Natural Gas Services Group (NGS) Revenue & Revenue Breakdown

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Natural Gas Services Group Revenue Highlights

Latest Revenue (Y)

$121.17M

Latest Revenue (Q)

$40.69M

Main Segment (Y)

Other Parts Rebuilds

Natural Gas Services Group Revenue by Period

Natural Gas Services Group Revenue by Year

Date	Revenue	Change
2023-12-31	$121.17M	42.84%
2022-12-31	$84.83M	17.13%
2021-12-31	$72.42M	6.41%
2020-12-31	$68.06M	-13.24%
2019-12-31	$78.44M	19.80%
2018-12-31	$65.48M	-3.27%
2017-12-31	$67.69M	-5.53%
2016-12-31	$71.65M	-25.30%
2015-12-31	$95.92M	-1.09%
2014-12-31	$96.97M	8.66%
2013-12-31	$89.25M	-4.77%
2012-12-31	$93.72M	43.84%
2011-12-31	$65.16M	20.87%
2010-12-31	$53.91M	-20.48%
2009-12-31	$67.80M	-20.55%
2008-12-31	$85.34M	17.72%
2007-12-31	$72.49M	15.56%
2006-12-31	$62.73M	27.21%
2005-12-31	$49.31M	209.00%
2004-12-31	$15.96M	25.17%
2003-12-31	$12.75M	23.82%
2002-12-31	$10.30M	17.51%
2001-12-31	$8.76M	-

Natural Gas Services Group generated $121.17M in revenue during NA 2023, up 42.84% compared to the previous quarter, and up 185.05% compared to the same period a year ago.

Natural Gas Services Group Revenue by Quarter

Date	Revenue	Change
2024-09-30	$40.69M	5.70%
2024-06-30	$38.49M	4.29%
2024-03-31	$36.91M	1.89%
2023-12-31	$36.22M	15.47%
2023-09-30	$31.37M	16.37%
2023-06-30	$26.96M	1.27%
2023-03-31	$26.62M	11.75%
2022-12-31	$23.82M	14.84%
2022-09-30	$20.74M	4.10%
2022-06-30	$19.93M	-2.02%
2022-03-31	$20.34M	12.80%
2021-12-31	$18.03M	-1.18%
2021-09-30	$18.25M	2.79%
2021-06-30	$17.75M	-3.52%
2021-03-31	$18.40M	8.25%
2020-12-31	$17.00M	7.80%
2020-09-30	$15.77M	-9.42%
2020-06-30	$17.41M	-2.71%
2020-03-31	$17.89M	-9.22%
2019-12-31	$19.71M	-5.50%
2019-09-30	$20.85M	4.81%
2019-06-30	$19.89M	10.58%
2019-03-31	$17.99M	11.33%
2018-12-31	$16.16M	-1.44%
2018-09-30	$16.40M	-9.93%
2018-06-30	$18.20M	23.69%
2018-03-31	$14.72M	-11.66%
2017-12-31	$16.66M	4.69%
2017-09-30	$15.91M	-1.88%
2017-06-30	$16.22M	-14.20%
2017-03-31	$18.90M	13.17%
2016-12-31	$16.70M	3.23%
2016-09-30	$16.18M	-5.89%
2016-06-30	$17.19M	-20.31%
2016-03-31	$21.58M	-16.23%
2015-12-31	$25.75M	21.53%
2015-09-30	$21.19M	-12.53%
2015-06-30	$24.23M	-2.07%
2015-03-31	$24.74M	-8.71%
2014-12-31	$27.10M	5.87%
2014-09-30	$25.60M	16.61%
2014-06-30	$21.95M	-1.66%
2014-03-31	$22.32M	-3.54%
2013-12-31	$23.14M	5.84%
2013-09-30	$21.86M	7.93%
2013-06-30	$20.26M	-15.53%
2013-03-31	$23.98M	1.85%
2012-12-31	$23.55M	22.07%
2012-09-30	$19.29M	-21.29%
2012-06-30	$24.51M	-7.08%
2012-03-31	$26.38M	41.46%
2011-12-31	$18.64M	5.33%
2011-09-30	$17.70M	28.66%
2011-06-30	$13.76M	-8.61%
2011-03-31	$15.05M	-7.15%
2010-12-31	$16.21M	13.82%
2010-09-30	$14.24M	19.70%
2010-06-30	$11.90M	3.05%
2010-03-31	$11.55M	-21.08%
2009-12-31	$14.63M	-10.66%
2009-09-30	$16.38M	-2.25%
2009-06-30	$16.76M	-16.32%
2009-03-31	$20.02M	-8.89%
2008-12-31	$21.98M	-11.89%
2008-09-30	$24.95M	28.07%
2008-06-30	$19.48M	2.88%
2008-03-31	$18.93M	-2.92%
2007-12-31	$19.50M	-

Natural Gas Services Group generated $40.69M in revenue during Q3 2024, up 5.70% compared to the previous quarter, and up 150.93% compared to the same period a year ago.

Natural Gas Services Group Revenue Breakdown

Natural Gas Services Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Other Parts Rebuilds	$7.03M	$4.73M	$4.63M	$2.96M	$3.62M
Compressor Related	$1.80M	$3.60M	$1.89M	$2.21M	$15.19M
Aftermarket Services	$6.09M	-	-	-	-
Flares Related	$87.00K	$239.00K	$365.00K	$489.00K	$959.00K
Service And Maintenance	-	$1.79M	$1.91M	$1.57M	$1.98M

Natural Gas Services Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Other Parts Rebuilds (46.87%), Aftermarket Services (40.56%), Compressor Related (11.99%), and Flares Related (0.58%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Aftermarket Services	$1.49M	$1.29M	$670.00K	$3.84M	$2.25M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Compressor Related	$383.00K	$58.00K	$1.28M	$586.00K	$207.00K	$38.00K	$969.00K	$1.35M	-	$286.00K	$1.97M	-	-	-	$1.89M	-	-	$1.36M	$852.00K	$2.99M
Other Parts Rebuilds	$1.46M	$2.21M	$1.22M	$2.33M	$1.21M	$1.47M	$2.02M	$1.23M	$1.66M	$923.00K	$925.00K	$910.00K	$1.40M	$1.54M	$774.00K	$1.48M	$469.00K	$488.00K	$518.00K	$785.00K
Flares Related	-	-	-	$1.00K	-	$86.00K	$25.00K	$131.00K	$83.00K	-	$216.00K	$74.00K	$29.00K	$46.00K	$181.00K	$67.00K	$160.00K	$80.00K	$176.00K	-
Serviceand Maintenance	-	-	-	-	-	$1.26M	$905.00K	$326.00K	$490.00K	$314.00K	$578.00K	$563.00K	$345.00K	$368.00K	$266.00K	$340.00K	-	-	-	-

Natural Gas Services Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Aftermarket Services (44.75%), Other Parts Rebuilds (43.76%), and Compressor Related (11.48%).

Natural Gas Services Group Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Dec 18	Sep 18	Jun 18	Mar 18
Compressor Related	$969.00K	$1.35M	-	$286.00K	$1.97M	-	-	-	$1.89M	-	-	$1.36M	$852.00K	$2.99M	$4.70M	$4.79M	$1.54M	$2.89M	$4.74M	$1.83M
Other Parts Rebuilds	$2.02M	$1.23M	$1.66M	$923.00K	$925.00K	$910.00K	$1.40M	$1.54M	$774.00K	$1.48M	$469.00K	$488.00K	$518.00K	$785.00K	$931.00K	$920.00K	$694.00K	$720.00K	-	-
Serviceand Maintenance	$905.00K	$326.00K	$490.00K	$314.00K	$578.00K	$563.00K	$345.00K	$368.00K	$266.00K	$340.00K	$541.00K	$509.00K	$410.00K	-	-	-	-	-	-	-
Flares Related	-	$25.00K	$131.00K	$83.00K	-	$216.00K	$74.00K	$29.00K	$46.00K	$181.00K	$67.00K	$160.00K	$80.00K	$176.00K	$243.00K	$106.00K	$708.00K	$336.00K	$969.00K	$522.00K
Other (Parts / Rebuilds)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$679.00K	$4.84M
Service and Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$394.00K	$249.00K

Natural Gas Services Group's latest quarterly revenue breakdown by geography, as of Mar 23: Other Parts Rebuilds (51.91%), Compressor Related (24.87%), and Serviceand Maintenance (23.22%).

Natural Gas Services Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MRC	MRC Global	$3.41B	$2.74B
EFXT	Enerflex	$3.16B	$860.40M
OII	Oceaneering	$2.42B	$679.81M
RES	RPC	$1.62B	$337.65M
HLX	Helix Energy Solutions Group	$1.29B	$342.42M
AROC	Archrock	$990.34M	$270.53M
NOA	North American Construction Group	$957.22M	$297.03M
OIS	Oil States	$782.28M	-
NR	Newpark Resources	$749.60M	$-188.15M
FET	Forum Energy	$738.90M	$207.81M
RNGR	Ranger Energy Services	$636.60M	$153.00M
GEOS	Geospace	$135.60M	$25.86M
NGS	Natural Gas Services Group	$121.17M	$40.69M

NGS Revenue FAQ

What is Natural Gas Services Group’s yearly revenue?

Natural Gas Services Group's yearly revenue for 2023 was $121.17M, representing an increase of 42.84% compared to 2022. The company's yearly revenue for 2022 was $84.82M, representing an increase of 17.13% compared to 2021. NGS's yearly revenue for 2021 was $72.42M, representing an increase of 6.41% compared to 2020.

What is Natural Gas Services Group’s quarterly revenue?

Natural Gas Services Group's quarterly revenue for Q3 2024 was $40.69M, a 5.70% increase from the previous quarter (Q2 2024), and a 29.70% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $38.49M, a 4.29% increase from the previous quarter (Q1 2024), and a 42.79% increase year-over-year (Q2 2023). NGS's quarterly revenue for Q1 2024 was $36.91M, a 1.89% increase from the previous quarter (Q4 2023), and a 38.64% increase year-over-year (Q1 2023).

What is Natural Gas Services Group’s revenue growth rate?

Natural Gas Services Group's revenue growth rate for the last 3 years (2021-2023) was 67.31%, and for the last 5 years (2019-2023) was 54.46%.

What are Natural Gas Services Group’s revenue streams?

Natural Gas Services Group's revenue streams in c 23 are Other Parts Rebuilds, Compressor Related, Aftermarket Services, and Flares Related. Other Parts Rebuilds generated $7.03M in revenue, accounting 46.87% of the company's total revenue, up 48.77% year-over-year. Compressor Related generated $1.8M in revenue, accounting 11.99% of the company's total revenue, down -50.01% year-over-year. Aftermarket Services generated $6.09M in revenue, accounting 40.56% of the company's total revenue Flares Related generated $87K in revenue, accounting 0.58% of the company's total revenue, down -63.60% year-over-year.

What is Natural Gas Services Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Natural Gas Services Group was Other Parts Rebuilds. This segment made a revenue of $7.03M, representing 46.87% of the company's total revenue.