Ultrapar Holdings Operating Expenses Growth & History (UGP)
Ultrapar Holdings's operating expenses was R$4.51B for fiscal 2025.
View full Ultrapar Holdings company overviewUltrapar Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | R$4.51B | −R$290.9M | −6.07% |
| 2024 | 2024-12-31 | R$4.80B | −R$168.8M | −3.40% |
| 2023 | 2023-12-31 | R$4.97B | R$770.0M | +18.35% |
| 2022 | 2022-12-31 | R$4.20B | — | — |
| 2017 | 2017-12-31 | R$6.74B | R$395.1M | +6.23% |
| 2016 | 2016-12-31 | R$6.34B | −R$326.9M | −4.90% |
| 2015 | 2015-12-31 | R$6.67B | — | — |
Ultrapar Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | R$1.47B | R$736.2M | +99.77% |
| Q1 2026 | 2026-03-31 | R$1.35B | R$118.9M | +9.65% |
| Q4 2025 | 2025-12-31 | R$1.46B | — | — |
| Q3 2025 | 2025-09-30 | R$1.05B | — | — |
| Q2 2025 | 2025-06-30 | R$737.9M | — | — |
| Q1 2025 | 2025-03-31 | R$1.23B | — | — |
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.
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 Ultrapar Holdings source filings ↗