Archrock, Inc. (AROC)
NYSE:AROC
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Earnings Data
Report Date
Aug 04, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.47Last Year’s EPS
0.36Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple strong operational and financial metrics — double-digit EBITDA growth year-over-year, robust free cash flow, high fleet utilization (~95%), disciplined capital allocation, a strong balance sheet with leverage below target, and reaffirmed full-year guidance — while acknowledging manageable near-term challenges including higher SG&A (largely non-recurring), seasonal aftermarket softness, higher maintenance capex timing, supply-chain lead times (~160 weeks), and potential lube oil cost pressure. Overall, positives (profitability, cash generation, utilization, balance sheet flexibility, and confirmed guidance) substantially outweigh the headwinds, which management characterizes as manageable and addressed through disciplined execution and capital allocation.Company Guidance
Strong Adjusted Earnings and EBITDA Growth
Adjusted EPS of $0.42 and adjusted EBITDA of $221 million for Q1 2026, representing a 12% increase in adjusted EBITDA versus Q1 2025.
Robust Free Cash Flow and Shareholder Returns
Adjusted free cash flow of $92 million in the quarter; returned $44 million to shareholders via dividends and share repurchases (up 29% year-over-year). Declared quarterly dividend of $0.22 per share (up ~16% YoY) with cash available for dividend of $134 million and dividend coverage of 3.5x.
High Fleet Utilization and Operating Footprint
Fleet remained highly utilized, exiting the quarter at ~95% utilization with approximately 4.5 million operating horsepower (4.53 million reported end of quarter), supporting durable revenue generation.
Revenue Momentum in Contract Operations
Contract operations revenue of $331 million in Q1 2026, up 10% year-over-year, driven by growth in horsepower and higher pricing; monthly revenue per horsepower increased sequentially and year-over-year.
Strong Profitability and Margins
Adjusted gross margin percentage of 72% in Q1 2026 (contract operations) and aftermarket services adjusted gross margin of 23%, reflecting sustained profitability above targets and disciplined cost management.
Balance Sheet Strength and Liquidity
Total debt of $2.4 billion at quarter-end with leverage ratio of 2.6x (below the company's long-term target of 3.0–3.5x and management expects to operate below 3x in the near term); pro forma available liquidity approximately $600 million after refinancing activity.
Disciplined Capital Allocation and Reaffirmed Guidance
Reaffirmed full-year 2026 adjusted EBITDA guidance of $865 million to $915 million; reiterated growth CapEx of $250–275 million and total CapEx guidance of $400–445 million; year-to-date nonstrategic asset sale proceeds of ~$21 million to help fund newbuild program.
Asset Sales and Portfolio High-Grading
Sale of nonstrategic compression units totaling ~40,000 horsepower in Q1 (21,000 active) and prior sales of ~123,000 horsepower at end of 2025; Q1 included a ~$10 million net gain from asset sales, supporting fleet high-grading and funding newbuilds.
Order Book and Market Demand Visibility
Management reports strong customer demand, growing order book and bookings that were more geographically diverse in Q1 (only ~35% in Permian), supporting optimism for multi-year growth driven by LNG exports, rising gas-to-oil ratios, and data center power demand.
Share Repurchase Capacity
Repurchased ~171,000 shares for ~$4.4 million in Q1 at an average price of $25.87, leaving ~$113 million of remaining authorization under the repurchase program.
AROC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AROC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $39.83 | $39.10 | -1.83% |
Feb 24, 2026 | $33.70 | $35.03 | +3.95% |
Oct 28, 2025 | $25.28 | $24.57 | -2.81% |
Aug 04, 2025 | $22.26 | $21.67 | -2.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Archrock, Inc. (AROC) report earnings?
Archrock, Inc. (AROC) is schdueled to report earning on Aug 04, 2026, TBA (Confirmed).
What is Archrock, Inc. (AROC) earnings time?
Archrock, Inc. (AROC) earnings time is at Aug 04, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is AROC EPS forecast?
AROC EPS forecast for the fiscal quarter 2026 (Q2) is 0.47.