Natural Gas Services Group (NGS) Revenue & Revenue Breakdown
Natural Gas Services Group Revenue Highlights
Latest Revenue (Y)
$121.17M
Latest Revenue (Q)
$38.49M
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 |
|---|---|---|
| 2024-06-30 | $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 $38.49M in revenue during Q2 2024, up 4.29% compared to the previous quarter, and up 144.59% 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 |
|---|---|---|---|---|---|
| Aftermarket Services | $6.09M | - | - | - | - |
| Compressor Related | $1.80M | $3.60M | $1.89M | $2.21M | $15.19M |
| Flares Related | $87.00K | $239.00K | $365.00K | $489.00K | $959.00K |
| Other Parts Rebuilds | $7.03M | $4.73M | $4.63M | $2.96M | $3.62M |
| 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Parts Rebuilds | $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 | $931.00K |
| Compressor Related | $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 | $4.70M |
| Aftermarket Services | $1.29M | $670.00K | $3.84M | $2.25M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $243.00K | - |
| Serviceand Maintenance | - | - | - | - | $1.26M | $905.00K | $326.00K | $490.00K | $314.00K | $578.00K | $563.00K | $345.00K | $368.00K | $266.00K | $340.00K | $541.00K | - | - | - | - |
Natural Gas Services Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Other Parts Rebuilds (62.05%), Aftermarket Services (36.33%), and Compressor Related (1.63%).
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - | - |
| 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 | - | - |
| 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 | $806.00M |
| EFXT | Enerflex | $3.16B | $860.40M |
| OII | Oceaneering | $2.42B | $668.81M |
| RES | RPC | $1.62B | $364.15M |
| HLX | Helix Energy Solutions Group | $1.29B | $364.80M |
| 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 | $179.01M |
| FET | Forum Energy | $738.90M | $205.20M |
| RNGR | Ranger Energy Services | $636.60M | $138.10M |
| CCLP | CSI Compressco LP | $386.13M | $98.27M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| GEOS | Geospace | $124.51M | $25.86M |
| NGS | Natural Gas Services Group | $121.17M | $38.49M |
| DRQ | Dril-Quip | $2.56M | $110.30M |
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 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). The company'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). NGS's quarterly revenue for Q4 2023 was $36.22M, a 15.47% increase from the previous quarter (Q3 2023), and a 52.05% increase year-over-year (Q4 2022).
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 Aftermarket Services, Compressor Related, Flares Related, and Other Parts Rebuilds. Aftermarket Services generated $6.09M in revenue, accounting 40.56% of the company's total revenue Compressor Related generated $1.8M in revenue, accounting 11.99% of the company's total revenue, down -50.01% year-over-year. Flares Related generated $87K in revenue, accounting 0.58% of the company's total revenue, down -63.60% year-over-year. Other Parts Rebuilds generated $7.03M in revenue, accounting 46.87% of the company's total revenue, up 48.77% 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.