Quarterly ResultMay 5, 2026, 04:16 PM
Archrock Q1 Revenue $373.8M, Net Income $73.8M; Dividend +16%
AI Summary
Archrock reported a strong first quarter for 2026, with revenue increasing to $373.8 million and net income rising to $73.8 million. The company also saw a significant increase in Adjusted EBITDA to $221.0 million, up 11.7% year-over-year. Archrock increased its quarterly dividend by 16% to $0.22 per share and returned $44.3 million to stockholders through dividends and share repurchases. The company reaffirmed its full-year 2026 Adjusted EBITDA guidance, driven by strong contract operations and fleet utilization.
Key Highlights
- Q1 2026 Revenue increased 7.6% to $373.8 million from $347.2 million in Q1 2025.
- Q1 2026 Net income rose 4.1% to $73.8 million, with EPS at $0.41.
- Adjusted EBITDA for Q1 2026 grew 11.7% to $221.0 million from $197.8 million in Q1 2025.
- Declared a quarterly dividend of $0.22 per common share, up 16% year-over-year.
- Returned $44.3 million to stockholders in Q1 2026 through dividends and share repurchases.
- Contract operations revenue increased 10% to $330.9 million, maintaining 95% fleet utilization.
- Reaffirmed full-year 2026 Adjusted EBITDA guidance between $865 million and $915 million.
- Leverage ratio improved to 2.6x as of March 31, 2026, from 3.2x a year prior.