Select Water Solutions (WTTR) Operating Expenses (2016 - 2026)
Select Water Solutions (WTTR) recorded quarterly Operating Expenses of $47.3 million in Q1 2026, up 3.51% quarter-over-quarter from $45.7 million in Q4 2025, and up 17.61% on a YoY basis from $40.2 million in Q1 2025.
Select Water Solutions (WTTR) Operating Expenses (2016 - 2026) Analysis & Trends
Select Water Solutions' Operating Expenses history runs 11 years deep, the most recent figure standing at $47.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 17.61% year-over-year to $47.3 million; the TTM figure through Mar 2026 stood at $180.7 million (up 13.25% YoY), while the FY2025 annual figure was $173.6 million, up 5.22% from the prior year.
- Operating Expenses was $47.3 million for Q1 2026 at Select Water Solutions, up from $45.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $47.9 million in Q4 2023 to a low of $27.4 million in Q2 2022.
- Historically, Operating Expenses has averaged $39.9 million across 5 years, with a median of $40.2 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 64.52% in 2023, then retreated 13.11% in 2024.
- A 5-year view of Operating Expenses shows it stood at $34.8 million in 2022, then jumped by 37.39% to $47.9 million in 2023, then retreated by 13.11% to $41.6 million in 2024, then rose by 9.93% to $45.7 million in 2025, then advanced by 3.51% to $47.3 million in 2026.
- The last three Operating Expenses figures came in at $47.3 million (Q1 2026), $45.7 million (Q4 2025), and $45.3 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 | Select Water Solutions | 1.98 Bn | 2.06 Bn | 65.28 Mn | 47.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.31 Mn |
| Dec 31, 2025 | 45.71 Mn |
| Sep 30, 2025 | 45.33 Mn |
| Jun 30, 2025 | 42.33 Mn |
| Mar 31, 2025 | 40.23 Mn |
| Dec 31, 2024 | 41.58 Mn |
| Sep 30, 2024 | 37.93 Mn |
| Jun 30, 2024 | 39.79 Mn |
| Mar 31, 2024 | 45.67 Mn |
| Dec 31, 2023 | 47.85 Mn |
| Sep 30, 2023 | 39.52 Mn |
| Jun 30, 2023 | 35.44 Mn |
| Mar 31, 2023 | 47.67 Mn |
| Dec 31, 2022 | 34.83 Mn |
| Sep 30, 2022 | 30.41 Mn |
| Jun 30, 2022 | 27.38 Mn |
| Mar 31, 2022 | 28.97 Mn |
| Dec 31, 2021 | 26.26 Mn |
| Sep 30, 2021 | 22.76 Mn |
| Jun 30, 2021 | 16.74 Mn |