NCS Multistage Holdings (NCSM) Operating Expenses (2016 - 2026)
NCS Multistage Holdings' (NCSM) quarterly Operating Expenses came in at $16.8 million in Q1 2026, down 2.61% year-on-year from $17.3 million in Q1 2025, and up 9.78% quarter-over-quarter from $15.3 million in Q4 2025.
NCS Multistage Holdings (NCSM) Operating Expenses (2016 - 2026) Analysis & Trends
NCS Multistage Holdings' Operating Expenses history runs 11 years deep, the most recent figure standing at $16.8 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 2.61% year-over-year to $16.8 million in Q1 2026; TTM through Mar 2026 was $62.8 million, a 2.33% decrease from a year earlier, with the FY2025 full-year figure at $63.2 million, up 2.28% from the prior year.
- Operating Expenses climbed to $16.8 million in Q1 2026 per NCSM's latest filing, from $15.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $17.3 million in Q1 2025 and bottomed at $13.1 million in Q3 2023.
- The 5-year median for Operating Expenses is $15.3 million (2025), against an average of $15.3 million.
- Across the five-year window, Operating Expenses jumped 43.86% in 2022 and declined 17.01% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $13.6 million in 2022, then climbed by 0.47% to $13.7 million in 2023, then gained by 17.45% to $16.1 million in 2024, then retreated by 4.65% to $15.3 million in 2025, then rose by 9.78% to $16.8 million in 2026.
- Per Business Quant, the three latest NCSM Operating Expenses figures stand at $16.8 million (Q1 2026), $15.3 million (Q4 2025), and $16.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | NCS Multistage Holdings | 124.09 Mn | 89.63 Mn | 18.17 Mn | 16.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.81 Mn |
| Dec 31, 2025 | 15.31 Mn |
| Sep 30, 2025 | 15.96 Mn |
| Jun 30, 2025 | 14.71 Mn |
| Mar 31, 2025 | 17.26 Mn |
| Dec 31, 2024 | 16.06 Mn |
| Sep 30, 2024 | 15.17 Mn |
| Jun 30, 2024 | 15.80 Mn |
| Mar 31, 2024 | 14.80 Mn |
| Dec 31, 2023 | 13.67 Mn |
| Sep 30, 2023 | 13.11 Mn |
| Jun 30, 2023 | 14.90 Mn |
| Mar 31, 2023 | 16.58 Mn |
| Dec 31, 2022 | 13.61 Mn |
| Sep 30, 2022 | 15.80 Mn |
| Jun 30, 2022 | 13.75 Mn |
| Mar 31, 2022 | 16.02 Mn |
| Dec 31, 2021 | 13.51 Mn |
| Sep 30, 2021 | 10.98 Mn |
| Jun 30, 2021 | 11.82 Mn |