Rental Equipment

6 Months Ended

Jun. 30, 2025

Property, Plant and Equipment [Abstract]

The following table summarizes our rental equipment and accumulated depreciation as of the dates presented:


	June 30,		December 31,
	2025		2024
Compressor units	$	627,823	$	579,373
Work-in-progress	41,207		51,662
	669,030		631,035
Accumulated depreciation	(222,078)		(216,014)
Rental equipment, net of accumulated depreciation	$	446,952	$	415,021

We evaluated our rental equipment for potential impairments as of June 30, 2025, and December 31, 2024 and determined that none were present. Depreciation expense for rental equipment was $8.0 million and $6.9 million for the three months ended June 30, 2025, and 2024, respectively and $15.7 million and $13.4 million for the six months ended June 30, 2025, and 2024, respectively. We capitalized interest totaling approximately $0.5 million and $1.3 million for the three months ended June 30, 2025, and 2024, respectively, and $1.1 million and $2.4 million, for the six months ended June 30, 2025, and 2024, respectively.