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USA Compression Partners, LP Q1 FY26 Results

USACQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue331.2835.1%
Total Income331.2835.1%
Expenditure239.8636.4%
PBT42.4692.6%
Net Profit38.3486.9%
OPM27.59%0.70pp
NPM11.57%3.21pp
EPS—
View full financials

USA Compression Partners Reports Q1 2026 Results; Confirms 2026 Outlook

05 May 2026 · 5 May, 4:38 pm

Summary

USA Compression Partners, LP reported its financial and operating results for the first quarter of 2026. Total revenues increased to $331.3 million, compared to $245.2 million for the same period in 2025. Net income rose to $38.3 million, up from $20.5 million year-over-year. Adjusted EBITDA was $188.6 million, compared to $149.5 million in the prior year. The company confirmed its full-year 2026 Adjusted EBITDA outlook between $770 million and $800 million and Distributable Cash Flow between $480 million and $510 million.

Key Highlights

  1. 1

    Total revenues for USA Compression Partners were $331.3 million for first-quarter 2026, compared to $245.2 million for first-quarter 2025.

  2. 2

    Net income increased to $38.3 million for first-quarter 2026, compared to $20.5 million for first-quarter 2025.

  3. 3

    Adjusted EBITDA was $188.6 million for first-quarter 2026, compared to $149.5 million for first-quarter 2025.

  4. 4

    Distributable Cash Flow was $130.8 million for first-quarter 2026, compared to $88.7 million for first-quarter 2025.

  5. 5

    The Distributable Cash Flow Coverage Ratio was 1.72x for first-quarter 2026, compared to 1.44x for first-quarter 2025.

  6. 6

    The company announced a cash distribution of $0.525 per common unit for first-quarter 2026, consistent with first-quarter 2025.

  7. 7

    USA Compression acquired J-W Power Company, adding over 0.8 million active horsepower, creating a combined fleet of approximately 4.4 million active horsepower.

Management Comments

C

Clint Green

"First-quarter results reflect steady demand and strong operational execution. Since closing the highly accretive J-W Power Acquisition on January 12, our first quarter results reflect improvement in metrics for leverage, cash flow and distribution coverage. Looking ahead, we are encouraged by the J-W cultural alignment across the organization and have visibility into improved earnings of the combined assets. Additionally, as new engine procurement lead times have recently moved out beyond two years, the acquisition of a high-quality fleet and customer base is certainly well-timed. Looking ahead, we remain focused on executing consistently, generating reliable cash flows that support our distribution, and building on first quarter momentum throughout 2026."

Informational and educational content only. Not investment advice.