NGSG FY2025 net income rises 15.7% to USD 19.93 million

Reuters03-17
NGSG FY2025 net income rises 15.7% to USD 19.93 million

Natural Gas Services Group filed its FY 2025 Form 10-K reporting net income of USD 19.93 million, up 15.7%. Total revenue rose 9.9% to USD 172.32 million, driven primarily by higher rented horsepower and units utilized. Rental revenue increased 13.9% to USD 164.33 million, reflecting growing demand for large horsepower units (400 horsepower and greater) that carry higher rental rates. Adjusted EBITDA climbed 16.5% to USD 80.97 million, while SG&A expenses rose 6.7% to USD 22.41 million. Net cash provided by operating activities was USD 62.93 million, and credit facility borrowings ended the period at USD 230 million.

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