North American Construction (NOA) Accumulated Expenses (2009 - 2026)
North American Construction (NOA) reported Accumulated Expenses of $68.57 million for the quarter ended Jun 30, 2026, up 55.8% from $44 million a year earlier.
North American Construction (NOA) Accumulated Expenses (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, North American Construction posted Accumulated Expenses of -$89.31 million.
- By year, Accumulated Expenses came in at -$78.01 million in the year ended Dec 31, 2024, $53.53 million in the year ended Dec 31, 2023, -$43.78 million in the year ended Dec 31, 2022 and -$33.39 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Accumulated Expenses in data going back to the quarter ended Jun 30, 2012.
- Year over year, Accumulated Expenses gained in five of the last six quarters, with growth averaging 22.1%.
- The high point for year-over-year Accumulated Expenses in five years was the quarter ended Mar 31, 2024 (growth of 99.3%); the low point was the quarter ended Mar 31, 2025 (a decline of 9.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$92.86 million (quarter ended Mar 31, 2026), $64.04 million (quarter ended Dec 31, 2025) and $56.27 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.57 Mn |
| Mar 31, 2026 | -92.86 Mn |
| Dec 31, 2025 | 64.04 Mn |
| Sep 30, 2025 | 56.27 Mn |
| Jun 30, 2025 | 44.00 Mn |
| Mar 31, 2025 | 41.43 Mn |
| Dec 31, 2024 | 55.84 Mn |
| Sep 30, 2024 | 34.98 Mn |
| Jun 30, 2024 | 41.75 Mn |
| Mar 31, 2024 | 45.64 Mn |
| Dec 31, 2023 | 53.05 Mn |
| Sep 30, 2023 | -41.02 Mn |
| Jun 30, 2023 | -23.23 Mn |
| Mar 31, 2023 | 22.90 Mn |
| Dec 31, 2022 | 32.26 Mn |
| Sep 30, 2022 | -23.44 Mn |
| Jun 30, 2022 | -19.50 Mn |
| Mar 31, 2022 | 18.80 Mn |
| Dec 31, 2021 | 26.49 Mn |
| Sep 30, 2021 | 1.73 Mn |
North American Construction Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NOA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();