Archrock (AROC) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Archrock published the results on November 2, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Archrock reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Archrock's Q3 2025 contract operations cost of sales included a $9.9 million net benefit from sales and use tax audit settlements, which flatters the year-ago margin.
• Archrock reports in thousands. Figures here are converted to millions.

Source: Archrock Q3 2026 results, November 2, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Archrock splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Archrock's Contract operations revenue was $331 million in Q3 2026, up 1% from $326 million in Q3 2025, 89% of total revenue.
• Archrock's Aftermarket services revenue was $39.7 million in Q3 2026, down 29% from $56.2 million in Q3 2025, 11% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Archrock's guidance reconciliation gives 2026 net income of $290.8 million to $310.8 million alongside the Adjusted EBITDA range. It gives no quarterly guidance.

In its Q3 2026 release, Archrock said:

“Reaffirmed full-year 2026 Adjusted EBITDA guidance of $865 million to $885 million.”

“2026 annual guidance for net income includes $10.1 million of long-lived and other asset impairment as of June 30, 2026, but does not include the impact of any future long-lived and other asset impairment because due to its nature, it cannot be accurately forecasted.”

Source: Archrock Q3 2026 release, Nov 2, 2026.

This is the company's own guidance as of Nov 2, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the AROC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and basic and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Archrock's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 2, 2026

Archrock rents and operates natural gas compression equipment for customers in the U.S. energy industry (contract operations) and sells parts and maintenance to customers that own their own compressors (aftermarket services). Its service agreements generally have an initial term of 12 to 36 months, or up to 60 months for the largest units, and then continue until either side gives 30 days' notice. (Archrock Form 10-K, 2025, Feb 26, 2026)

Archrock's Q3 2026 revenue was $370.8 million, down from $382.4 million. Contract operations revenue rose 1.5% to $331.2 million, which the 10-Q attributes to higher rates, partly offset by sales of active horsepower. Aftermarket services revenue fell to $39.7 million from $56.2 million on reduced customer demand for major maintenance and lower parts sales. (Archrock Q3 2026 release, Nov 2, 2026; Archrock Form 10-Q, Q3 2026, Nov 3, 2026)

Archrock's operating horsepower was 4.5 million at the end of Q3 2026, against 4.7 million a year earlier, after the sale of about 112,000 non-strategic operating horsepower; spot fleet utilization was 94.3%, against 96.0%. The CEO said Archrock had its strongest bookings quarter since the second quarter of 2023, including in the Permian Basin. (Archrock Q3 2026 release, Nov 2, 2026)

Contract operations adjusted gross margin was $238.7 million, a 72% margin, against $239.6 million and 73%. Excluding the $9.9 million tax audit benefit in the year-ago quarter, the comparison is $229.7 million and 70%. The 10-Q cites $2.3 million more in make-ready costs to return idle units to work and $0.9 million more in lube oil expense, and Archrock expects lube oil cost pressure to continue in the fourth quarter of 2026. (Archrock Q3 2026 release, Nov 2, 2026; Archrock Form 10-Q, Q3 2026, Nov 3, 2026)

Archrock's five most significant customers accounted for 35% of 2025 revenue, and no single customer accounted for more than 10%. (Archrock Form 10-K, 2025, Feb 26, 2026)

Archrock's GAAP EPS was $0.48 in Q3 2026, against $0.40, on net income of $84.5 million against $71.2 million. Adjusted EPS was $0.49, against $0.42. The gap is small because adjusted net income only excludes restructuring charges, transaction-related costs and debt extinguishment gains; Q3 2026 net income also included a $3.2 million non-cash impairment, which adjusted net income does not remove. (Archrock Q3 2026 release, Nov 2, 2026)

Archrock's SG&A fell to $26.0 million from $37.7 million, mainly because cash-settled incentive compensation dropped $7.0 million with the stock price and $3.4 million under executive agreements. Interest expense fell to $37.0 million from $43.7 million on lower average debt and a lower effective interest rate. (Archrock Q3 2026 release, Nov 2, 2026; Archrock Form 10-Q, Q3 2026, Nov 3, 2026)

Archrock's diluted weighted average share count was 174,774 thousand, against 174,913 thousand. It repurchased no shares in the quarter, leaving $113.2 million under its program, and declared a $0.23 quarterly dividend, about 10% higher than a year earlier, with dividend coverage of 3.8x. Long-term debt was $2.3 billion and the leverage ratio 2.5x, down from 3.1x. (Archrock Q3 2026 release, Nov 2, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Archrock gives full-year guidance and reaffirmed 2026 Adjusted EBITDA of $865 million to $885 million with Q3 2026 results. Its reconciliation puts 2026 net income at $290.8 million to $310.8 million, with $283.0 million of depreciation and amortization, $150.0 million of interest expense and $103.0 million of income tax. (Archrock Q3 2026 release, Nov 2, 2026)

Archrock's net income guidance includes the $10.1 million of impairments recorded through June 30, 2026 but no future impairments. The CEO said in the release that customer maintenance deferrals affected aftermarket activity and higher lube oil prices created near-term cost pressure. (Archrock Q3 2026 release, Nov 2, 2026)

A consensus figure is the average of the models published by the analysts who cover Archrock, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Archrock's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning AROC is on is AROC a buy or a sell?, what analysts expect next is on the AROC forecast, and what the company does is on the Archrock (AROC) stock page.

Every number on this page can be traced to a document Archrock published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.