USA Compression (USAC)
NYSE:USAC
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.32Last Year’s EPS
0.22Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights substantial progress on integration, manufacturing and capacity optionality, record pricing, strong first-quarter cash generation and safety performance. These positives are tempered by material supply-chain risks (notably multi-year engine lead times), a near-term utilization dip from acquired idle horsepower, and margin and timing pressures stemming from the JW mix and deferred maintenance. Management has a clear plan to capture synergies, maintain guidance, and manage leverage, and many risks have mitigants (resale optionality for engines, CPI-linked contracts, planned efficiencies). On balance, the positive operational and financial developments and strategic optionality outweigh the near-term supply chain and margin headwinds.Company Guidance
Safety Performance
Combined TRIR of 0.39 in 2025, a 50% reduction versus 2024 and well below the BLS industry average of 0.70; company has beaten that benchmark for twelve consecutive years.
Acquisition & Integration Progress (JW Power)
JW acquisition closed Jan 12; operations and commercial organizations integrated with new reporting structures by early March; legacy USA data integrated into new ERP (SAP) on Feb 1.
Fleet & Capacity Growth
Total fleet horsepower ~4.931 million at quarter end (added ~1.037 million QoQ, largely from JW); average active horsepower 4.438 million; contracted >90% of ~110,000 new horsepower expected to be added in 2026.
Pricing and Revenue Momentum
Average pricing hit an all-time high of $22.73 per horsepower: up ~5% sequentially and ~8% year-over-year.
Operational Utilization and Small HP Gains
Average utilization of 91.9% for Q1; small-horsepower utilization increased nearly 10% year-over-year, supporting improved deployment in that class.
Strong First-Quarter Financials
Q1 net income $38.3M; operating income $91.4M; net cash provided by operating activities $86.1M; cash interest expense (net) $47.1M; adjusted gross margin 64.4%.
Capital Allocation & Guidance Maintained
Q1 capex: expansion $26.4M, maintenance $9.2M. Company maintained full-year guidance: adjusted EBITDA $770M–$800M, DCF $480M–$510M, maintenance capex $60M–$70M, expansion capex $230M–$250M.
Deleveraging Progress & Distribution Coverage
Leverage ratio reported at ~3.74x (end of Q4) and near the company target of 3.75x; distribution coverage ticked up to ~1.72x, reflecting partial-quarter effects and lower maintenance spend during SAP transition.
Manufacturing Advantage and Long-Term Optionality
JW manufacturing adds ~100k–125k horsepower capacity, enabling the company to directly acquire engines (engine costs ~25%–40% of skid cost) with optionality to deploy internally or resell; company placed engine orders out to 2028/2029 to mitigate extended lead times.
Estimated Synergies
Expect $10M–$20M of annual run-rate synergies by year-end 2027 from the JW integration and operational consolidation.
USAC 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
USAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $26.95 | $27.35 | +1.48% |
Feb 17, 2026 | $26.09 | $25.43 | -2.52% |
Oct 16, 2025 | $21.59 | $21.26 | -1.52% |
Jul 17, 2025 | $22.15 | $22.19 | +0.17% |
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 USA Compression (USAC) report earnings?
USA Compression (USAC) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is USA Compression (USAC) earnings time?
USA Compression (USAC) earnings time is at Aug 04, 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 USAC EPS forecast?
USAC EPS forecast for the fiscal quarter 2026 (Q2) is 0.32.