Filing Flows › USA Compression Partners, LP (USAC) › Q4 2025
USA Compression Partners, LP (USAC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 17, 2026
USA Compression Partners, LP (USAC) reported revenue of $252M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +0.9% from the quarter before. Operating margin was 30.3%, net earnings $27.8M (11.0% of revenue).
USA Compression Partners, LP, Q4 2025: revenue $252M (+3% year over year), operating margin 30.3%, net earnings $27.8M, operating cash flow $139M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $252M | +0.9% | +3% |
| Operating profit | $76.6M | -9% | +3% |
| Net earnings | $27.8M | -20% | +9% |
| Operating cash flow | $139M | +84% | +7% |
| Free cash flow | $87.7M | +69% | -13% |
What changed
Revenue was $252.5M in Q4 2025, up 3% year over year and up 1% from the previous quarter. Contract operations revenue was the largest line at 98% of revenue.
Operating profit was $76.6M, a 30.3% margin (unchanged year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 30% margin then. Total costs grew 3% against revenue growth of 3%. Net earnings were $27.8M, up 9% year over year. The effective tax rate was 1.9%.
Operating cash flow was $139.5M (up 7% year over year), 502% of net earnings. Non-cash charges added back $72.4M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $37.8M. Capital expenditures of $51.7M left free cash flow of $87.7M.
Questions
What was USA Compression Partners, LP's revenue in the fourth quarter 2025?
USA Compression Partners, LP (USAC) reported revenue of $252M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +0.9% from the quarter before.
Was USA Compression Partners, LP profitable in the fourth quarter 2025?
Operating profit was $76.6M (30.3% of revenue) and net earnings $27.8M.