AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
USAC's revenue jumped 36.8% YoY to $342.1M in Q2 FY2026, almost entirely fueled by the January 2026 J-W Power acquisition, which contributed $69.5M of the $77.6M contract operations revenue increase.
Biggest Revenue Drivers
Contract operations$304.9M+34.1% YoY
$69.5M increase from the J-W Power Acquisition, plus higher market-based rates and CPI-based price increases on existing contracts
Parts and service$22.1M+240.2% YoY
Additional revenue from J-W Power Acquisition ($11.1M maintenance on customer-owned equipment, $6.9M manufacturing sales), partly offset by a $3.2M decline in legacy maintenance work
Biggest Revenue Drivers
Total revenue: $342.1M+36.8% YoY
Contract operations$304.9M+34.1% YoY
$69.5M increase from the J-W Power Acquisition, plus higher market-based rates and CPI-based price increases on existing contracts
Parts and service$22.1M+240.2% YoY
Additional revenue from J-W Power Acquisition ($11.1M maintenance on customer-owned equipment, $6.9M manufacturing sales), partly offset by a $3.2M decline in legacy maintenance work
Related party$15.2M-7.3% YoY
Revenue from ordinary-course transactions with Energy Transfer-affiliated entities, generally consistent with prior year
Largest Expense Items
Cost of operations, exclusive of D&A$124.8M+44.3% YoY
$39.5M increase from the J-W Power Acquisition and $4.0M higher direct labor costs, partly offset by lower fluids, parts consumption, and retail parts expense
Depreciation and amortization$89.1M+25.7% YoY
$16.0M increase from the J-W Power Acquisition plus overhauls and major improvements to compression units
Selling, general, and administrative$28.9M+124.1% YoY
$8.5M from the J-W Power Acquisition, plus higher unit-based compensation, professional fees, and acquisition transaction expenses
Margins: Gross margin rose 38.3% to $128.3M as revenue growth outpaced cost increases, but Adjusted gross margin percentage declined 1.9 points to 63.5% and Adjusted EBITDA percentage fell 3.3 points to 56.5%, both driven by the lower-margin cost structure added through the J-W Power Acquisition.
Watch Items from the Filing
J-W Power and J-W Energy represented approximately 21% of consolidated assets and 26%/25% of consolidated revenue for the three/six months ended June 30, 2026; their internal controls were excluded from management's disclosure controls assessment for one year post-acquisition.
Total long-term debt, net reached $2.94B (revolver borrowings of $1.21B plus $1.75B in senior notes) against total assets of $3.69B, with $455M of cash used to fund the J-W Power Acquisition.
Energy Transfer owns approximately 32% of limited partner interests and 100% of the General Partner, and USAC has $123.3M in binding purchase commitments with an Energy Transfer-affiliated entity.
Horsepower utilization at period end declined to 92.0% from 94.2% a year earlier (down 2.2 points), attributed to the lower-utilization fleet added in the J-W Power Acquisition.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Wortham John L.DirectorGrant or award · Jan 2, 2026
Waldheim William SDirectorGrant or award · Jan 2, 2026
Joyce Glenn E.DirectorGrant or award · Jan 2, 2026
Harris Clifford A.DirectorGrant or award · Jan 2, 2026
Congress trading in USAC
2 transactions in USAC reported by 1 member of Congress under the STOCK Act, most recent trade Apr 18, 2022. Reported transactions, not recommendations.
About USA Compression Partners, LP (USAC): stock profile, AI score and financials
USA Compression Partners, LP (USAC) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores USAC at 67.9/100 on a composite quality score built from its SEC filings, placing it at rank #328 of 2,896 stocks — the top 25% of the AI-ranked universe. USAC scores in the top quartile across free cash flow (79.9). Based on the latest XBRL financial filings (Q2 2026), USA Compression Partners, LP reports quarterly revenue of $342.1M, net income of $45.7M, an operating margin of 29.3%. USAC trades on the TXSE exchange and files with the SEC under CIK 1522727. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate USAC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for USA Compression Partners, LP directly from SEC EDGAR.