NGSG Q2 FY26 net income falls 26.2% to USD 3.83 million; revenue rises 24.2% to USD 51.4 million
Reuters2026/08/10 20:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Natural Gas Services Group posted GAAP net income of $3.83 million for the quarter ended June 30, 2026, down from $5.19 million a year earlier.
- GAAP revenue rose 24.22% to $51.4 million, driven by rental revenue up 24.9% to $49.43 million.
- Non-GAAP adjusted EBITDA climbed 27.4% to $25.05 million, while rented horsepower increased 34.34% to 669,919 and utilization rose 4.7 percentage points to 88.3%.
- Completed the Flatrock Compression Holdings acquisition on June 12 for about $119 million, adding 87,233 rented horsepower and contributing $1.9 million of rental revenue.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NGSG - Natural Gas Services Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001084991-26-000079), on August 10, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Grayscale: Bitcoin’s Correlation With Gold Climbs Above 50%
Coinomedia•2026/08/28 07:24
iHealthcare Group appoints Thobile Mabuza as independent non-executive director
Reuters•2026/08/28 07:12
Coliwoo Holdings Likely Aims to Monetize More Assets -- Market Talk
Dow Jones•2026/08/28 07:12
Crypto prices
MoreBitcoin
BTC
$79,712.66
+1.13%
Ethereum
ETH
$2,496.48
+0.12%
Tether USDt
USDT
$1
+0.02%
BNB
BNB
$710.27
+0.66%
XRP
XRP
$1.42
+1.03%
USDC
USDC
$1.0000
-0.00%
Solana
SOL
$106.67
+5.35%
TRON
TRX
$0.3396
+1.40%
Hyperliquid
HYPE
$83.46
+2.48%
Dogecoin
DOGE
$0.08777
+0.92%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now