
Quarterly ResultAug 12, 2026, 11:07 AM
Natural Gas Services Group Q2 Revenue $49.4M, Adj. EBITDA $25.1M; Raises FY26 Guidance
AI Summary
Natural Gas Services Group reported record second-quarter 2026 financial results, with rental revenue reaching $49.4 million, a 25% increase year-over-year, and adjusted EBITDA growing 27.4% to $25.1 million. The company successfully integrated the Flatrock acquisition, which added 87,000 rented horsepower and contributed to the strong performance. Consequently, NGS raised its full-year 2026 adjusted EBITDA guidance to $103 million to $108 million and increased its quarterly dividend to $0.15 per share. Additionally, the company completed its re-domestication to Texas, eliminating its staggered board for improved corporate governance.
Key Highlights
- Q2 2026 Rental Revenue: $49.4M, up 25% year-over-year.
- Q2 2026 Adjusted EBITDA: $25.1M, up 27.4% year-over-year.
- Q2 2026 Adjusted Net Income: $6.1M, or $0.47 per diluted share.
- Flatrock Acquisition: Added 87,000 rented horsepower for $120M.
- FY26 Adjusted EBITDA Guidance: Raised to $103M-$108M from $92.5M-$97.5M.
- Quarterly Dividend: $0.15 per share, 50% higher than a year ago.
- Corporate Governance: Re-domestication to Texas, eliminating staggered board.
Price Impact
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