Filing Flows › Natural Gas Services Group (NGS) › Q3 2026 › vs Q2 2026
Natural Gas Services Group (NGS) Q3 2026 vs Q2 2026 (quarter over quarter)
Natural Gas Services Group's revenue rose $9.9M (+19%) from $51.4M in Q2 2026 to $61.3M in Q3 2026. Operating margin 22.4% against 19.3% (+3.1 pts).
Natural Gas Services Group, Q3 2026: revenue $61.3M (+41% year over year), operating margin 22.4%, net earnings $5.6M, operating cash flow $16.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 22.4% | 19.3% | +3.1 pts |
| Net margin | 9.2% | 7.5% | +1.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $61.3M | $51.4M | $9.9M | +19% |
| Operating profit | $13.7M | $9.9M | $3.8M | +39% |
| Costs & expenses | $47.5M | $41.5M | $6.0M | +15% |
| Pre-tax earnings | $7.7M | $5.5M | $2.1M | +38% |
| Other expense, net | $6.1M | $4.4M | $1.7M | +39% |
| Cost of revenue | $24.4M | $20.6M | $3.8M | +19% |
| SG&A | $9.4M | $9.9M | −$541K | -5% |
| Other operating costs | $13.7M | $11.0M | $2.8M | +25% |
| Net earnings | $5.6M | $3.8M | $1.8M | +46% |
| Income tax | $2.1M | $1.7M | $352K | +21% |
| Depreciation & amortization | $13.8M | $11.0M | $2.8M | +25% |
| Share-based compensation | $1.0M | $851K | $158K | +19% |
| Working capital & other | $3.6M | −$9.8M | $13.4M | — |
| Operating cash flow | $16.7M | $25.4M | −$8.7M | -34% |
| Capital expenditures | $25.9M | $18.8M | $7.1M | +38% |
| Negative free cash flow (OCF − capex) | $9.2M | −$6.6M | $15.8M | — |
Questions
How much did Natural Gas Services Group's revenue grow quarter over quarter in Q3 2026?
Natural Gas Services Group's revenue rose $9.9M (+19%) from $51.4M in Q2 2026 to $61.3M in Q3 2026. Operating margin 22.4% against 19.3% (+3.1 pts).