NATURAL GAS SERVICES GROUP INC
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 11, 2025
NGS$28.74-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Operations
| NATURAL GAS SERVICES GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except earnings per share)(unaudited) | ||||
|---|---|---|---|---|
| Three months ended · Six months ended | ||||
| June 30, | June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| Rental | $39,580 | $34,926 | $78,490 | $68,660 |
| Sales | 750 | 2,270 | 2,677 | 4,773 |
| Aftermarket services | 1,052 | 1,295 | 1,598 | 1,965 |
| Total revenue | 41,382 | 38,491 | 82,765 | 75,398 |
| Cost of revenue (excluding depreciation and amortization): | ||||
| Rental | 15,528 | 14,228 | 30,368 | 27,342 |
| Sales | 911 | 2,249 | 2,927 | 4,429 |
| Aftermarket services | 720 | 1,012 | 991 | 1,512 |
| Total cost of revenues (excluding depreciation and amortization) | 17,159 | 17,489 | 34,286 | 33,283 |
| Selling, general and administrative expense | 5,454 | 5,020 | 10,832 | 9,722 |
| Depreciation and amortization | 8,969 | 7,705 | 17,605 | 14,792 |
| Inventory allowance | — | — | 61 | — |
| Retirement of rental equipment | — | — | 728 | 5 |
| Gain on disposition of assets, net | (124) | (229) | (178) | (229) |
| Total operating costs and expenses | 31,458 | 29,985 | 63,334 | 57,573 |
| Operating income | 9,924 | 8,506 | 19,431 | 17,825 |
| Other income (expense): | ||||
| Interest expense | (3,243) | (2,932) | (6,413) | (5,867) |
| Other income (expense) | 104 | (30) | 103 | 163 |
| Total other income (expense), net | (3,139) | (2,962) | (6,310) | (5,704) |
| Income before income taxes | 6,785 | 5,544 | 13,121 | 12,121 |
| Provision for income taxes | (1,597) | (1,294) | (3,079) | (2,773) |
| Net income | $5,188 | $4,250 | $10,042 | $9,348 |
| Earnings per share: | ||||
| Basic | $0.42 | $0.34 | $0.81 | $0.75 |
| Diluted | $0.41 | $0.34 | $0.80 | $0.75 |
| Weighted average shares outstanding: | ||||
| Basic | 12,483 | 12,384 | 12,473 | 12,392 |
| Diluted | 12,625 | 12,483 | 12,629 | 12,484 |
| NATURAL GAS SERVICES GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(in thousands)(unaudited) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Common Stock · Additional Paid-In Capital · Retained Earnings · Treasury Stock · Total Stockholders’ Equity | |||||||||
| Shares · Amount · Shares · Amount · Shares · Amount | |||||||||
| January 1, 2024 | — | $— | 13,688 | $137 | $116,480 | $134,281 | 1,310 | $(15,004) | $235,894 |
| Stock-based compensation | — | — | — | — | 274 | — | — | — | 274 |
| Taxes paid related to net shares settlement of equity awards | — | — | 6 | — | — | — | — | — | — |
| Net income | — | — | — | — | — | 5,098 | — | — | 5,098 |
| March 31, 2024 | — | $— | 13,694 | $137 | $116,754 | $139,379 | 1,310 | $(15,004) | $241,266 |
| Stock-based compensation | — | — | — | — | 242 | — | — | — | 242 |
| Taxes paid related to net shares settlement of equity awards | — | — | 33 | — | (98) | — | — | — | (98) |
| Net income | — | — | — | — | — | 4,250 | — | — | 4,250 |
| June 30, 2024 | — | $— | 13,727 | $137 | $116,898 | $143,629 | 1,310 | $(15,004) | $245,660 |
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