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
DateValue
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