How has Natural Gas Services Group's provision for credit losses changed year-over-year?

Natural Gas Services Group's provision for credit losses decreased by 57.7% year-over-year, from $208K to $88K.

What does provision for credit losses mean?

Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

Natural Gas Services Group NGS Provision for Credit Losses

Provision for Credit Losses at other companies

ArchrockAROC

-$24K-115%

USA Compression PartnersUSAC

$398K—

Kodiak Gas ServicesKGS

$1.17M—

Star Group, L.P.SGU

$3.07M+2.8%

OGS

ONE GASOGS

$2.9M+24.2%

MDU Resources GroupMDU

$2.62M-16.8%

Other financials

Income statement

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Revenue$48.5M+17.1%

Gross profit$30.2M+24.7%

Operating income$13.1M+37.5%

Net income$6.8M+39.3%

EPS (diluted)$0.53+39.5%

Balance sheet

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Cash & equivalents$2.3M+7.6%

Total debt$2.4M+291%

Total equity$280.5M+7.8%

Total assets$588.9M+17.4%

Cash flow

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Operating cash flow$23.0M+8.3%

CapEx$15.2M-20.8%

Free cash flow$7.8M+287%

Valuation

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Market cap$558.45M+65.5%

P/E25.6×+5.7×

P/S3.1×+1.0×

Profitability

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Gross margin59.4%+2.9pp

Operating margin22.8%+2.0pp

Net margin12.2%+1.6pp

FCF margin-29.4%-30.6pp

Returns & leverage

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Return on equity8.1%+1.3pp

Debt / equity0×0.0×

Current ratio2.7×+0.6×

Where this comes from

Reported directly by Natural Gas Services Group in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.

The official record: Natural Gas Services Group’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Natural Gas Services Group's provision for credit losses?: Natural Gas Services Group (NGS) reported provision for credit losses of $88K in Q1 2026.
How has Natural Gas Services Group's provision for credit losses changed year-over-year?: Natural Gas Services Group's provision for credit losses decreased by 57.7% year-over-year, from $208K to $88K.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.