Filing Flows › Natural Gas Services Group (NGS) › Q3 2026 › vs Q3 2025
Natural Gas Services Group (NGS) Q3 2026 vs Q3 2025 (year over year)
Natural Gas Services Group's revenue rose $17.9M (+41%) from $43.4M in Q3 2025 to $61.3M in Q3 2026. Operating margin 22.4% against 24.8% (-2.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.4% | 24.8% | -2.3 pts |
| Net margin | 9.2% | 13.3% | -4.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $61.3M | $43.4M | $17.9M | +41% |
| Operating profit | $13.7M | $10.8M | $3.0M | +28% |
| Costs & expenses | $47.5M | $32.6M | $14.9M | +46% |
| Pre-tax earnings | $7.7M | $7.6M | $114K | +2% |
| Other expense, net | $6.1M | $3.2M | $2.9M | +90% |
| Cost of revenue | $24.4M | $17.6M | $6.8M | +39% |
| SG&A | $9.4M | $5.9M | $3.5M | +60% |
| Other operating costs | $13.7M | $9.2M | $4.5M | +49% |
| Net earnings | $5.6M | $5.8M | −$174K | -3% |
| Income tax | $2.1M | $1.8M | $288K | +16% |
| Depreciation & amortization | $13.8M | $9.2M | $4.5M | +49% |
| Share-based compensation | $1.0M | $612K | $397K | +65% |
| Working capital & other | $3.6M | −$1.2M | $4.8M | — |
| Operating cash flow | $16.7M | $16.8M | −$50K | -0.3% |
| Capital expenditures | $25.9M | $41.9M | −$15.9M | -38% |
| Negative free cash flow (OCF − capex) | $9.2M | $25.1M | −$15.9M | -63% |
Questions
How much did Natural Gas Services Group's revenue grow year over year in Q3 2026?
Natural Gas Services Group's revenue rose $17.9M (+41%) from $43.4M in Q3 2025 to $61.3M in Q3 2026. Operating margin 22.4% against 24.8% (-2.3 pts).