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%.
The company 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.
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