NATURAL GAS SERVICES GROUP INC
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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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.
Sep 30, 2026 · Filed Nov 9, 2026
NGS$28.74-1.1%Stored close · as of Nov 10, 2026
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Unaudited Condensed Consolidated Statements of Cash Flows
| NATURAL GAS SERVICES GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited) | ||
|---|---|---|
| Nine months ended | ||
| September 30, | ||
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $16,203 | $15,826 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 35,067 | 26,854 |
| Inventory allowance | — | 61 |
| Retirement of rental equipment | 412 | 728 |
| Gain on disposition of assets, net | (98) | (224) |
| Amortization of technology implementation costs | 274 | — |
| Amortization of debt issuance costs | 1,197 | 838 |
| Deferred income taxes | 6,028 | 4,800 |
| Stock-based compensation | 2,439 | 1,550 |
| Provision for credit losses | 109 | 241 |
| Loss (gain) on company owned life insurance | 134 | (57) |
| Changes in operating assets and liabilities: | ||
| Trade accounts receivables | (3,459) | 1,775 |
| Inventory | (2,993) | (3,518) |
| Prepaid expenses, income taxes receivable and prepayments | 13,503 | (1,297) |
| Accounts payable and accrued liabilities | (1,542) | 3,887 |
| Other | (2,058) | (2,402) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 65,216 | 49,062 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of rental equipment, property and other equipment | (59,953) | (86,926) |
| Acquisition, net of cash acquired | (108,680) | — |
| Proceeds received from insurance for damages to equipment | — | 96 |
| Proceeds from disposition of assets, net | 38 | 9 |
| NET CASH USED IN INVESTING ACTIVITIES | (168,595) | (86,821) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from credit facility borrowings | 169,000 | 48,122 |
| Repayments of credit facility borrowings | (59,000) | (10,122) |
| Payments of other long-term liabilities | (183) | — |
| Payments of debt issuance costs | (1,204) | (1,278) |
| Proceeds from exercise of stock options | 1,086 | 155 |
| Payment of dividends | (5,214) | (1,254) |
| Taxes paid related to net share settlement of equity awards | (398) | (6) |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 104,087 | 35,617 |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | 708 | (2,142) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | — | 2,142 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | $708 | $— |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Interest paid, net of amounts capitalized | $13,018 | $10,722 |
| Income taxes paid, net of (refunds) received | $(11,621) | $204 |
| NON-CASH INVESTING AND FINANCING TRANSACTIONS: | ||
| Transfer of property and equipment to assets held for sale | $10,279 | $2,227 |
| Accrued purchases of property and equipment | $2,412 | $6,940 |
| Right-of-use assets acquired through an operating lease | $1,632 | $1,053 |
| Common stock issued in connection with acquisition | $9,999 | $— |
| Common stock issued to settle liability-classified awards | $413 | $— |
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