Operating Expenses

Total Operating Expenses

American Electric Power Total Operating Expenses increased by 11.5% to $4.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $4.18B to $4.66B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$3.02B$3.52B$3.38B$3.60B$3.64B$4.60B$3.99B$4.18B$4.66B
QoQ Change+16.5%-3.9%+6.7%+0.9%+26.4%-13.2%+4.8%+11.5%
YoY Change+20.5%+30.7%-13.2%+11.5%
Range$3.02B$4.66B
CAGR+24.3%
Avg YoY Growth+12.4%
Median YoY Growth+16.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is American Electric Power's total operating expenses?
American Electric Power (AEP) reported total operating expenses of $4.66B in Q1 2026.
How has American Electric Power's total operating expenses changed year-over-year?
American Electric Power's total operating expenses increased by 11.5% year-over-year, from $4.18B to $4.66B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.