10-K · February 26, 2026
Archrock (AROC) reports accelerating revenue and margin expansion through 2025 driven by its large midstream compression fleet and contract operations business. Revenue grew from approximately $1,157M in 2024 to $1,489M…
Earnings analysis · 10-Q
AROC earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Archrock, Inc. reported Q1 2026 results with revenue of $373.8 million and EPS of $0.42, both falling short of estimates of $378.2 million and $0.48, marking a revenue miss of 1.1% and an EPS miss of 12.5%. Segment…
Read full summary
Archrock, Inc. reported Q1 2026 results with revenue of $373.8 million and EPS of $0.42, both falling short of estimates of $378.2 million and $0.48, marking a revenue miss of 1.1% and an EPS miss of 12.5%. Segment performance showed growth in contract operations while aftermarket services declined. Despite these challenges, adjusted gross margin increased thanks to improved operating efficiencies in the contract operations segment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.42
- Segment
- Contract Operations
- Segment
- Aftermarket Services
What stood out
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Revenue Growth in Contract Operations
Contract operations revenue increased to $330.9 million from $300.4 million, a growth of $30.5 million year-over-year.
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Net Income Increase
Net income rose to $73.8 million, compared to $70.9 million in Q1 2025.
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Higher Adjusted Gross Margin
Adjusted gross margin expanded to $247.4 million from $222.1 million year-over-year.
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Operating Cash Flow Improvement
Net cash provided by operating activities increased significantly to $185.9 million from $115.6 million in Q1 2025.
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Dividend Consistency Maintained
Quarterly dividend of $0.22 per share was declared on April 30, 2026, consistent with prior payments.
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Reduction in Capital Expenditures
Growth capital expenditures decreased to $64.9 million from $139.4 million in Q1 2025.
What to watch
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Revenue Below Expectations
Actual revenue was $373.8 million, missing estimates of $378.2 million by 1.1%.
-
EPS Shortfall
Earnings per share came in at $0.42, below the $0.48 consensus estimate, a miss of 12.5%.
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Increased SG&A Costs
Selling, general, and administrative expenses rose to $45.2 million from $37.2 million, indicating higher operating costs.
Management's outlook
Adjusted EBITDA guidance remains unchanged at $865 million to $915 million for 2026.
Earlier filings 4
10-Q · October 29, 2025
Archrock reported a strong quarter driven by acquisitions and organic growth: revenue of $382,430,000 (up $90,269,000 or +30.9% vs. Q3 2024) and diluted EPS of $0.40 (vs. $0.22 in Q3 2024). Gross margin expanded…
10-Q · May 6, 2025
Archrock, Inc. reported strong results for Q1 2025 with revenue of $347.2 million, up 29.3% year-over-year, and diluted EPS of $0.42, surpassing analysts' expectations. The company witnessed solid growth in both…
10-Q · November 12, 2024
Archrock reported a solid quarter with revenue of $292,161 (in thousands) and diluted EPS of $0.22 for the three months ended September 30, 2024, both up versus the prior-year quarter. Contract operations and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.