Natural Gas Services Group, Inc. (NGS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NGS Revenue Growth
Revenue Breakdown (FY 2025)
NGS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
NGS Revenue Analysis (2014–2025)
As of May 8, 2026, Natural Gas Services Group, Inc. (NGS) generated trailing twelve-month (TTM) revenue of $172.3 million, reflecting strong growth of +13.5% year-over-year. The most recent quarter (Q4 2025) recorded $46.1 million in revenue, up 6.3% sequentially.
Looking at the longer-term picture, NGS's 5-year compound annual growth rate (CAGR) stands at +20.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $172.3 million in 2025, representing a new all-time high.
Revenue diversification analysis shows NGS's business is primarily driven by Aftermarket Services (33%), Product Sales (33%), and Other Parts Rebuilds (18%).
When compared to Energy sector peers including USAC (+12.2% YoY), AROC (+22.7% YoY), and PUMP (-15.6% YoY), NGS has underperformed the peer group in terms of revenue growth. Compare NGS vs USAC →
NGS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NGSCurrent | $172M | +13.5% | +20.4% | 21.6% | |
 USAC | $998M | +12.2% | +8.4% | 31.9% | |
 AROC | $1.5B | +22.7% | +11.2% | 38.7% | |
 PUMP | $1.3B | -15.6% | +10.0% | 1.5% | |
 WTTR | $1.4B | -4.2% | +18.4% | 2.5% |
NGS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $172.3M | +9.9% | $100.5M | 58.3% | $37.3M | 21.6% |
| 2024 | $156.7M | +29.4% | $56.6M | 36.1% | $33.3M | 21.3% |
| 2023 | $121.2M | +42.8% | $32.2M | 26.5% | $10.5M | 8.6% |
| 2022 | $84.8M | +17.1% | $14.4M | 16.9% | $431K | 0.5% |
| 2021 | $72.4M | +6.4% | $1.7M | 2.3% | $-12,408,000 | -17.1% |
| 2020 | $68.1M | -13.2% | $7.4M | 10.9% | $-3,599,000 | -5.3% |
| 2019 | $78.4M | +19.8% | $10.9M | 13.9% | $-4,503,000 | -5.7% |
| 2018 | $65.5M | -3.3% | $9.7M | 14.9% | $638K | 1.0% |
| 2017 | $67.7M | -5.5% | $11.6M | 17.2% | $1.6M | 2.3% |
| 2016 | $71.7M | -25.3% | $18.0M | 25.1% | $8.4M | 11.8% |
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Start ComparisonNGS — Frequently Asked Questions
Quick answers to the most common questions about buying NGS stock.
Is NGS's revenue growth accelerating or slowing?
NGS maintains +13.5% revenue growth, in line with its 5-year CAGR of +20.4%. TTM revenue stands at $172M. Growth rate remains consistent with historical average.
What is NGS's long-term revenue growth rate?
Natural Gas Services Group, Inc.'s 5-year revenue CAGR of +20.4% reflects the sustained expansion pattern. Current YoY growth of +13.5% is near this long-term average.
How is NGS's revenue distributed by segment?
NGS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.