Stantec (STN) Operating Expenses (2010 - 2025)

Stantec (STN) posted quarterly Operating Expenses of $10.4 million for Q4 2025, down 98.32% year-over-year from $619.0 million in Q4 2024, and down 65.6% quarter-over-quarter from $30.2 million in Q3 2025.

Stantec (STN) Operating Expenses (2010 - 2025) Analysis & Trends

Stantec's Operating Expenses history runs 16 years deep, the most recent figure standing at $10.4 million for Q4 2025.

  • In Q4 2025, Operating Expenses fell 98.32% year-over-year to $10.4 million; the TTM figure through Mar 2026 stood at $939.3 million (down 60.65% YoY), while the FY2025 annual figure was $1.8 billion, up 7.0% from the prior year.
  • Operating Expenses for Q4 2025 stood at $10.4 million, down from $30.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $1.5 billion in Q3 2023, with the low at $6.1 million in Q2 2021.
  • The 5-year median for Operating Expenses is $23.7 million (2022), against an average of $350.1 million.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 8804.32% in 2023, then sank 98.32% in 2025.
  • Stantec's Operating Expenses stood at $411.6 million in 2021, then rose by 11.81% to $460.2 million in 2022, then gained by 11.12% to $511.4 million in 2023, then gained by 21.04% to $619.0 million in 2024, then sank by 98.32% to $10.4 million in 2025.
  • Business Quant data shows STN's Operating Expenses at $10.4 million in Q4 2025, $30.2 million in Q3 2025, and $898.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 698.49 Mn
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 287.05 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 475.04 Mn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 206.47 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 49.26 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 528.00 Mn
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 876.07 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 162.17 Mn
10 Stantec 8.17 Bn 8.17 Bn 914.10 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 10.40 Mn
Sep 30, 2025 30.23 Mn
Jun 30, 2025 898.68 Mn
Mar 31, 2025 439.89 Mn
Dec 31, 2024 618.98 Mn
Sep 30, 2024 1.31 Bn
Jun 30, 2024 15.87 Mn
Mar 31, 2024 6.38 Mn
Dec 31, 2023 511.37 Mn
Sep 30, 2023 1.52 Bn
Jun 30, 2023 14.89 Mn
Mar 31, 2023 6.44 Mn
Dec 31, 2022 460.20 Mn
Sep 30, 2022 17.10 Mn
Jun 30, 2022 9.96 Mn
Dec 31, 2021 411.57 Mn
Sep 30, 2021 8.90 Mn
Jun 30, 2021 6.10 Mn
Dec 31, 2020 332.70 Mn
Sep 30, 2020 1.95 Mn