Natural Gas Services Group (NGS)
NYSE:NGS
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Earnings Data
Report Date
Aug 17, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.46Last Year’s EPS
0.41Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational and financial start to 2026 with multiple quarterly records (rental revenue, adjusted EBITDA, utilization), a dividend increase, fleet optimization actions and raised EBITDA guidance. These positives are tempered by emerging inflationary pressures (parts, lubes, labor), supply-chain and lead-time risks for certain components, elevated DSO in Q1 and management's caution that Q1 margins may not be a sustainable run rate. On balance, the company appears well-positioned with healthy liquidity and a disciplined capital allocation approach, while facing manageable market and cost headwinds.Company Guidance
Record Rental Revenue
Rental revenue reached $47.1 million in Q1, up $8.2 million or 21.1% year-over-year, marking a quarterly record and primary indicator of scalable business performance.
Record Adjusted EBITDA and Strong Margins
Adjusted EBITDA totaled $24.3 million in Q1 (vs. $19.3 million in Q1 2025), an increase of ~26%, and rental adjusted gross margin was $30.0 million, up $6.0 million or 24.7% year-over-year. Rental adjusted gross margin percentage was 63.7%, up ~180 basis points YoY.
Fleet Growth, Optimization and Utilization
Rented horsepower ended Q1 at ~575,000 HP, up 17% YoY. Horsepower utilization hit a company record of 86.9%. The company added ~17,000 HP in Q1 (mostly large HP, electric motor drive) and retired 17,700 HP (134 small/medium units) to improve fleet mix.
Dividend Increase and Capital Returns
Declared an increase in the quarterly dividend from $0.11 to $0.15 per share (36% increase), signaling confidence in cash generation while maintaining capital allocation flexibility for growth and M&A.
Raised Full-Year Adjusted EBITDA Guidance
Updated 2026 adjusted EBITDA guidance to $92.5M–$97.5M (previously $90.5M–$95.5M), increasing the midpoint and reflecting a stronger start to the year and favorable visibility.
Balance Sheet Flexibility and Cash Events
Collected $12.3 million tax refund (≈ $1 per share) in Q1. Ended quarter with $226 million outstanding on the credit facility and $174 million available capacity, with leverage at 2.33x (lowest among public comparables), and Q1 CapEx of $15.2 million (growth $12.3M, maintenance $3M).
NGS 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
NGS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $42.50 | $41.80 | -1.65% |
Mar 16, 2026 | $36.60 | $36.81 | +0.57% |
Nov 11, 2025 | $28.01 | $29.51 | +5.36% |
Aug 12, 2025 | $24.86 | $25.42 | +2.28% |
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 Natural Gas Services Group (NGS) report earnings?
Natural Gas Services Group (NGS) is schdueled to report earning on Aug 17, 2026, Before Open (Confirmed).
What is Natural Gas Services Group (NGS) earnings time?
Natural Gas Services Group (NGS) earnings time is at Aug 17, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NGS EPS forecast?
NGS EPS forecast for the fiscal quarter 2026 (Q2) is 0.46.