Pedevco Operating Expenses Growth & History (PED)
Pedevco's operating expenses was $54.8M for fiscal 2025.
View full Pedevco company overviewPedevco annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $54.8M | $20.1M | +57.72% |
| 2024 | 2024-12-31 | $34.8M | $9.5M | +37.51% |
| 2023 | 2023-12-31 | $25.3M | −$2.1M | −7.75% |
| 2022 | 2022-12-31 | $27.4M | $7.9M | +40.30% |
| 2021 | 2021-12-31 | $19.5M | −$22.3M | −53.36% |
| 2020 | 2020-12-31 | $41.9M | $17.6M | +72.78% |
| 2019 | 2019-12-31 | $24.2M | $10.7M | +79.19% |
| 2018 | 2018-12-31 | $13.5M | −$13.1M | −49.11% |
| 2017 | 2017-12-31 | $26.6M | $17.0M | +176.10% |
| 2016 | 2016-12-31 | $9.6M | −$6.3M | −39.73% |
| 2015 | 2015-12-31 | $16.0M | −$2.1M | −11.75% |
| 2014 | 2014-12-31 | $18.1M | $6.6M | +56.77% |
| 2013 | 2013-12-31 | $11.5M | $263,901 | +2.34% |
| 2012 | 2012-12-31 | $11.3M | $10.6M | +1471.78% |
| 2011 | 2011-12-31 | $717,792 | −$705,141 | −49.56% |
| 2010 | 2010-12-31 | $1.4M | — | — |
Pedevco quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $30.8M | $21.9M | +247.75% |
| Q1 2026 | 2026-03-31 | $33.5M | $24.9M | +290.39% |
| Q4 2025 | 2025-12-31 | $29.6M | $18.5M | +166.00% |
| Q3 2025 | 2025-09-30 | $7.8M | $841,000 | +12.09% |
| Q2 2025 | 2025-06-30 | $8.9M | −$314,000 | −3.42% |
| Q1 2025 | 2025-03-31 | $8.6M | $1.1M | +14.31% |
| Q4 2024 | 2024-12-31 | $11.1M | $5.9M | +113.47% |
| Q3 2024 | 2024-09-30 | $7.0M | $480,000 | +7.41% |
| Q2 2024 | 2024-06-30 | $9.2M | $2.1M | +29.93% |
| Q1 2024 | 2024-03-31 | $7.5M | $976,000 | +14.93% |
| Q4 2023 | 2023-12-31 | $5.2M | −$3.6M | −40.75% |
| Q3 2023 | 2023-09-30 | $6.5M | $23,000 | +0.36% |
| Q2 2023 | 2023-06-30 | $7.1M | $734,000 | +11.60% |
| Q1 2023 | 2023-03-31 | $6.5M | $701,000 | +12.02% |
| Q4 2022 | 2022-12-31 | $8.8M | $2.7M | +44.03% |
| Q3 2022 | 2022-09-30 | $6.5M | $2.0M | +45.75% |
| Q2 2022 | 2022-06-30 | $6.3M | $1.9M | +44.20% |
| Q1 2022 | 2022-03-31 | $5.8M | $1.2M | +26.44% |
| Q4 2021 | 2021-12-31 | $6.1M | −$19.3M | −75.94% |
| Q3 2021 | 2021-09-30 | $4.4M | −$884,000 | −16.65% |
| Q2 2021 | 2021-06-30 | $4.4M | $303,000 | +7.42% |
| Q1 2021 | 2021-03-31 | $4.6M | −$2.5M | −35.12% |
| Q4 2020 | 2020-12-31 | $25.4M | $19.3M | +315.30% |
| Q3 2020 | 2020-09-30 | $5.3M | −$1.7M | −24.53% |
| Q2 2020 | 2020-06-30 | $4.1M | −$2.5M | −37.52% |
| Q1 2020 | 2020-03-31 | $7.1M | $2.6M | +56.07% |
| Q4 2019 | 2019-12-31 | $6.1M | −$518,000 | −7.82% |
| Q3 2019 | 2019-09-30 | $7.0M | $3.5M | +101.32% |
| Q2 2019 | 2019-06-30 | $6.5M | $4.8M | +270.94% |
| Q1 2019 | 2019-03-31 | $4.6M | $2.9M | +177.53% |
| Q4 2018 | 2018-12-31 | $6.6M | −$14.1M | −67.97% |
| Q3 2018 | 2018-09-30 | $3.5M | $1.4M | +65.33% |
| Q2 2018 | 2018-06-30 | $1.8M | −$202,000 | −10.29% |
| Q1 2018 | 2018-03-31 | $1.6M | −$168,000 | −9.28% |
| Q4 2017 | 2017-12-31 | $20.7M | $16.8M | +435.45% |
| Q3 2017 | 2017-09-30 | $2.1M | $470,000 | +28.59% |
| Q2 2017 | 2017-06-30 | $2.0M | $919,000 | +87.94% |
| Q1 2017 | 2017-03-31 | $1.8M | −$1.3M | −41.12% |
| Q4 2016 | 2016-12-31 | $3.9M | $405,000 | +11.71% |
| Q3 2016 | 2016-09-30 | $1.6M | −$1.5M | −47.32% |
| Q2 2016 | 2016-06-30 | $1.0M | −$2.8M | −73.10% |
| Q1 2016 | 2016-03-31 | $3.1M | −$2.4M | −44.20% |
| Q4 2015 | 2015-12-31 | $3.5M | −$4.7M | −57.64% |
| Q3 2015 | 2015-09-30 | $3.1M | $135,000 | +4.52% |
| Q2 2015 | 2015-06-30 | $3.9M | $418,000 | +12.06% |
| Q1 2015 | 2015-03-31 | $5.5M | $2.0M | +58.30% |
| Q4 2014 | 2014-12-31 | $8.2M | $1.9M | +29.39% |
| Q3 2014 | 2014-09-30 | $3.0M | $1.0M | +52.94% |
| Q2 2014 | 2014-06-30 | $3.5M | $1.7M | +100.63% |
| Q1 2014 | 2014-03-31 | $3.5M | $1.9M | +124.10% |
| Q4 2013 | 2013-12-31 | $6.3M | $4.3M | +221.20% |
| Q3 2013 | 2013-09-30 | $2.0M | −$6.2M | −76.08% |
| Q2 2013 | 2013-06-30 | $1.7M | $1.2M | +233.31% |
| Q1 2013 | 2013-03-31 | $1.6M | $918,105 | +144.64% |
| Q4 2012 | 2012-12-31 | $2.0M | — | — |
| Q3 2012 | 2012-09-30 | $8.2M | $8.0M | +3806.27% |
| Q2 2012 | 2012-06-30 | $518,455 | $211,808 | +69.07% |
| Q1 2012 | 2012-03-31 | $634,752 | $173,322 | +37.56% |
| Q3 2011 | 2011-09-30 | $208,986 | $5,999 | +2.96% |
| Q2 2011 | 2011-06-30 | $306,647 | $121,303 | +65.45% |
| Q1 2011 | 2011-03-31 | $461,430 | — | — |
| Q3 2010 | 2010-09-30 | $202,987 | — | — |
| Q2 2010 | 2010-06-30 | $185,344 | — | — |
Pedevco operating expenses trends
Over the last five fiscal years, Pedevco's operating expenses increased from $41.9M to $54.8M, a change of $12.9M. The latest reported quarter, Q2 2026, shows $30.8M.
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 Pedevco source filings ↗