| Property, Plant and Equipment, net |
6. Property, Plant and Equipment, net Property, plant and equipment, net consisted of the following: | | | | | | | | | | | | (in thousands) | March 31, 2026 | | December 31, 2025 | | Compression equipment | $ | 4,490,205 | | | $ | 4,391,894 | | | Field equipment | 101,438 | | | 99,277 | | | Buildings and shipping containers | 5,065 | | | 5,065 | | | Technology hardware and software | 6,901 | | | 6,901 | | | Trailers and vehicles | 20,616 | | | 20,646 | | | Leasehold improvements | 14,986 | | | 14,986 | | | Furniture and fixtures | 2,644 | | | 2,643 | | | Land | 1,000 | | | 1,000 | | | | | | | Total property, plant and equipment, gross | 4,642,855 | | | 4,542,412 | | | Less: accumulated depreciation | (1,223,718) | | | (1,164,857) | | | Property, plant and equipment, net | $ | 3,419,137 | | | $ | 3,377,555 | |
Depreciation expense was $64.3 million and $66.4 million for the three months ended March 31, 2026, and 2025, respectively, and is recorded within depreciation and amortization in the accompanying condensed consolidated statements of operations.
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