Earnings Releases·Nov 9, 2026, 4:06 PM ET

Natural Gas Services Group, Inc. — Third Quarter 2026 Earnings Summary

Total revenue rose 41.1% year-over-year to $61.3 million, while Adjusted EBITDA increased 42.2% to $29.6 million; net income declined slightly to $5.6 million ($0.43/share) from $5.8 million ($0.46/share) in the prior year period.
Management raised full-year 2026 Adjusted EBITDA guidance to $105–$108 million (midpoint $106.5 million) and narrowed growth capital expenditure guidance to $60–$75 million, citing strong performance and Flatrock integration.
The Board declared a 6.7% dividend increase to $0.16 per share and announced the pending $4.75 million sale of the Tulsa fabrication facility to fund higher-return investments.
Operational metrics showed 30.0% growth in utilized horsepower to 683,952 and 88% utilization, supported by over 20,000 horsepower added organically during the quarter.