Filing Flows › USA Compression Partners, LP (USAC) › Q2 2026
USA Compression Partners, LP (USAC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
USA Compression Partners, LP (USAC) reported revenue of $342M for the second quarter 2026 (Q2 2026), +37% from a year earlier and +3% from the quarter before. Operating margin was 29.3%, net earnings $45.7M (13.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $342M | +3% | +37% |
| Operating profit | $100M | +10% | +31% |
| Net earnings | $45.7M | +19% | +60% |
| Operating cash flow | $146M | +69% | +17% |
| Free cash flow | $108M | +75% | +7% |
What changed
Revenue was $342.1M in Q2 2026, up 37% year over year and up 3% from the previous quarter. Contract operations revenue was the largest line at 93% of revenue. Contract operations revenue added $77.3M year over year (up 32%), 84% of the total change.
Operating profit was $100.4M, a 29.3% margin (down 1.3 points year over year). Of the extra revenue versus Q2 2025, 26% reached operating profit, below the 31% margin then. Total costs grew 39% against revenue growth of 37%. The fastest-growing cost line was SG&A (+124%). Net earnings were $45.7M, up 60% year over year. The effective tax rate was 10.7%.
Operating cash flow was $145.7M (up 17% year over year), 319% of net earnings. Non-cash charges added back $89.1M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $9.4M. Capital expenditures of $37.4M left free cash flow of $108.3M.
Questions
What was USA Compression Partners, LP's revenue in the second quarter 2026?
USA Compression Partners, LP (USAC) reported revenue of $342M for the second quarter 2026 (Q2 2026), +37% from a year earlier and +3% from the quarter before.
Was USA Compression Partners, LP profitable in the second quarter 2026?
Operating profit was $100M (29.3% of revenue) and net earnings $45.7M.