North American Construction (NOA) Operating Expenses (2009 - 2026)

North American Construction (NOA) reported Operating Expenses of $16.2 million for Q1 2026, up 203.31% on a YoY basis from $5.4 million in Q1 2025, and up 32.33% quarter-over-quarter from $12.3 million in Q4 2025.

North American Construction (NOA) Operating Expenses (2009 - 2026) Analysis & Trends

North American Construction has reported Operating Expenses for 18 years, with the latest figure at $16.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 203.31% year-over-year to $16.2 million; the trailing twelve-month figure through Mar 2026 stood at $47.0 million (up 36.56% YoY), and the FY2025 full-year result was $191.5 million, up 11.67% from the prior year.
  • Operating Expenses for Q1 2026 stood at $16.2 million, up from $12.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $53.8 million in Q1 2022, with the low at $5.4 million in Q1 2025.
  • Historically, Operating Expenses has averaged $15.0 million across 5 years, with a median of $9.4 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses tumbled 89.84% — and 2026, when it surged 203.31%.
  • North American Construction's Operating Expenses stood at $8.5 million in 2022, then soared by 126.75% to $19.3 million in 2023, then tumbled by 30.04% to $13.5 million in 2024, then slipped by 9.16% to $12.3 million in 2025, then surged by 32.33% to $16.2 million in 2026.
  • The last three Operating Expenses figures came in at $16.2 million (Q1 2026), $12.3 million (Q4 2025), and $9.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 261.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 732.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 4.72 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 2.14 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -76.01 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 9.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 1.03 Bn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 45.83 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 238.95 Mn
10 North American Construction 267.97 Mn 196.17 Mn 31.22 Mn 16.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.24 Mn
Dec 31, 2025 12.27 Mn
Sep 30, 2025 9.35 Mn
Jun 30, 2025 9.14 Mn
Mar 31, 2025 5.35 Mn
Dec 31, 2024 13.51 Mn
Sep 30, 2024 7.79 Mn
Jun 30, 2024 7.77 Mn
Mar 31, 2024 10.72 Mn
Dec 31, 2023 19.31 Mn
Sep 30, 2023 9.31 Mn
Jun 30, 2023 8.91 Mn
Mar 31, 2023 10.49 Mn
Dec 31, 2022 8.51 Mn
Sep 30, 2022 5.38 Mn
Jun 30, 2022 46.80 Mn
Mar 31, 2022 53.83 Mn
Dec 31, 2021 65.04 Mn
Sep 30, 2021 52.91 Mn
Jun 30, 2021 57.53 Mn