WaterBridge Infrastructure (WBI) Operating Expenses (2024 - 2026)

WaterBridge Infrastructure's (WBI) quarterly Operating Expenses came in at $16.8 million in Q1 2026, up 155.02% year-on-year from $6.6 million in Q1 2025, and down 78.07% quarter-over-quarter from $76.7 million in Q4 2025.

WaterBridge Infrastructure (WBI) Operating Expenses (2024 - 2026) Analysis & Trends

WaterBridge Infrastructure has disclosed Operating Expenses across 3 years of filings, most recently posting $16.8 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $16.8 million, up 155.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $120.6 million (changed N/A YoY), and the FY2025 annual result was $150.6 million, up 44.58% from the prior year.
  • Operating Expenses came in at $16.8 million for Q1 2026 at WaterBridge Infrastructure, down from $76.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $76.7 million in Q4 2025 to a low of $6.6 million in Q1 2025.
  • The 3-year median for Operating Expenses is $19.0 million (2024), against an average of $31.7 million.
  • Across the five-year window, Operating Expenses advanced 16.48% in 2025 and surged 155.02% in 2026, its largest moves.
  • WaterBridge Infrastructure's Operating Expenses stood at $52.2 million in 2024, then soared by 46.9% to $76.7 million in 2025, then plunged by 78.07% to $16.8 million in 2026.
  • The last three Operating Expenses figures came in at $16.8 million (Q1 2026), $76.7 million (Q4 2025), and $20.5 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 WaterBridge Infrastructure 1.29 Bn 2.43 Bn 48.19 Mn 16.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.81 Mn
Dec 31, 2025 76.66 Mn
Sep 16, 2025 20.50 Mn
Mar 31, 2025 6.59 Mn
Dec 31, 2024 52.19 Mn
Sep 30, 2024 17.60 Mn