Archrock Inc

Latest Results (21.11.2025):

Archrock Inc third quarter of 2025: the company reported strong operational and financial performance with revenue up to $382.4 million, net income of $71.2 million (EPS $0.40), and raised full‑year adjusted EBITDA guidance; management highlighted fleet growth, high utilization and continued demand for natural gas compression services.

Revenue & Earnings

Q3 2025 revenue was $382.4M vs $292.2M in Q3 2024; net income was $71.2M (EPS $0.40) vs $37.5M ($0.22) a year earlier.

Adjusted Results

Adjusted net income was $73.2M (adjusted EPS $0.42) and adjusted EBITDA was $220.9M, up from $47.3M/$0.28 and $150.9M, respectively, in Q3 2024.

Margins & Operations

Contract operations adjusted gross margin rose to $239.6M (73% of segment revenue; 70% ex a $9.9M tax benefit). Contract operations revenue was $326.3M, up 33% year‑over‑year.

Fleet & Utilization

Total operating horsepower ended Q3 at 4.7M (vs 4.2M a year ago) with utilization at 96% (95% in Q3 2024); fleet grew sequentially by ~56,000 HP after asset sales adjustments.

Shareholder Returns

Declared quarterly dividend of $0.21/share (≈20% YoY increase) with dividend coverage of 3.7x; returned $159.1M to stockholders YTD through dividends and repurchases and repurchased ~1.09M shares (~$25.4M) in Q3.

Balance Sheet & Liquidity

Long‑term debt was $2.6B, available liquidity $728M, and leverage ratio improved to 3.1x (from 3.6x a year earlier).

Capital Allocation & Guidance

Raised full‑year 2025 adjusted EBITDA guidance to $835–$850M; full‑year net income guidance of $265.2–$280.2M; growth capex guidance ~$345–$355M and management sees ~ $250M minimum growth capex need in 2026 across basins.

One‑time Items & Adjustments

Q3 2025 included a $4.7M non‑cash impairment, $1.8M transaction costs and $0.7M restructuring. Adjusted EBITDA benefited from a $9.9M sales/use tax audit settlement and included $3.8M of asset sale gains, partially offset by a $3.6M non‑recurring amendment fee.