North American Construction (NOA) Operating Expenses (2009 - 2026)
North American Construction (NOA) posted Operating Expenses of $55.7 million for Q1 2026, down 13.95% on a QoQ basis from $64.8 million in Q4 2025, and up 16.95% year-over-year from $47.7 million in Q1 2025.
North American Construction (NOA) Operating Expenses (2009 - 2026) Analysis & Trends
North American Construction's Operating Expenses history runs 18 years deep, the most recent figure standing at $55.7 million for Q1 2026.
- Quarterly Operating Expenses rose 16.95% year-over-year to $55.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $214.3 million (up 31.33% YoY) and the FY2025 annual result came in at $191.5 million, down 14.84% from the prior year.
- Operating Expenses was $55.7 million for Q1 2026 at North American Construction, down from $64.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $83.2 million in Q2 2022 and bottomed at $25.6 million in Q3 2022.
- A 5-year average of $47.4 million and a median of $45.3 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 67.48% — and 2025, when it surged 78.72%.
- North American Construction's Operating Expenses stood at $44.4 million in 2022, then gained by 24.76% to $55.4 million in 2023, then slumped by 34.52% to $36.2 million in 2024, then jumped by 78.72% to $64.8 million in 2025, then decreased by 13.95% to $55.7 million in 2026.
- Business Quant data shows NOA's Operating Expenses at $55.7 million in Q1 2026, $64.8 million in Q4 2025, and $45.3 million in 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 | North American Construction | 399.49 Mn | 520.61 Mn | 31.22 Mn | 55.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.75 Mn |
| Dec 31, 2025 | 64.79 Mn |
| Sep 30, 2025 | 45.31 Mn |
| Jun 30, 2025 | 48.48 Mn |
| Mar 31, 2025 | 47.67 Mn |
| Dec 31, 2024 | 36.25 Mn |
| Sep 30, 2024 | 39.97 Mn |
| Jun 30, 2024 | 39.32 Mn |
| Mar 31, 2024 | 46.24 Mn |
| Dec 31, 2023 | 55.36 Mn |
| Sep 30, 2023 | 30.64 Mn |
| Jun 30, 2023 | 27.04 Mn |
| Mar 31, 2023 | 37.40 Mn |
| Dec 31, 2022 | 44.37 Mn |
| Sep 30, 2022 | 25.60 Mn |
| Jun 30, 2022 | 83.16 Mn |
| Mar 31, 2022 | 78.19 Mn |
| Dec 31, 2021 | 101.36 Mn |
| Sep 30, 2021 | 72.93 Mn |
| Jun 30, 2021 | 79.05 Mn |