USA Compression Partners, LP (USAC) Earnings Call Transcripts

USA Compression Partners, LP's Latest Earnings Call - Q1 FY2026

In Q1 2026, USA Compression Partners, LP (USAC) reported a net income of $38.3 million and operating income of $91.4 million, reflecting strong operational momentum post the J-W Power acquisition. Revenue per horsepower reached an all-time high of $22.73, marking an 8% year-over-year increase. Management maintained full-year guidance for adjusted EBITDA between $770 million and $800 million, and distributable cash flow (DCF) between $480 million and $510 million, signaling confidence in ongoing operational improvements despite extended engine lead times and inflationary pressures.

Reported metrics

Guidance from management

Management maintained full-year guidance for adjusted EBITDA between $770 million and $800 million, and distributable cash flow between $480 million and $510 million, indicating confidence in operational performance despite market challenges.

What management said

Yes, Nate, thank you for that. Yes. I mean I feel like we're in line with where we thought we would be as we put this model together late last year and decided to move forward with the acquisition. We're working through -- we've already worked through some of the operational changes in the structure. We're working hard on our routing and ways to save going forward, but we're -- overall, we're really happy with where ...

Yes. No, thanks for that. It's Chris Wauson. One thing with inflation with oil prices everything -- every -- all of our costs are going up. So we're continuing to drive efficiencies in the organization to protect that margin. And as contracts expire and renewals come up, we do plan to address that accordingly. So it's kind of twofold. So we're going to manage it as best we can and continue to drive for efficiencies. ...

What analysts pressed on

Analysts expressed concerns regarding the extended lead times for engine orders and how that might affect future growth and operational continuity. There were also questions about the ability to pass on rising costs due to inflation to customers without impacting margins.

Main topics on the call

• Strong Revenue Growth — The company achieved a record revenue per horsepower of $22.73, which is an 8% increase year-over-year. Management stated, "We increased pricing to an all-time high, averaging $22.73 per horsepower, a 5% increase in sequ...
• Successful Integration of J-W Power — The integration of J-W Power is progressing well, with management noting that they have contracted over 90% of the new horsepower expected to be added in 2026. CEO Micah Green highlighted, "We are bullish on contract com...
• Operational Efficiency Improvements — Management expects approximately $10 million to $20 million in annual run-rate synergies by year-end 2027 from the J-W integration. COO Chris Wauson mentioned, "We expect to maintain a 3.75x debt-to-EBITDA and we made si...
• Challenges from Extended Engine Lead Times — Lead times for engine orders have significantly increased, with some extending from 50 weeks to approximately 150 weeks. Micah Green noted, "Certain new engine lead times have recently tripled from 50 weeks to approximat...

Read the full USA Compression Partners, LP transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 USA Compression Partners, LP earnings call transcripts on record, spanning February 18, 2020 to August 4, 2026. Based on this history, USA Compression Partners, LP reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

USAC

Exchange

NYSE

Country

US

Sector

Energy

Industry

Energy Equipment and Services

Calls on record

27

First call

February 18, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly