AROC Q2 2023 Earnings — Archrock, Inc. Revenue & Financial Results | Market Cap Arena

AROCArchrock, Inc.

$6B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$248M+14.7% YoY

Gross Profit

$136M55.0% margin

Operating Income

$108M43.4% margin

Net Income

$25M10.0% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

-$73M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.8B

Stockholders' Equity

$856M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$248M	$216M	+14.7%
Gross Profit	$136M	$106M	+28.7%
Operating Income	$108M	$78M	+37.7%
Net Income	$25M	$17M	+47.2%

Revenue Segments

Contract Operations

$70M60%

Aftermarket Services

$46M40%