NGS Q3 2026 net income falls year over year to $5.61 million; revenue jumps 41% to $61.26 million
NGS•Natural Gas Services Group reported third-quarter 2026 net income of $5.61 million, down year over year, as revenue rose 41% to $61.26 million. Adjusted EBITDA increased 42% to $29.62 million, and the company raised its 2026 adjusted EBITDA guidance range to $105 million–$108 million.
1. Quarterly results and guidance
Natural Gas Services Group’s third-quarter 2026 adjusted net income rose 7% year over year to $6.21 million, while adjusted EBITDA jumped 42% to $29.62 million. The company cited Flatrock’s first full-quarter contribution and continued organic growth, and raised its full-year adjusted EBITDA guidance to $105 million–$108 million from $103 million–$108 million. It also agreed to sell its Tulsa fabrication facility for $4.75 million, with completion expected by November’s end.
