Growth Metrics

NCS Multistage Holdings (NCSM) Operating Expenses (2016 - 2025)

NCS Multistage Holdings (NCSM) has 10 years of Operating Expenses data on record, last reported at $18.3 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 14.11% year-over-year to $18.3 million; the TTM value through Dec 2025 reached $66.3 million, up 7.16%, while the annual FY2025 figure was $66.3 million, 7.16% up from the prior year.
  • Operating Expenses reached $18.3 million in Q4 2025 per NCSM's latest filing, up from $16.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $18.3 million in Q4 2025 and bottomed at $12.0 million in Q3 2021.
  • Average Operating Expenses over 5 years is $15.2 million, with a median of $15.3 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: tumbled 38.43% in 2021, then skyrocketed 35.88% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $14.5 million in 2021, then dropped by 2.64% to $14.1 million in 2022, then increased by 12.62% to $15.9 million in 2023, then grew by 1.14% to $16.1 million in 2024, then rose by 14.11% to $18.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $18.3 million in Q4 2025, $16.0 million in Q3 2025, and $14.0 million in Q2 2025.