Ultrapar Holdings Operating Expenses Growth & History (UGP)

Ultrapar Holdings's operating expenses was R$4.51B for fiscal 2025.

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Ultrapar Holdings annual operating expenses history

Ultrapar Holdings annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31R$4.51B−R$290.9M−6.07%
20242024-12-31R$4.80B−R$168.8M−3.40%
20232023-12-31R$4.97BR$770.0M+18.35%
20222022-12-31R$4.20B
20172017-12-31R$6.74BR$395.1M+6.23%
20162016-12-31R$6.34B−R$326.9M−4.90%
20152015-12-31R$6.67B

Ultrapar Holdings operating expenses trends

Between the periods ended 2015-12-31 and 2025-12-31, Ultrapar Holdings's operating expenses decreased from R$6.67B to R$4.51B, a change of −R$2.17B. The latest reported quarter, Q2 2026, shows R$1.47B.

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.

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