Earnings Releases·Nov 2, 2026, 7:41 PM ET

Archrock — Third Quarter 2026 Earnings Summary

Q3 2026 net income rose 18.6% to $84.5 million ($0.48 EPS) despite a 3.0% revenue decline to $370.8 million, driven by higher adjusted EBITDA of $228.4 million and a $3.2 million impairment charge.
Full-year 2026 Adjusted EBITDA guidance of $865 million to $885 million was reaffirmed, supported by strong Permian Basin demand and a structurally tight compression market.
Balance sheet strengthened with long-term debt reduced to $2.3 billion and leverage ratio improved to 2.5x, while liquidity stood at $637 million.
Capital return strategy advanced with a 10% dividend increase to $0.23 per share; no share repurchases occurred in the quarter, leaving $113.2 million available under the existing program.
Contract Operations revenue grew 1.5% to $331.2 million, whereas Aftermarket Services revenue fell to $39.7 million due to customer maintenance deferrals, and fleet utilization dipped to 94.3%.