Tennessee Valley Authority annual operating expenses
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Tennessee Valley Authority Operating Expenses Growth & History (TVE)
Tennessee Valley Authority's operating expenses was $11.10B for fiscal 2025.
View full Tennessee Valley Authority company overviewTennessee Valley Authority annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $11.10B | $1.02B | +10.08% |
| 2024 | 2024-09-30 | $10.09B | −$274.0M | −2.64% |
| 2023 | 2023-09-30 | $10.36B | $231.0M | +2.28% |
| 2022 | 2022-09-30 | $10.13B | $2.47B | +32.27% |
| 2021 | 2021-09-30 | $7.66B | $120.0M | +1.59% |
| 2020 | 2020-09-30 | $7.54B | −$969.0M | −11.39% |
| 2019 | 2019-09-30 | $8.51B | −$158.0M | −1.82% |
| 2018 | 2018-09-30 | $8.66B | $659.0M | +8.23% |
| 2017 | 2017-09-30 | $8.01B | −$284.0M | −3.43% |
| 2016 | 2016-09-30 | $8.29B | −$498.0M | −5.67% |
| 2015 | 2015-09-30 | $8.79B | −$760.0M | −7.96% |
| 2014 | 2014-09-30 | $9.55B | $45.0M | +0.47% |
| 2013 | 2013-09-30 | $9.50B | −$417.0M | −4.20% |
| 2012 | 2012-09-30 | $9.92B | −$484.0M | −4.65% |
| 2011 | 2011-09-30 | $10.40B | $1.77B | +20.53% |
| 2010 | 2010-09-30 | $8.63B | −$650.0M | −7.00% |
| 2009 | 2009-09-30 | $9.28B | — | — |
Tennessee Valley Authority quarterly operating expenses
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Q3.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $2.83B | $42.0M | +1.51% |
| Q2 2026 | 2026-03-31 | $2.83B | $16.0M | +0.57% |
| Q1 2026 | 2025-12-31 | $2.50B | −$10.0M | −0.40% |
| Q4 2025 | 2025-09-30 | $2.99B | $274.0M | +10.08% |
| Q3 2025 | 2025-06-30 | $2.79B | $369.0M | +15.25% |
| Q2 2025 | 2025-03-31 | $2.82B | $243.0M | +9.44% |
| Q1 2025 | 2024-12-31 | $2.51B | $131.0M | +5.51% |
| Q4 2024 | 2024-09-30 | $2.72B | $48.0M | +1.80% |
| Q3 2024 | 2024-06-30 | $2.42B | −$41.0M | −1.67% |
| Q2 2024 | 2024-03-31 | $2.57B | −$40.0M | −1.53% |
| Q1 2024 | 2023-12-31 | $2.38B | −$241.0M | −9.21% |
| Q4 2023 | 2023-09-30 | $2.67B | −$473.0M | −15.05% |
| Q3 2023 | 2023-06-30 | $2.46B | $81.0M | +3.40% |
| Q2 2023 | 2023-03-31 | $2.61B | $264.0M | +11.24% |
| Q1 2023 | 2022-12-31 | $2.62B | $359.0M | +15.90% |
| Q4 2022 | 2022-09-30 | $3.14B | $997.0M | +46.48% |
| Q3 2022 | 2022-06-30 | $2.38B | $443.0M | +22.87% |
| Q2 2022 | 2022-03-31 | $2.35B | $562.0M | +31.45% |
| Q1 2022 | 2021-12-31 | $2.26B | $469.0M | +26.22% |
| Q4 2021 | 2021-09-30 | $2.15B | $283.0M | +15.20% |
| Q3 2021 | 2021-06-30 | $1.94B | $221.0M | +12.88% |
| Q2 2021 | 2021-03-31 | $1.79B | −$127.0M | −6.64% |
| Q1 2021 | 2020-12-31 | $1.79B | −$257.0M | −12.56% |
| Q4 2020 | 2020-09-30 | $1.86B | −$439.0M | −19.08% |
| Q3 2020 | 2020-06-30 | $1.72B | −$372.0M | −17.82% |
| Q2 2020 | 2020-03-31 | $1.91B | −$244.0M | −11.31% |
| Q1 2020 | 2019-12-31 | $2.05B | $86.0M | +4.39% |
| Q4 2019 | 2019-09-30 | $2.30B | −$444.0M | −16.17% |
| Q3 2019 | 2019-06-30 | $2.09B | $146.0M | +7.52% |
| Q2 2019 | 2019-03-31 | $2.16B | $131.0M | +6.46% |
| Q1 2019 | 2018-12-31 | $1.96B | $9.0M | +0.46% |
| Q4 2018 | 2018-09-30 | $2.75B | $121.0M | +4.61% |
| Q3 2018 | 2018-06-30 | $1.94B | −$68.0M | −3.38% |
| Q2 2018 | 2018-03-31 | $2.03B | $14.0M | +0.70% |
| Q1 2018 | 2017-12-31 | $1.95B | −$166.0M | −7.84% |
| Q4 2017 | 2017-09-30 | $2.62B | $281.0M | +11.99% |
| Q3 2017 | 2017-06-30 | $2.01B | $97.0M | +5.07% |
| Q2 2017 | 2017-03-31 | $2.01B | $31.0M | +1.56% |
| Q1 2017 | 2016-12-31 | $2.12B | $65.0M | +3.17% |
| Q4 2016 | 2016-09-30 | $2.34B | −$59.0M | −2.46% |
| Q3 2016 | 2016-06-30 | $1.91B | −$339.0M | −15.05% |
| Q2 2016 | 2016-03-31 | $1.98B | −$105.0M | −5.03% |
| Q1 2016 | 2015-12-31 | $2.05B | $5.0M | +0.24% |
| Q4 2015 | 2015-09-30 | $2.40B | −$167.0M | −6.50% |
| Q3 2015 | 2015-06-30 | $2.25B | −$201.0M | −8.19% |
| Q2 2015 | 2015-03-31 | $2.09B | −$275.0M | −11.64% |
| Q1 2015 | 2014-12-31 | $2.05B | −$117.0M | −5.41% |
| Q4 2014 | 2014-09-30 | $2.57B | $293.0M | +12.87% |
| Q3 2014 | 2014-06-30 | $2.45B | $129.0M | +5.55% |
| Q2 2014 | 2014-03-31 | $2.36B | −$18.0M | −0.76% |
| Q1 2014 | 2013-12-31 | $2.16B | −$359.0M | −14.23% |
| Q4 2013 | 2013-09-30 | $2.28B | −$356.0M | −13.53% |
| Q3 2013 | 2013-06-30 | $2.32B | −$175.0M | −7.00% |
| Q2 2013 | 2013-03-31 | $2.38B | $22.0M | +0.93% |
| Q1 2013 | 2012-12-31 | $2.52B | $92.0M | +3.78% |
| Q4 2012 | 2012-09-30 | $2.63B | −$238.0M | −8.29% |
| Q3 2012 | 2012-06-30 | $2.50B | −$76.0M | −2.95% |
| Q2 2012 | 2012-03-31 | $2.36B | −$43.0M | −1.79% |
| Q1 2012 | 2011-12-31 | $2.43B | −$127.0M | −4.96% |
| Q4 2011 | 2011-09-30 | $2.87B | — | — |
| Q3 2011 | 2011-06-30 | $2.58B | $502.0M | +24.22% |
| Q2 2011 | 2011-03-31 | $2.40B | — | — |
| Q1 2011 | 2010-12-31 | $2.56B | — | — |
| Q3 2010 | 2010-06-30 | $2.07B | — | — |
Tennessee Valley Authority operating expenses trends
Over the last five fiscal years, Tennessee Valley Authority's operating expenses increased from $7.54B to $11.10B, a change of $3.56B. The latest reported quarter, Q3 2026, shows $2.83B.
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 Tennessee Valley Authority source filings ↗