---
schema_version: "secwatch.filing_event.v1"
accession: "0001084991-22-000048"
form_type: "8-K"
ticker: "NGS"
cik: "0001084991"
company_name: "NATURAL GAS SERVICES GROUP INC"
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T13:36:06.445192+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Natural Gas Services Group Q1 2022 net income $0.3M, rental revenue $17.1M

## Summary
- Net income of $0.3M ($0.03 EPS), improvement of $6.0M from Q4 2021 and $0.7M from Q1 2021.
- Rental revenue $17.1M, up 4% sequentially and 12% year-over-year.
- Adjusted EBITDA $6.8M, up 191% from Q4 2021 and 5% from Q1 2021.
- Company swung from net loss in Q4 2021 to profitability in Q1 2022.

## SEC filing metadata
- accession: 0001084991-22-000048
- form_type: 8-K
- ticker: NGS
- cik: 0001084991
- company_name: NATURAL GAS SERVICES GROUP INC
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084991/000108499122000048/0001084991-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084991/000108499122000048/ngs-20220516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084991-22-000048
- JSON: https://secwatch.observer/filing/0001084991-22-000048.json
- Plain text: https://secwatch.observer/filing/0001084991-22-000048.txt

## Key facts
- Earnings Releases
  NATURAL GAS SERVICES GROUP INC reported first quarter ended March 31, 2022 results: revenue $17.1 million, net income $0.3 million, EPS $0.03 income per basic and diluted share.
  - Period: first quarter ended March 31, 2022
  - Revenue: $17.1 million
  - Net income: $0.3 million
  - EPS: $0.03 income per basic and diluted share
  - Result: reported results
  source text: Natural Gas Services Group, Inc. Reports First Quarter 2022 Financial and Operating Results First Quarter 2022 Highlights • Net income of $0.3 million ($0.03 income per basic and diluted share) an improvement of $6.0 million when compared to the fourth quarter of 2021 and an increase of $0.7 million when compared to the first quarter of 2021. • Rental revenue of $17.1 million, an increase of 4% when compared to the fourth quarter of 2021 and 12% when compared to the first quarter of 2021. • Adjusted EBITDA of $6.8 million an increase of 191% when compared to the fourth quarter of 2021 and an increase of 5% when compared to the first quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499122000048/0001084991-22-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.