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
DateValue
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