Enerflex (EFXT) Operating Expenses (2021 - 2025)
Enerflex's (EFXT) quarterly Operating Expenses came in at -$76.0 million in Q4 2025, down 215.42% year-on-year from $65.9 million in Q4 2024, and down 247.33% quarter-over-quarter from $51.6 million in Q3 2025.
Enerflex (EFXT) Operating Expenses (2021 - 2025) Analysis & Trends
Enerflex has disclosed Operating Expenses across 5 years of filings, most recently posting -$76.0 million for Q4 2025.
- Operating Expenses for Q4 2025 came in at -$76.0 million, down 215.42% year-over-year; the trailing twelve-month figure through Dec 2025 was $59.3 million (down 75.14% YoY), and the FY2025 annual result was $272.0 million, up 16.2% from the prior year.
- Operating Expenses came in at -$76.0 million for Q4 2025 at Enerflex, down from $51.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $157.0 million in Q4 2022 to a low of -$76.0 million in Q4 2025.
- The 5-year median for Operating Expenses is $50.4 million (2023), against an average of $50.0 million.
- Across the five-year window, Operating Expenses soared 343.43% in 2022 and plunged 215.42% in 2025, its largest moves.
- Enerflex's Operating Expenses stood at $35.4 million in 2021, then jumped by 343.43% to $157.0 million in 2022, then sank by 35.03% to $102.0 million in 2023, then plunged by 35.43% to $65.9 million in 2024, then tumbled by 215.42% to -$76.0 million in 2025.
- The last three Operating Expenses figures came in at -$76.0 million (Q4 2025), $51.6 million (Q3 2025), and $44.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 261.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 732.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 4.72 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.14 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -76.01 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 9.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.03 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 45.83 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 998.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -76.01 Mn |
| Sep 30, 2025 | 51.59 Mn |
| Jun 30, 2025 | 44.02 Mn |
| Mar 31, 2025 | 39.72 Mn |
| Dec 31, 2024 | 65.86 Mn |
| Sep 30, 2024 | 60.11 Mn |
| Jun 30, 2024 | 54.84 Mn |
| Mar 31, 2024 | 57.88 Mn |
| Dec 31, 2023 | 102.00 Mn |
| Sep 30, 2023 | 55.94 Mn |
| Jun 30, 2023 | 49.13 Mn |
| Mar 31, 2023 | 57.70 Mn |
| Dec 31, 2022 | 157.00 Mn |
| Sep 30, 2022 | 42.25 Mn |
| Jun 30, 2022 | 34.00 Mn |
| Mar 31, 2022 | 36.95 Mn |
| Dec 31, 2021 | 35.41 Mn |
| Sep 30, 2021 | 32.34 Mn |