Sable Offshore Operating Expenses Growth & History (SOC)
Sable Offshore's operating expenses was $408.3M for fiscal 2025.
View full Sable Offshore company overviewSable Offshore annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $408.3M | $81.5M | +24.95% |
| 2024 | 2024-12-31 | $326.8M | $232.3M | +245.86% |
| 2023 | 2023-12-31 | $94.5M | $88.3M | +1436.11% |
| 2022 | 2022-12-31 | $6.2M | $4.5M | +265.47% |
| 2021 | 2021-12-31 | $1.7M | — | — |
Sable Offshore quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $204.0M | $75.1M | +58.29% |
| Q1 2026 | 2026-03-31 | $120.0M | $60.2M | +100.72% |
| Q4 2025 | 2025-12-31 | $100.2M | — | — |
| Q3 2025 | 2025-09-30 | $119.4M | $64.8M | +118.61% |
| Q2 2025 | 2025-06-30 | $128.9M | $66.7M | +107.10% |
| Q1 2025 | 2025-03-31 | $59.8M | — | — |
| Q3 2024 | 2024-09-30 | $54.6M | $32.1M | +142.33% |
| Q2 2024 | 2024-06-30 | $62.2M | $39.9M | +178.89% |
| Q3 2023 | 2023-09-30 | $22.5M | — | — |
| Q2 2023 | 2023-06-30 | $22.3M | — | — |
Sable Offshore operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Sable Offshore's operating expenses increased from $1.7M to $408.3M, a change of $406.6M. The latest reported quarter, Q2 2026, shows $204.0M.
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 Sable Offshore source filings ↗