Archrock reported second-quarter 2026 revenue of $371.2 million, down 3.1% year-over-year, and EPS of $0.38, up 5.6% from the prior-year period. The company tightened its full-year 2026 Adjusted EBITDA guidance, lowering the high end of the range due to higher costs and weakness in its aftermarket services segment.
Key Highlights
- Full-year 2026 Adjusted EBITDA guidance was tightened to $865-$885 million from a prior range of $865-$915 million, reflecting higher costs and softness in the Aftermarket Services segment.
- Aftermarket services revenue declined 35% year-over-year to $42.0 million, attributed to the absence of non-recurring sales and reduced customer demand for maintenance.
- The company increased its quarterly dividend by 10% year-over-year to $0.23 per share and improved its leverage ratio to 2.6x from 3.3x a year ago.