $703,394 | −$168,378 | −19.31% |
| Q1 2025 | 2024-08-31 | $670,359 | −$679,220 | −50.33% |
| Q4 2024 | 2024-05-31 | $642,050 | $14,588 | +2.32% |
| Q3 2024 | 2024-02-29 | $563,308 | −$26,862 | −4.55% |
| Q2 2024 | 2023-11-30 | $871,772 | $246,852 | +39.50% |
| Q1 2024 | 2023-08-31 | $1.3M | $421,846 | +45.47% |
| Q4 2023 | 2023-05-31 | $627,462 | −$421,025 | −40.16% |
| Q3 2023 | 2023-02-28 | $590,170 | $439,019 | +290.45% |
| Q2 2023 | 2022-11-30 | $624,920 | $409,444 | +190.02% |
| Q1 2023 | 2022-08-31 | $927,733 | $762,778 | +462.42% |
| Q4 2022 | 2022-05-31 | $1.0M | $925,469 | +752.30% |
| Q3 2022 | 2022-02-28 | $151,151 | $49,014 | +47.99% |
| Q2 2022 | 2021-11-30 | $215,476 | $81,054 | +60.30% |
| Q1 2022 | 2021-08-31 | $164,955 | $25,200 | +18.03% |
| Q4 2021 | 2021-05-31 | $123,018 | $36,669 | +42.47% |
| Q3 2021 | 2021-02-28 | $102,137 | $20,243 | +24.72% |
| Q2 2021 | 2020-11-30 | $134,422 | $88,100 | +190.19% |
| Q1 2021 | 2020-08-31 | $139,755 | $47,272 | +51.11% |
| Q4 2020 | 2020-05-31 | $86,349 | $24,999 | +40.75% |
| Q3 2020 | 2020-02-29 | $81,894 | $8,504 | +11.59% |
| Q2 2020 | 2019-11-30 | $46,322 | −$10,983 | −19.17% |
| Q1 2020 | 2019-08-31 | $92,483 | −$23,981 | −20.59% |
| Q4 2019 | 2019-05-31 | $61,350 | −$27,736 | −31.13% |
| Q3 2019 | 2019-02-28 | $73,390 | −$50,923 | −40.96% |
| Q2 2019 | 2018-11-30 | $57,305 | −$100,281 | −63.64% |
| Q1 2019 | 2018-08-31 | $116,464 | −$7,860 | −6.32% |
| Q4 2018 | 2018-05-31 | $89,086 | −$48,318 | −35.16% |
| Q3 2018 | 2018-02-28 | $124,313 | −$10,975 | −8.11% |
| Q2 2018 | 2017-11-30 | $157,586 | −$4,907 | −3.02% |
| Q1 2018 | 2017-08-31 | $124,324 | −$96,525 | −43.71% |
| Q4 2017 | 2017-05-31 | $137,404 | −$67,740 | −33.02% |
| Q3 2017 | 2017-02-28 | $135,288 | −$79,573 | −37.03% |
| Q2 2017 | 2016-11-30 | $162,493 | −$71,769 | −30.64% |
| Q1 2017 | 2016-08-31 | $220,849 | −$4,938 | −2.19% |
| Q4 2016 | 2016-05-31 | $205,144 | $7,982 | +4.05% |
| Q3 2016 | 2016-02-29 | $214,861 | −$35,038 | −14.02% |
| Q2 2016 | 2015-11-30 | $234,262 | −$51,922 | −18.14% |
| Q1 2016 | 2015-08-31 | $225,787 | −$83,711 | −27.05% |
| Q4 2015 | 2015-05-31 | $197,162 | −$53,765 | −21.43% |
| Q3 2015 | 2015-02-28 | $249,899 | −$23,604 | −8.63% |
| Q2 2015 | 2014-11-30 | $286,184 | $87,676 | +44.17% |
| Q1 2015 | 2014-08-31 | $309,498 | $94,104 | +43.69% |
| Q4 2014 | 2014-05-31 | $250,927 | $41,833 | +20.01% |
| Q3 2014 | 2014-02-28 | $273,503 | $78,186 | +40.03% |
| Q2 2014 | 2013-11-30 | $198,508 | −$21,729 | −9.87% |
| Q1 2014 | 2013-08-31 | $215,394 | −$9,283 | −4.13% |
| Q4 2013 | 2013-05-31 | $209,094 | $53,941 | +34.77% |
| Q3 2013 | 2013-02-28 | $195,317 | $67,046 | +52.27% |
| Q2 2013 | 2012-11-30 | $220,237 | $141,918 | +181.21% |
| Q1 2013 | 2012-08-31 | $224,677 | −$4.9M | −95.60% |
| Q4 2012 | 2012-05-31 | $155,153 | −$165,063 | −51.55% |
| Q3 2012 | 2012-02-29 | $128,271 | −$73,446 | −36.41% |
| Q2 2012 | 2011-11-30 | $78,319 | −$110,946 | −58.62% |
| Q1 2012 | 2011-08-31 | $5.1M | $4.6M | +896.08% |
| Q4 2011 | 2011-05-31 | $320,216 | — | — |
| Q3 2011 | 2011-02-28 | $201,717 | — | — |
| Q2 2011 | 2010-11-30 | $189,265 | — | — |
| Q1 2011 | 2010-08-31 | $512,407 | — | — |
Laredo Oil operating expenses trends
Over the last five fiscal years, Laredo Oil's operating expenses increased from $307,048 to $3.3M, a change of $3.0M. The latest reported quarter, Q3 2026, shows $1.1M.
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 Laredo Oil source filings ↗