NCS Multistage Holdings (NCSM) Operating Expenses (2016 - 2026)
NCS Multistage Holdings (NCSM) posted quarterly Operating Expenses of $19.0 million for Q2 2026, up 29.27% year-over-year from $14.7 million in Q2 2025, and up 13.13% on a QoQ basis from $16.8 million in Q1 2026.
NCS Multistage Holdings (NCSM) Operating Expenses (2016 - 2026) Analysis & Trends
NCS Multistage Holdings has reported Operating Expenses for 11 years, with the latest figure at $19.0 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $19.0 million, up 29.27% year-over-year; the trailing twelve-month figure through Jun 2026 was $67.1 million (up 6.17% YoY), and the FY2025 annual result was $63.2 million, up 2.28% from the prior year.
- Operating Expenses rose to $19.0 million in Q2 2026, from $16.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $19.0 million in Q2 2026 and troughed at $13.1 million in Q3 2023.
- A 5-year average of $15.5 million and a median of $15.6 million in 2022 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses surged 43.86%; it then fell 17.01% in 2023.
- A 5-year view of Operating Expenses shows it stood at $13.6 million in 2022, then advanced by 0.47% to $13.7 million in 2023, then rose by 17.45% to $16.1 million in 2024, then fell by 4.65% to $15.3 million in 2025, then increased by 24.19% to $19.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $19.0 million in Q2 2026, $16.8 million in Q1 2026, and $15.3 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | NCS Multistage Holdings | 135.29 Mn | 103.97 Mn | 13.95 Mn | 19.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.02 Mn |
| 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 |