---
schema_version: "secwatch.filing_event.v1"
accession: "0001389050-24-000022"
form_type: "8-K"
ticker: "AROC"
cik: "0001389050"
company_name: "Archrock, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:31:31.203478+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Archrock Q1 2024 revenue $268.5M, net income $40.5M; raises FY2024 Adj. EBITDA guidance to $510-540M

## Summary
- Q1 revenue $268.5M (+17% YoY), net income $40.5M (+146% YoY); Adjusted EBITDA $131.0M vs $97.2M YoY.
- FY2024 Adjusted EBITDA guidance raised to $510-540M from $500-530M; net income guidance $144-174M.
- Contract ops revenue $223.1M (+19% YoY), gross margin 65% (vs 58% YoY); utilization 95%.
- Quarterly dividend raised 10% to $0.165/share, coverage 3.2x; leverage ratio improved to 3.2x from 4.1x.
- Share repurchase program extended with $50M capacity; 82,972 shares repurchased in Q1.

## SEC filing metadata
- accession: 0001389050-24-000022
- form_type: 8-K
- ticker: AROC
- cik: 0001389050
- company_name: Archrock, Inc.
- filed_at: 2024-05-01T23:59:59+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/1389050/000138905024000022/0001389050-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389050/000138905024000022/aroc-20240430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001389050-24-000022
- JSON: https://secwatch.observer/filing/0001389050-24-000022.json
- Plain text: https://secwatch.observer/filing/0001389050-24-000022.txt

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