WaterBridge Infrastructure (WBI) Operating Expenses (2024 - 2026)
WaterBridge Infrastructure's Operating Expenses came in at $17.68 million for Q2 2026, up 133.2% from $7.58 million a year earlier and up 5.2% from the prior quarter.
WaterBridge Infrastructure (WBI) Operating Expenses (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, WaterBridge Infrastructure reported Operating Expenses of $131.65 million, up 56.8% year-over-year; for FY2025, it came in at $150.64 million, up 44.6% from FY2024.
- Going back by year, Operating Expenses was $104.19 million in FY2024 (+72.2%) and $60.49 million in FY2023.
- The five-year range for quarterly Operating Expenses is $6.59 million (Q1 2025) to $76.66 million (Q4 2025).
- Year-over-year, Operating Expenses has increased for four consecutive quarters, with growth averaging 87.9% over the last four quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 19.09 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 16.13 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 30.76 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 3.13 Bn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | -1.06 Bn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 354.10 Mn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.93 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 1.44 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 4.00 Mn |
| 10 | WaterBridge Infrastructure | 3.51 Bn | 4.41 Bn | 58.12 Mn | 17.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.68 Mn |
| Mar 31, 2026 | 16.81 Mn |
| Dec 31, 2025 | 76.66 Mn |
| Sep 16, 2025 | 20.50 Mn |
| Jun 30, 2025 | 7.58 Mn |
| Mar 31, 2025 | 6.59 Mn |
| Dec 31, 2024 | 52.19 Mn |
| Sep 30, 2024 | 17.60 Mn |
WaterBridge Infrastructure 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=WBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "WBI", "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=WBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();