Natural Gas Services (NGS) Gross Margin (2010 - 2026)

Natural Gas Services' (NGS) quarterly Gross Margin came in at 62.41% in Q1 2026, down 3272.0% year-on-year from 1.97% in Q1 2025, and down 36.41% quarter-over-quarter from 98.14% in Q4 2025.

Natural Gas Services (NGS) Gross Margin (2010 - 2026) Analysis & Trends

Natural Gas Services has disclosed Gross Margin across 17 years of filings, most recently posting 62.41% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 62.41%, down 3272.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 88.61% (up 3115.0% YoY), and the FY2025 annual result was 97.54%, up 4141.0% from the prior year.
  • Gross Margin came in at 62.41% for Q1 2026 at Natural Gas Services, down from 98.14% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 98.97% in Q3 2025 to a low of 54.15% in Q4 2023.
  • The 5-year median for Gross Margin is 92.77% (2022), against an average of 65.21%.
  • Across the five-year window, Gross Margin slumped 15136 bps in 2023 and soared 15137 bps in 2025, its largest moves.
  • Natural Gas Services' Gross Margin stood at 97.2% in 2022, then slumped by 156 bps to 54.15% in 2023, then increased by 2 bps to 53.23% in 2024, then surged by 284 bps to 98.14% in 2025, then sank by 36 bps to 62.41% in 2026.
  • The last three Gross Margin figures came in at 62.41% (Q1 2026), 98.14% (Q4 2025), and 98.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 53.57%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 22.98%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 37.69%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 59.67%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 5.80%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 76.04%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 66.20%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 64.46%
10 Natural Gas Services 501.72 Mn 499.41 Mn 30.25 Mn 62.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 62.41%
Dec 31, 2025 98.14%
Sep 30, 2025 98.97%
Jun 30, 2025 97.80%
Mar 31, 2025 95.13%
Dec 31, 2024 -53.23%
Sep 30, 2024 95.02%
Jun 30, 2024 94.16%
Mar 31, 2024 57.21%
Dec 31, 2023 -54.15%
Sep 30, 2023 95.20%
Jun 30, 2023 34.22%
Mar 31, 2023 16.94%
Dec 31, 2022 97.20%
Sep 30, 2022 90.55%
Jun 30, 2022 92.77%
Mar 31, 2022 90.22%
Dec 31, 2021 89.61%
Sep 30, 2021 91.43%
Jun 30, 2021 16.81%