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
DateValue
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