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