---
schema_version: "secwatch.filing_event.v1"
accession: "0001084991-23-000118"
form_type: "8-K"
ticker: "NGS"
cik: "0001084991"
company_name: "NATURAL GAS SERVICES GROUP INC"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:09:59.608731+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NGS Q3 rental revenue up 49% YoY to $27.7M; net income $2.2M vs loss of $80K

## Summary
- Rental revenue $27.7M, increase of 49% vs Q3 2022 and 15% vs Q2 2023.
- Net income of $2.2M ($0.18 per basic share) vs net loss of $80K in Q3 2022 and net income of $504K in Q2 2023.
- Adjusted EBITDA of $11.8M vs $7.7M in Q3 2022 and $9.9M in Q2 2023.
- Sequential improvement in net income and Adjusted EBITDA reflects strong demand for compression equipment.

## SEC filing metadata
- accession: 0001084991-23-000118
- form_type: 8-K
- ticker: NGS
- cik: 0001084991
- company_name: NATURAL GAS SERVICES GROUP INC
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084991/000108499123000118/0001084991-23-000118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084991/000108499123000118/ngs-20230930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084991-23-000118
- JSON: https://secwatch.observer/filing/0001084991-23-000118.json
- Plain text: https://secwatch.observer/filing/0001084991-23-000118.txt

## Key facts
- Earnings Releases
  NATURAL GAS SERVICES GROUP INC reported third quarter ended September 30, 2023 results: revenue $27.7 million, net income $2.2 million, EPS $0.18 per basic share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $27.7 million
  - Net income: $2.2 million
  - EPS: $0.18 per basic share
  - Result: reported results
  source text: Natural Gas Services Group, Inc. Reports Third Quarter 2023 Financial and Operating Results Third Quarter 2023 Highlights • Rental revenue of $27.7 million, an increase of 49% when compared to the third quarter of 2022 and 15% when compared to the second quarter of 2023. • Net income of $2.2 million, or $0.18 per basic share, as compared to a net loss of $80,000 in the third quarter of 2022 and net income of $504,000 in the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499123000118/0001084991-23-000118-index.htm

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