Operating Expenses

Total Operating Expenses

Duke Energy Total Operating Expenses decreased by 3.7% to $5.69B in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $5.47B to $5.69B. Over 3 years (FY 2021 to FY 2024), Total Operating Expenses shows an upward trend with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

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: is_total_operating_expenses

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25
Value$4.59B$5.27B$5.17B$5.86B$5.28B$5.95B$5.69B$5.61B$5.18B$5.89B$5.36B$5.72B$5.47B$6.02B$5.25B$5.91B$5.69B
QoQ Change+14.9%-1.9%+13.2%-9.8%+12.7%-4.3%-1.5%-7.7%+13.7%-9.0%+6.7%-4.4%+10.0%-12.8%+12.6%-3.7%
YoY Change+15.0%+12.8%+10.1%-4.2%-1.9%-1.0%-5.8%+2.0%+5.6%+2.1%-2.1%+3.4%+4.0%
Range$4.59B$6.02B
CAGR+5.5%
Avg YoY Growth+3.1%
Median YoY Growth+2.1%

Frequently Asked Questions

What is Duke Energy's total operating expenses?
Duke Energy (DUK) reported total operating expenses of $5.69B in Q2 2025.
How has Duke Energy's total operating expenses changed year-over-year?
Duke Energy's total operating expenses increased by 4.0% year-over-year, from $5.47B to $5.69B.
What is the long-term trend for Duke Energy's total operating expenses?
Over 3 years (2021 to 2024), Duke Energy's total operating expenses has grown at a 4.4% compound annual growth rate (CAGR), from $19.74B to $22.46B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.