USA Compression Partners (USAC) Operating Expenses (2012 - 2026)
USA Compression Partners (USAC) recorded Operating Expenses of $241.76 million in Q2 2026, up 39.3% from $173.52 million a year earlier and up 0.8% from the prior quarter.
USA Compression Partners (USAC) Operating Expenses (2012 - 2026) Analysis & Trends
On a TTM basis, USA Compression Partners' Operating Expenses came in at $823.86 million as of Jun 30, 2026, up 20.3% year-over-year; for FY2025, it was $691.59 million, up 5.4% from FY2024.
- Annual Operating Expenses has increased for four straight years, though with a five-year compound annual growth rate of -9.4% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $656 million in FY2024 (+6.8%), $614.2 million in FY2023 (+14.7%), $535.31 million in FY2022 (+8.9%) and $491.77 million in FY2021 (-56.6%).
- The Q2 2026 figure is the highest quarterly Operating Expenses since Q1 2020.
- On a year-over-year basis, Operating Expenses has increased for 18 consecutive quarters, with growth averaging 14.1% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 39.3% in Q2 2026, against a decline of 2.8% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $239.86 million (Q1 2026), $175.92 million (Q4 2025) and $166.32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 324.00 Mn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 723.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 2.28 Bn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 4.94 Bn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 1.04 Bn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 689.21 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 812.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 998.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 498.70 Mn |
| 10 | USA Compression Partners | 3.60 Bn | 3.57 Bn | 217.36 Mn | 241.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 241.76 Mn |
| Mar 31, 2026 | 239.86 Mn |
| Dec 31, 2025 | 175.92 Mn |
| Sep 30, 2025 | 166.32 Mn |
| Jun 30, 2025 | 173.52 Mn |
| Mar 31, 2025 | 175.84 Mn |
| Dec 31, 2024 | 171.36 Mn |
| Sep 30, 2024 | 164.29 Mn |
| Jun 30, 2024 | 157.94 Mn |
| Mar 31, 2024 | 162.40 Mn |
| Dec 31, 2023 | 156.51 Mn |
| Sep 30, 2023 | 156.13 Mn |
| Jun 30, 2023 | 155.49 Mn |
| Mar 31, 2023 | 146.07 Mn |
| Dec 31, 2022 | 143.42 Mn |
| Sep 30, 2022 | 134.51 Mn |
| Jun 30, 2022 | 129.06 Mn |
| Mar 31, 2022 | 128.31 Mn |
| Dec 31, 2021 | 123.61 Mn |
| Sep 30, 2021 | 122.00 Mn |
USA Compression Partners Operating 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=operating-expenses&ticker=USAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "USAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=USAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();