Natural Gas Services (NGS) Gross Margin (2010 - 2026)
Natural Gas Services (NGS) reported Gross Margin of 62.41% for Q1 2026, down 3272.0% on a YoY basis from 1.97% in Q1 2025, and up 9.8% sequentially from 56.84% in Q4 2025.
Natural Gas Services (NGS) Gross Margin (2010 - 2026) Analysis & Trends
Natural Gas Services (NGS) has 17 years of Gross Margin data on file, last reported at 62.41% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 3272.0% year-over-year to 62.41%; the trailing twelve-month figure through Mar 2026 stood at 68.93% (up 2125.0% YoY), and the FY2025 full-year result was 58.34%, up 221.0% from the prior year.
- Gross Margin climbed to 62.41% in Q1 2026, from 56.84% 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.
- A 5-year average of 45.62% and a median of 56.84% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 15136 bps in 2023 and soared 11006 bps in 2025, its largest moves.
- Tracing NGS's Gross Margin over 5 years: stood at 97.2% in 2022, then tumbled by 156 bps to 54.15% in 2023, then grew by 2 bps to 53.23% in 2024, then soared by 207 bps to 56.84% in 2025, then grew by 10 bps to 62.41% in 2026.
- Business Quant data shows NGS's Gross Margin at 62.41% in Q1 2026, 56.84% in Q4 2025, and 98.97% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | Natural Gas Services | 456.93 Mn | 454.61 Mn | 30.25 Mn | 62.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 16.81% |