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Archrock (AROC) investor relations material
Archrock Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was $370.8M vs. $382.4M YoY; net income rose to $84.5M from $71.2M and diluted EPS to $0.48 from $0.40.
Adjusted EBITDA increased to $228.4M from $220.9M; adjusted net income was $84.7M and Adjusted EPS was $0.49.
Bookings reached their highest quarterly level since Q2 2023 amid strong customer demand and a structurally tight compression market.
Financial highlights
Contract operations revenue rose 1.5% YoY to $331.2M; aftermarket services revenue fell to $39.7M from $56.2M.
Q3 adjusted gross margin was $247.8M vs. $252.6M; 9M adjusted gross margin increased to $739.7M from $711.8M.
9M revenue was $1.116B vs. $1.113B, and net income rose to $225.0M from $205.5M.
Q3 operating cash flow was $158.8M; Adjusted free cash flow was $49.6M and $9.0M after dividends.
Q3 CapEx was $117.9M: $78.4M growth, $33.3M maintenance and $6.2M other.
Outlook and guidance
FY2026 Adjusted EBITDA guidance was reaffirmed at $865M–$885M; total CapEx guidance remained $400M–$445M.
FY2026 CapEx includes $250M–$275M growth, $125M–$135M maintenance and $25M–$35M other capital, primarily new vehicles.
2027–2030 cumulative growth investment outlook remains $1.4B–$1.6B for ~1 million horsepower, primarily large-horsepower and electric-motor-drive compression.
About 50,000 horsepower deliveries were expected in Q4 after ~125,000 year to date; some Q4 deliveries are expected to start work in Q1.
- Record utilization and stronger earnings underpin FY2024 growth guidance.AROC
Q4 2023 - Strong growth, high margins, and sustainability focus drive resilient returns in U.S. compression.AROC
Investor presentation - Q2 2026 net income and EPS rose as contract operations growth offset aftermarket declines.AROC
Q2 2026 - Record utilization, strong financials, and sustainability investments drive 2026 growth outlook.AROC
Investor presentation - Q1 2026 revenue rose 8% to $373.8M, net income reached $73.8M, and EBITDA grew 12%.AROC
Q1 2026 - 2025 saw robust growth, strategic acquisitions, enhanced sustainability, and all proposals recommended for approval.AROC
Proxy Filing - Key votes include director elections, auditor ratification, and executive pay approval.AROC
Proxy Filing - Q2 revenue and net income surged, with a major accretive acquisition and dividend increase announced.AROC
Q2 2024 - Q1 2025 revenue and net income surged, guidance raised, and major acquisitions completed.AROC
Q1 2025
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