USA Compression Partners (USAC) Q3 2025 Earnings
How Did USAC Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: +0.89%.
Did USAC Beat Earnings? Q3 2025 Results
No. USA Compression Partners reported Q3 2025 earnings of $0.26 a share on Nov 5, 2025, missing the $0.26 consensus estimate by 1.8%. Revenue was $250.3M against a $250.2M estimate.
USA Compression Partners posted a record-laden third quarter for 2025, though its earnings per unit of $0.26 fell just shy of the $0.26 consensus estimate by 1.85%, even as revenue of $250.26 million edged past forecasts by 0.01% and grew 4.3% year-over-year. The headline miss on earnings was more than offset by the breadth of operational records the partnership set during the period, with Adjusted EBITDA climbing to a record $160.26 million from $145.69 million a year earlier and net income nearly doubling to $34.49 million, driven by stronger contract operations revenue, lower operating costs, and reduced interest expense. Average revenue per revenue-generating horsepower reached a record $21.46 per month, reflecting sustained pricing power across a utilization rate of 94.0%. Management responded to the momentum by tightening its full-year 2025 outlook, now guiding for Adjusted EBITDA of $610 million to $620 million and Distributable Cash Flow of $370 million to $380 million, with a recent debt refinancing at 6.25% expected to further reduce interest costs going forward.
- Record average revenue per revenue-generating horsepower per month of $21.46, up from $20.60 year-over-year
- Meaningful savings across SG&A, key operating expense lines, and interest expense
- High horsepower utilization at 94.0%
- Continuous improvement mindset driving efficiency and disciplined execution
- Cost of operations (exclusive of D&A) decreased to $76.95 million from $81.81 million year-over-year
“Third-quarter results reflect the continuous improvement mindset that drives our organization. In addition to sustained top-line momentum, we delivered meaningful savings across SG&A, key operating expense lines, and interest expense, demonstrating our focus on efficiency and disciplined execution.”
USA Compression Partners CEO, on the earnings call
What Was USA Compression Partners's Outlook in Q3 2025?
USA Compression tightened and improved its full-year 2025 guidance: Adjusted EBITDA of $610 million to $620 million; Distributable Cash Flow of $370 million to $380 million; Expansion capital expenditures of $115 million to $125 million (including $21 million of non-compression related capital); and Maintenance capital expenditures of $38 million to $42 million.
USAC YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $250.3M | $240.0M | +4.3% |
| Gross Profit | $102.1M | $158.1M | −35.5% |
| Operating Income | $83.9M | $75.7M | +10.9% |
| Net Income | $34.5M | $19.3M | +78.4% |
USAC Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.