---
schema_version: "secwatch.filing_event.v1"
accession: "0001389050-23-000019"
form_type: "8-K"
ticker: "AROC"
cik: "0001389050"
company_name: "Archrock, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:42:46.798276+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Archrock Q1 revenue $229.8M, net income $16.5M; record 94% utilization

## Summary
- Revenue $229.8M (+17% YoY), net income $16.5M (vs $1.7M), Adjusted EBITDA $97.2M (vs $81.4M).
- Record utilization of 94% at period end, operating horsepower 3.5M (up from 84% and 3.3M YoY).
- Declared $0.15/sh dividend (2.0x coverage) and announced $50M share repurchase authorization.
- Trending toward high end of 2023 Adjusted EBITDA guidance of $400-430M; leverage 4.1x.
- Contract ops revenue $187.7M (+15% YoY); aftermarket services revenue $42.1M (+25% YoY).

## SEC filing metadata
- accession: 0001389050-23-000019
- form_type: 8-K
- ticker: AROC
- cik: 0001389050
- company_name: Archrock, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389050/000138905023000019/0001389050-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389050/000138905023000019/aroc-20230502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001389050-23-000019
- JSON: https://secwatch.observer/filing/0001389050-23-000019.json
- Plain text: https://secwatch.observer/filing/0001389050-23-000019.txt

## Key facts
- Earnings Releases
  Archrock, Inc. reported the first quarter of 2023 results: revenue $229.8 million, net income $16.5 million.
  - Period: the first quarter of 2023
  - Revenue: $229.8 million
  - Net income: $16.5 million
  - Result: reported results
  source text: Revenue for the first quarter of 2023 was $229.8 million compared to $197.2 million in the first quarter of 2022. ● Net income for the first quarter of 2023 was $16.5 million compared to $1.7 million in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389050/000138905023000019/0001389050-23-000019-index.htm

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