---
schema_version: "secwatch.filing_event.v1"
accession: "0001522727-24-000024"
form_type: "8-K"
ticker: "USAC"
cik: "0001522727"
company_name: "USA Compression Partners, LP"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T17:56:28.498551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# USA Compression posts record Q1 revenue $229.3M, net income $23.6M; record utilization 94.8%

## Summary
- Total revenues $229.3M, up 16% YoY; net income $23.6M (vs $10.9M).
- Adjusted EBITDA $139.4M; Distributable Cash Flow $86.6M (coverage 1.41x).
- Average horsepower utilization 94.8% (record); revenue per HP $19.96 (record).
- Issued $1.0B 7.125% senior notes due 2029; redeemed $725M 6.875% notes.
- 280,000 Series A Preferred Units converted into 13.99M common units effective Apr 2, 2024.

## SEC filing metadata
- accession: 0001522727-24-000024
- form_type: 8-K
- ticker: USAC
- cik: 0001522727
- company_name: USA Compression Partners, LP
- filed_at: 2024-05-07T23:59:59+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/1522727/000152272724000024/0001522727-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522727/000152272724000024/usac-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001522727-24-000024
- JSON: https://secwatch.observer/filing/0001522727-24-000024.json
- Plain text: https://secwatch.observer/filing/0001522727-24-000024.txt

## Key facts
- Earnings Releases
  USA Compression Partners, LP reported financial results for first-quarter 2024.
  - Period: first-quarter 2024
  - Result: reported results
  source text: On May 7, 2024, USA Compression Partners, LP issued a press release with respect to its financial and operating results for first-quarter 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522727/000152272724000024/0001522727-24-000024-index.htm

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