Select Water Solutions (WTTR) Operating Expenses (2016 - 2026)
Select Water Solutions' (WTTR) quarterly Operating Expenses came in at $47.3 million in Q1 2026, up 17.61% year-on-year from $40.2 million in Q1 2025, and up 3.51% quarter-over-quarter from $45.7 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 17.61% year-over-year to $47.3 million in Q1 2026; TTM through Mar 2026 was $180.7 million, a 13.25% increase from a year earlier, with the FY2025 full-year figure at $173.6 million, up 5.22% from the prior year.
- Operating Expenses rose to $47.3 million in Q1 2026 per WTTR's latest filing, from $45.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $47.9 million in Q4 2023 and bottomed at $27.4 million in Q2 2022.
- The 5-year median for Operating Expenses is $40.2 million (2025), against an average of $39.9 million.
- Across the five-year window, Operating Expenses soared 64.52% in 2023 and slipped 13.11% in 2024, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest WTTR Operating Expenses figures stand at $47.3 million (Q1 2026), $45.7 million (Q4 2025), and $45.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Select Water Solutions | 14.06 Mn | -41.91 Mn | 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 |