Parts was Natural Gas Services’s largest product and service line in fiscal 2023, bringing in $6.31M of $15.01M (42%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2023 |
|---|---|---|---|---|---|---|---|
| Rentals | $60.83M | $63.62M | — | ||||
| Sales | $5.66M | $6.88M | — | ||||
| Parts | — | — | $6.31M | ||||
| Aftermarket Services | — | — | $6.09M | ||||
| Other (Compressors/Rebuilds) | — | — | $2.61M | ||||
| Service Maintenance | $1.57M | $1.91M | — | ||||
| Total | $68.06M | $72.42M | $15.01M |
Natural Gas Services brought in $15.01M from its three product and service lines in fiscal 2023, the year ended December 31, 2023. Natural Gas Services regrouped these lines after fiscal 2021, so the total does not compare directly with that year's $72.42M. Parts was the largest at $6.31M (42.1%), ahead of Aftermarket Services at $6.09M (40.6%) and Other (Compressors/Rebuilds) at $2.61M (17.4%).
Natural Gas Services began breaking out Parts in fiscal 2023, Aftermarket Services in fiscal 2023 and Other (Compressors/Rebuilds) in fiscal 2023. Natural Gas Services stopped reporting Rentals ($63.62M in fiscal 2021), Sales ($6.88M in fiscal 2021) and Service Maintenance ($1.91M in fiscal 2021) as separate lines.
Natural Gas Services (NGS) reports its revenue by product and service. In fiscal 2023, Parts was its largest product and service line, bringing in $6.31M (42.1% of the total), followed by Aftermarket Services at $6.09M (40.6%).
Parts was Natural Gas Services' largest product and service line in fiscal 2023, bringing in $6.31M, or 42.1% of the $15.01M total across its three product and service lines.
Every figure comes from Natural Gas Services' annual financial filings, as reported. Each line keeps the name Natural Gas Services gives it, and years follow its fiscal calendar.
Natural Gas Services' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.