Quarterly ResultMay 6, 2026, 01:16 PM
Archrock Q1 Revenue +7.7% to $373.8M; Net Income +4.2% to $73.8M
AI Summary
Archrock, Inc. reported a 7.7% increase in total revenue to $373.8 million for the first quarter of 2026, driven by a 10.2% rise in contract operations revenue. Net income grew by 4.2% to $73.8 million, with diluted earnings per share at $0.41. The company also issued $800 million in 2034 senior notes and repaid $1.19 billion in long-term debt during the quarter, while increasing its quarterly dividend to $0.220 per share.
Key Highlights
- Total revenue increased 7.7% to $373.8 million for Q1 2026, up from $347.2 million in Q1 2025.
- Net income rose 4.2% to $73.8 million in Q1 2026, compared to $70.9 million in Q1 2025.
- Diluted earnings per common share increased to $0.41 in Q1 2026 from $0.40 in Q1 2025.
- Contract operations revenue grew 10.2% to $330.9 million in Q1 2026.
- Issued $800 million of 6.000% senior notes due February 2034.
- Repaid $1.19 billion of long-term debt during the three months ended March 31, 2026.
- Paid cash dividends of $0.220 per common share, totaling $39.9 million.
- Net cash provided by operating activities was $185.9 million, up from $115.6 million year-over-year.
Price Impact
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