v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 391,120 $ 322,843 $ 736,879 $ 652,485
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations 144,356 115,251 267,234 243,712
Depreciation and amortization 78,650 66,135 147,331 136,664
Selling, general and administrative 40,918 35,121 87,045 67,376
Loss on sale of assets 2,959 6,606 4,220 15,817
Total operating expenses 266,883 223,113 505,830 463,569
Income from operations 124,237 99,730 231,049 188,916
Other expenses:        
Interest expense (50,061) (45,755) (98,802) (92,979)
Loss on extinguishment of debt 0 0 (36,512) 0
Other expense, net (939) (546) (1,878) (948)
Total other expenses, net (51,000) (46,301) (137,192) (93,927)
Income before income taxes 73,237 53,429 93,857 94,989
Income tax expense 21,093 13,445 23,853 23,969
Net income 52,144 39,984 70,004 71,020
Less: Net income attributable to noncontrolling interests 173 488 228 1,113
Net income attributable to common shareholders $ 51,971 $ 39,496 $ 69,776 $ 69,907
Earnings per share attributable to common shareholders:        
Basic (in dollars per share) $ 0.54 $ 0.44 $ 0.76 $ 0.78
Diluted (in dollars per share) $ 0.53 $ 0.43 $ 0.75 $ 0.76
Weighted average shares outstanding:        
Basic (in shares) 95,458 87,699 90,726 87,788
Diluted (in shares) 96,805 90,040 92,193 90,234
Compression Infrastructure        
Revenues:        
Total revenues $ 315,125 $ 293,534 $ 622,110 $ 582,490
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations 94,435 93,137 184,694 186,372
Power Infrastructure        
Revenues:        
Total revenues 32,891 0 32,891 0
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations 11,686 0 11,686 0
Other Services        
Revenues:        
Total revenues 43,104 29,309 81,878 69,995
Cost of operations (exclusive of depreciation and amortization shown below):        
Cost of operations $ 38,235 $ 22,114 $ 70,854 $ 57,340