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
DateValue
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%