Natural Gas Services NGS
NYSE NGS
$37.28 -0.81 (-2.11%)
As of: Sep 10, 2026 · 2:36 PM EDT

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

Natural Gas Services' (NGS) quarterly Operating Expenses came in at $41.5 million in Q2 2026, up 31.86% year-over-year from $31.5 million in Q2 2025, and up 17.19% quarter-over-quarter from $35.4 million in Q1 2026.

Analysis

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

Natural Gas Services has disclosed Operating Expenses across 17 years of filings, most recently posting $41.5 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 31.86% year-over-year to $41.5 million; the TTM figure through Jun 2026 stood at $148.6 million (up 15.0% YoY), while the FY2025 annual figure was $135.0 million, up 9.4% from the prior year.
  • Operating Expenses came in at $41.5 million for Q2 2026 at Natural Gas Services, up from $35.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $41.5 million in Q2 2026 to a low of $19.3 million in Q2 2022.
  • Average Operating Expenses over 5 years is $29.5 million, with a median of $30.6 million recorded in 2024.
  • Year-over-year, Operating Expenses dropped 12.88% in 2022 and jumped 39.17% in 2023.
  • Over 5 years, Operating Expenses stood at $22.8 million in 2022, then jumped by 39.17% to $31.8 million in 2023, then climbed by 8.91% to $34.6 million in 2024, then advanced by 12.77% to $39.0 million in 2025, then advanced by 6.26% to $41.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $41.5 million in Q2 2026, $35.4 million in Q1 2026, and $39.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 83.61 Bn 79.54 Bn 4.63 Bn 324.00 Mn
2 Baker Hughes 58.75 Bn 43.02 Bn 1.58 Bn 723.00 Mn
3 Halliburton 30.20 Bn 28.15 Bn 2.10 Bn 4.94 Bn
4 Weatherford International 6.47 Bn 5.33 Bn 662.00 Mn 998.00 Mn
5 Kodiak Gas Services 6.06 Bn 5.92 Bn 246.76 Mn 266.88 Mn
6 Tidewater 4.59 Bn 3.98 Bn 161.54 Mn 279.76 Mn
7 USA Compression Partners 4.04 Bn 4.03 Bn 217.36 Mn 241.76 Mn
8 National Energy Services Reunited 3.42 Bn 3.23 Bn 81.29 Mn 12.02 Mn
9 Liberty Energy 3.41 Bn 2.85 Bn 208.34 Mn 1.18 Bn
10 Natural Gas Services 472.05 Mn 472.05 Mn 30.81 Mn 41.48 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 41.48 Mn
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