TickerStat.comwe like data

National Grid Operating Expenses Growth & History (NG.)

National Grid's operating expenses was £12.74B for fiscal 2026.

View full National Grid company overview

National Grid annual operating expenses history

National Grid annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20262026-03-31£12.74B−£699.0M−5.20%
20252025-03-31£13.44B−£1.94B−12.63%
20242024-03-31£15.39B−£2.38B−13.41%
20232023-03-31£17.77B£3.46B+24.21%
20222022-03-31£14.31B£2.42B+20.38%
20212021-03-31£11.88B£124.0M+1.05%
20202020-03-31£11.76B−£303.0M−2.51%
20192019-03-31£12.06B£306.0M+2.60%
20182018-03-31£11.76B−£70.0M−0.59%
20172017-03-31£11.83B£1.84B+18.42%
20162016-03-31£9.99B——

National Grid operating expenses trends

Over the last five fiscal years, National Grid's operating expenses increased from £11.88B to £12.74B, a change of £861.0M.

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 National Grid source filings ↗

Community posts

View community