Natural Gas Services (NGS) Operating Expenses (2010 - 2026)

Natural Gas Services (NGS) reported Operating Expenses of $35.4 million for Q1 2026, up 11.04% on a YoY basis from $31.9 million in Q1 2025, and down 9.33% sequentially from $39.0 million in Q4 2025.

Natural Gas Services (NGS) Operating Expenses (2010 - 2026) Analysis & Trends

Natural Gas Services (NGS) has 17 years of Operating Expenses data on file, last reported at $35.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 11.04% year-over-year to $35.4 million; the trailing twelve-month figure through Mar 2026 stood at $138.5 million (up 8.48% YoY), and the FY2025 full-year result was $135.0 million, up 9.4% from the prior year.
  • Operating Expenses eased to $35.4 million in Q1 2026, from $39.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $39.0 million in Q4 2025 to a low of $19.3 million in Q2 2022.
  • A 5-year average of $28.8 million and a median of $30.0 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slipped 12.88% in 2022 and soared 39.17% in 2023, its largest moves.
  • Tracing NGS's Operating Expenses over 5 years: stood at $22.8 million in 2022, then soared by 39.17% to $31.8 million in 2023, then advanced by 8.91% to $34.6 million in 2024, then gained by 12.77% to $39.0 million in 2025, then dropped by 9.33% to $35.4 million in 2026.
  • Business Quant data shows NGS's Operating Expenses at $35.4 million in Q1 2026, $39.0 million in Q4 2025, and $32.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 261.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -466.59 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 2.14 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 4.72 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 9.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 998.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 45.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 69.48 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 238.95 Mn
10 Natural Gas Services 456.93 Mn 454.61 Mn 30.25 Mn 35.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.39 Mn
Dec 31, 2025 39.04 Mn
Sep 30, 2025 32.65 Mn
Jun 30, 2025 31.46 Mn
Mar 31, 2025 31.88 Mn
Dec 31, 2024 34.62 Mn
Sep 30, 2024 31.23 Mn
Jun 30, 2024 29.99 Mn
Mar 31, 2024 27.59 Mn
Dec 31, 2023 31.78 Mn
Sep 30, 2023 26.47 Mn
Jun 30, 2023 26.25 Mn
Mar 31, 2023 26.22 Mn
Dec 31, 2022 22.84 Mn
Sep 30, 2022 22.34 Mn
Jun 30, 2022 19.27 Mn
Mar 31, 2022 19.95 Mn
Dec 31, 2021 26.21 Mn
Sep 30, 2021 19.81 Mn
Jun 30, 2021 20.04 Mn