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 2026

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

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 day-to-day business, excluding the direct cost of making products.