Natural Gas Services Group Inc. (NGS) Financial Statements (2026 and earlier)

Company Profile

Business Address 404 VETERANS AIRPARK LANE
MIDLAND, TX 79705
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2,1422,7463,37222,94228,925
Cash and cash equivalent 2,1422,7463,37222,94228,925
Receivables32,55326,90850,72426,20621,92723,422
Inventory, net of allowances, customer advances and progress billings20,64718,05121,63923,41419,32919,926
Inventory20,64718,05121,63923,41419,32919,926
Prepaid expense    105166
Asset, held-for-sale, not part of disposal group2,227     
Other undisclosed current assets1,6961,0751,1621,145854379
Total current assets:57,12348,17676,27154,14765,10372,718
Noncurrent Assets
Inventory, Noncurrent   7011,5571,5821,065
Finance lease, right-of-use asset, after accumulated amortization   1,045   
Operating lease, right-of-use asset 2,373607210349285483
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization20,51922,98920,55022,17620,82821,749
Intangible asset, including goodwill, after accumulated amortization   7759001,0251,151
Intangible asset, excluding goodwill, after accumulated amortization   7759001,0251,151
Other noncurrent assets10,6196,3426,7832,6672,6982,050
Other undisclosed noncurrent assets496,152414,414372,394246,450206,985207,585
Total noncurrent assets:529,663444,352402,458274,099233,403234,083
TOTAL ASSETS:586,786492,528478,729328,246298,506306,801
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24,51017,35832,71330,20718,8989,143
Accounts payable14,0489,67017,6286,4814,7952,373
Accrued liabilities10,4627,68815,08523,72614,1036,770
Deferred revenue    371,3121,103
Debt      417
Other undisclosed current liabilities    15568198
Total current liabilities:24,51017,35832,71330,39920,27810,861
Noncurrent Liabilities
Long-term debt and lease obligation230,000170,000164,00025,000217285
Long-term debt, excluding current maturities230,000170,000164,00025,000  
Liabilities, other than long-term debt57,56050,11346,12242,77142,10144,111
Deferred income tax liabilities52,53045,87341,63639,79839,28841,890
Other liabilities5,0304,2404,4862,7792,8132,221
Operating lease, liability    194217285
Total noncurrent liabilities:287,560220,113210,12267,77142,31844,396
Total liabilities:312,070237,471242,83598,17062,59655,257
Equity
Equity, attributable to parent274,716255,057235,894230,076235,910251,544
Common stock138138137135134133
Treasury stock, value(15,004)(15,004)(15,004)(15,004)(8,344)(490)
Additional paid in capital120,811118,415116,480115,411114,017112,615
Retained earnings168,771151,508134,281129,534130,103139,286
Total equity:274,716255,057235,894230,076235,910251,544
TOTAL LIABILITIES AND EQUITY:586,786492,528478,729328,246298,506306,801

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues172,315156,742121,16784,82572,42068,055
Cost of revenue(110,121)(101,461)(93,855)(70,877)(74,058)(60,934)
Cost of product and service sold(71,778)(68,756)(57,500)(38,790)(37,744)(29,404)
Gross profit:62,19455,28127,31213,948(1,638)7,121
Operating expenses(24,896)(21,956)(16,855)(13,517)(10,770)(10,720)
Operating income (loss):37,29833,32510,457431(12,408)(3,599)
Nonoperating income (expense)(10,767)(11,659)(3,837)(472)622615
Investment income, nonoperating2,444     
Other nonoperating income (expense)354268245(108)687629
Interest and debt expense(13,565)(11,927)(4,082)(364)(65)(14)
Income (loss) from continuing operations before equity method investments, income taxes:12,9669,7392,538(405)(11,851)(2,998)
Other undisclosed income from continuing operations before income taxes13,56511,9274,0823646514
Income (loss) from continuing operations before income taxes:26,53121,6666,620(41)(11,786)(2,984)
Income tax expense (benefit)(6,603)(4,439)(1,873)(528)2,6034,792
Income (loss) from continuing operations:19,92817,2274,747(569)(9,183)1,808
Income (loss) before gain (loss) on sale of properties:✕✕✕✕✕(9,183)1,808
Net income (loss) available to common stockholders, diluted:19,92817,2274,747(569)(9,183)1,808

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):19,92817,2274,747(569)(9,183)1,808
Comprehensive income (loss), net of tax, attributable to parent:19,92817,2274,747(569)(9,183)1,808

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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