Natural Gas Services (NGS) Gross Margin (2010 - 2026)
Natural Gas Services (NGS) posted Gross Margin of 62.41% for Q1 2026, up 9.8% sequentially from 56.84% in Q4 2025, and down 3272.0% YoY from 1.97% in Q1 2025.
Natural Gas Services (NGS) Gross Margin (2010 - 2026) Analysis & Trends
Natural Gas Services has reported Gross Margin for 17 years, with the latest figure at 62.41% in Q1 2026.
- Quarterly Gross Margin fell 3272.0% year-over-year to 62.41% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 68.93% (up 2125.0% YoY) and the FY2025 annual result came in at 58.34%, up 221.0% from the prior year.
- Gross Margin climbed to 62.41% in Q1 2026 per NGS's latest filing, from 56.84% in the prior quarter.
- Over five years, Gross Margin peaked at 98.97% in Q3 2025 and troughed at 54.15% in Q4 2023.
- A 5-year average of 45.62% and a median of 56.84% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 15136 bps in 2023, then surged 11006 bps in 2025.
- Over 5 years, Gross Margin stood at 97.2% in 2022, then slumped by 156 bps to 54.15% in 2023, then gained by 2 bps to 53.23% in 2024, then soared by 207 bps to 56.84% in 2025, then gained by 10 bps to 62.41% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 62.41%, 56.84%, and 98.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 65.86% |
| 10 | Natural Gas Services | 450.33 Mn | 450.33 Mn | 30.81 Mn | 59.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.94% |
| Mar 31, 2026 | 62.41% |
| Dec 31, 2025 | 56.84% |
| Sep 30, 2025 | 98.97% |
| Jun 30, 2025 | 58.54% |
| Mar 31, 2025 | 95.13% |
| Dec 31, 2024 | -53.23% |
| Sep 30, 2024 | 56.27% |
| Jun 30, 2024 | 94.16% |
| Mar 31, 2024 | 57.21% |
| Dec 31, 2023 | -54.15% |
| Sep 30, 2023 | 58.92% |
| Jun 30, 2023 | 34.22% |
| Mar 31, 2023 | 16.94% |
| Dec 31, 2022 | 97.20% |
| Sep 30, 2022 | 38.95% |
| Jun 30, 2022 | 19.19% |
| Mar 31, 2022 | 38.01% |
| Dec 31, 2021 | 97.12% |
| Sep 30, 2021 | 91.43% |