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NGS

Natural Gas Services·NYSE
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NGS fundamentals

Natural Gas Services (NGS) released its earnings on Mar 16, 2026: revenue was 46.15M (YoY +13.51%), beat estimates; EPS was 0.32 (YoY +39.13%), missed estimates.
Revenue / YoY
46.15M
+13.51%
EPS / YoY
0.32
+39.13%
Report date
Mar 16, 2026
NGS Earnings Call Summary for Q4,2025
  • Record Growth: 2025 EBITDA of $81 million (+19% YoY), fueled by 14% hp expansion and 84.9% utilization.
  • 2026 Guidance: $90.5-$95.5 million EBITDA, with $55-70 million growth CapEx for 50,000 hp deployments.
  • Margin Expansion: Gross margin expected to rise from 60.6% in 2025, supported by new large hp units.
  • Supply Chain Advantage: 100+ week lead times for engines constrain competitors, benefiting NGS market share.
  • Midstream Opportunity: Actively pursuing midstream compression contracts, with quoting activity increasing.
  • Liquidity Strength: Low leverage, $2.6 million dividend returned in 2025, with plans for consistent dividend growth.
  • Structural Growth Drivers: LNG exports, AI infrastructure power demand, and long-term compression needs.
EPS
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q1,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
-0.06-0.04-0.1651-0.03-0.14-0.10.04460.00220.04710.03180.0360.08160.15130.28120.52040.410.340.56290.230.380.410.460.32
Forecast
-0.09-0.07-0.095-0.05-0.05-0.12-0.03-0.13-0.070-0.02-0.06-0.020.10.130.170.260.2350.2550.250.34330.360.3733
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+33.33%
+42.86%
-73.79%
+40.00%
-180.00%
+16.67%
+248.67%
+101.69%
+167.29%
0.00%
+280.00%
+236.00%
+856.50%
+181.20%
+300.31%
+141.18%
+30.77%
+139.53%
-9.80%
+52.00%
+19.43%
+27.78%
-14.28%
Revenue
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q1,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
------------------17.89M15.77M17.00M18.40M17.75M18.25M18.03M20.34M19.93M20.74M22.50M26.62M26.96M31.37M36.22M36.91M38.49M40.69M40.66M41.38M41.38M43.40M46.15M
Forecast
------------------17.25M14.95M14.95M16.15M16.20M16.85M18.05M18.10M18.75M19.85M21.35M22.50M24.80M28.05M30.30M34.95M36.73M38.11M40.84M40.52M41.87M43.18M44.10M
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+3.71%
+5.45%
+13.68%
+13.91%
+9.56%
+8.28%
-0.12%
+12.35%
+6.27%
+4.50%
+5.39%
+18.31%
+8.70%
+11.83%
+19.54%
+5.60%
+4.80%
+6.77%
-0.44%
+2.13%
-1.16%
+0.50%
+4.64%

Earnings Call