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| Date | Value |
|---|---|
| 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% |