secwatch.observer — SEC 8-K summary
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Issuer:     NATURAL GAS SERVICES GROUP INC (NGS)
CIK:        0001084991
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001084991-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NGS reports record Q4 2025; rental rev up 16% YoY; guides 2026 EBITDA $90.5-95.5M
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- Q4 net income $4.1M ($0.32 diluted EPS) vs $2.9M ($0.23) YoY; record adjusted EBITDA $21.2M, up 17.6%.
- Rental revenue $44.3M, up 16.0% YoY; rented horsepower 563,000 (up 14.4%), utilization 84.9% (record).
- Full-year 2025 rental revenue $164.3M (+13.9%); net income $19.9M ($1.57 EPS) vs $17.2M ($1.37) in 2024.
- Initiated dividend in Q3 2025, increased 10% in Q4; $2.6M returned to shareholders in H2 2025.
- FY 2026 guidance: adj. EBITDA $90.5-$95.5M; growth capex $55-$70M; maintenance capex $15-$18M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084991/000108499126000017/0001084991-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084991/000108499126000017/ngs-20260316.htm
  HTML page:      https://secwatch.observer/filing/0001084991-26-000017

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