--- title: "Archrock | 8-K: FY2025 Q4 Revenue Misses Estimate at USD 377.07 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/276874944.md" datetime: "2026-02-25T11:04:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276874944.md) - [en](https://longbridge.com/en/news/276874944.md) - [zh-HK](https://longbridge.com/zh-HK/news/276874944.md) --- # Archrock | 8-K: FY2025 Q4 Revenue Misses Estimate at USD 377.07 M Revenue: As of FY2025 Q4, the actual value is USD 377.07 M, missing the estimate of USD 378.04 M. EPS: As of FY2025 Q4, the actual value is USD 0.67, beating the estimate of USD 0.3875. EBIT: As of FY2025 Q4, the actual value is USD 190.85 M. Archrock, Inc. reported strong financial results for the fourth quarter and full year 2025, driven by growth in both its Contract Operations and Aftermarket Services segments, alongside strategic capital allocation and shareholder returns . #### Financial Highlights - **Revenue:** Fourth quarter 2025 revenue was $377.1 million, up from $326.4 million in the fourth quarter of 2024. Full year 2025 revenue reached $1,489.8 million, compared to $1,157.6 million in 2024 . - **Net Income:** Fourth quarter 2025 net income was $116.8 million, an increase of approximately 95% from $59.8 million in the fourth quarter of 2024. Full year 2025 net income was $322.3 million, up from $172.2 million in 2024 . - **Adjusted Net Income (Non-GAAP):** Fourth quarter 2025 adjusted net income was $118.3 million, compared to $61.5 million in the fourth quarter of 2024. Full year 2025 adjusted net income was $332.7 million, compared to $185.2 million in 2024 . - **Adjusted EBITDA (Non-GAAP):** Fourth quarter 2025 adjusted EBITDA was $269.4 million, up from $183.8 million in the fourth quarter of 2024. Full year 2025 adjusted EBITDA was $900.9 million, compared to $595.4 million in 2024. Excluding discrete items, full-year 2025 adjusted EBITDA would have been $846.4 million, within the guidance range of $835 million to $850 million . #### Shareholder Returns - Archrock, Inc. returned $211.8 million to stockholders through dividends and share repurchases during 2025, a more than 70% increase compared to $123.7 million in 2024 . - A quarterly dividend of $0.22 per common share was declared for the fourth quarter of 2025, approximately 16% higher than the fourth quarter of 2024, resulting in dividend coverage of 4.9x . - During the fourth quarter of 2025, Archrock, Inc. repurchased 647,480 shares for approximately $15.8 million . - From April 2023 through December 31, 2025, 4,461,311 shares were repurchased for an aggregate of $92.4 million . - The Board of Directors approved an additional $100 million for the share repurchase program through December 31, 2026, leaving $117.7 million available capacity as of December 31, 2025 . #### Segment Performance - **Contract Operations:** Revenue for the fourth quarter of 2025 was $327.1 million, a 14% increase from $286.5 million in the fourth quarter of 2024. Adjusted gross margin for the fourth quarter of 2025 was $256.6 million, up 28% from $200.2 million in the fourth quarter of 2024. The adjusted gross margin percentage was 78% in the fourth quarter of 2025, compared to 70% in the fourth quarter of 2024, or 71.5% excluding a $22.9 million cash net benefit from tax settlements. Total operating horsepower at the end of the fourth quarter of 2025 was 4.6 million, up from 4.2 million at the end of the fourth quarter of 2024. Fleet utilization was 95.5% at the end of the fourth quarter of 2025. Archrock, Inc. sold approximately 123,000 total horsepower in Q4 2025 for $78 million in cash . - **Aftermarket Services:** Revenue for the fourth quarter of 2025 was $50.0 million, compared to $40.0 million in the fourth quarter of 2024. Adjusted gross margin was $12.0 million, compared to $9.1 million in the fourth quarter of 2024. The adjusted gross margin percentage was 24% in the fourth quarter of 2025, compared to 23% in the fourth quarter of 2024 . #### Balance Sheet & Cash Flow - **Long-term debt:** $2.4 billion at December 31, 2025, down from $2.56 billion at September 30, 2025, and up from $2.2 billion at December 31, 2024 . - **Available liquidity:** $579 million at December 31, 2025 . - **Leverage ratio:** 2.69x as of December 31, 2025, down from 3.3x at December 31, 2024 . - **Net cash provided by operating activities:** $214.477 million for Q4 2025 and $622.107 million for full year 2025, compared to $124.338 million and $429.591 million for the respective periods in 2024 . - **Cash available for dividend (Non-GAAP):** $188.866 million for Q4 2025 and $581.905 million for full year 2025, compared to $118.089 million and $364.595 million for the respective periods in 2024 . - **Adjusted free cash flow (Non-GAAP):** $199.962 million for Q4 2025 and $15.208 million for full year 2025, compared to $68.945 million and - $730.472 million for the respective periods in 2024 . - **Adjusted free cash flow after dividend (Non-GAAP):** $163.086 million for Q4 2025 and - $126.394 million for full year 2025, compared to $38.255 million and - $840.846 million for the respective periods in 2024 . #### 2026 Annual Guidance Archrock, Inc. anticipates continued steady demand for natural gas compression services, particularly in large-horsepower and electric-motor-drive segments. The company plans $250 million to $275 million in growth capital expenditures to support customer expansion plans, which is expected to drive substantial free cash flow generation. Full year 2026 guidance includes net income between $306 million and $356 million, adjusted EBITDA between $865 million and $915 million, and cash available for dividend between $572 million and $602 million . ### Related Stocks - [AROC.US](https://longbridge.com/en/quote/AROC.US.md) ## Related News & Research - [Archrock subsidiary launches $500M notes offering](https://longbridge.com/en/news/271653158.md) - [XTI Aerospace Reports Fourth Quarter and Full Year 2025 Results | UMAC Stock News](https://longbridge.com/en/news/282848031.md) - [Starco Brands Reports Fourth Quarter and Full Year 2025 Financial Results | STCB Stock News](https://longbridge.com/en/news/282750407.md) - [FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2025 RESULTS | FGI Stock News](https://longbridge.com/en/news/282244374.md) - [Nanalysis Announces Fourth Quarter and Full Year 2025 Results | NSCIF Stock News](https://longbridge.com/en/news/282091478.md)