Filing Flows › USA Compression Partners, LP (USAC) › Q2 2026 › vs Q1 2026
USA Compression Partners, LP (USAC) Q2 2026 vs Q1 2026 (quarter over quarter)
USA Compression Partners, LP's revenue rose $10.9M (+3%) from $331M in Q1 2026 to $342M in Q2 2026. The biggest changes: Contract operations revenue +$10.1M (+3%); Retail parts and services revenue +$758K (+3%). Operating margin 29.3% against 27.6% (+1.7 pts).
USA Compression Partners, LP, Q2 2026: revenue $342M (+37% year over year), operating margin 29.3%, net earnings $45.7M, operating cash flow $146M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 29.3% | 27.6% | +1.7 pts |
| Net margin | 13.3% | 11.6% | +1.8 pts |
| Free cash flow margin | 31.7% | 18.7% | +13.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Contract operations revenue | $319M | $309M | $10.1M | +3% |
| Retail parts and services revenue | $22.7M | $21.9M | $758K | +3% |
| Revenue | $342M | $331M | $10.9M | +3% |
| Operating profit | $100M | $91.4M | $9.0M | +10% |
| Costs & expenses | $242M | $240M | $1.9M | +0.8% |
| Pre-tax earnings | $51.1M | $42.5M | $8.7M | +20% |
| Other expense, net | $49.3M | $48.9M | $305K | +0.6% |
| Cost of revenue | $125M | $118M | $6.9M | +6% |
| SG&A | $28.9M | $35.4M | −$6.5M | -18% |
| Other operating costs | $88.1M | $86.6M | $1.5M | +2% |
| Net earnings | $45.7M | $38.3M | $7.3M | +19% |
| Income tax | $5.5M | $4.1M | $1.4M | +33% |
| Depreciation & amortization | $89.1M | $87.1M | $1.9M | +2% |
| Share-based compensation | $1.6M | $2.4M | −$797K | -33% |
| Working capital & other | $9.4M | −$41.8M | $51.1M | — |
| Operating cash flow | $146M | $86.1M | $59.6M | +69% |
| Free cash flow (OCF − capex) | $108M | $61.9M | $46.4M | +75% |
| Capital expenditures | $37.4M | $24.2M | $13.1M | +54% |
Questions
How much did USA Compression Partners, LP's revenue grow quarter over quarter in Q2 2026?
USA Compression Partners, LP's revenue rose $10.9M (+3%) from $331M in Q1 2026 to $342M in Q2 2026.
What drove USA Compression Partners, LP's revenue change in Q2 2026?
Contract operations revenue +$10.1M (+3%); Retail parts and services revenue +$758K (+3%).