USAC revenue +37% to $342M on J-W Power acquisition; operating income +31%, DCF +39%

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~2 min read

Key Changes

• high

  J-W Power acquisition (Jan 2026, $912M) added ~1M HP and manufacturing operations, driving 37% revenue growth to $342M and 31% operating income growth to $100M. Parts/service revenue surged 240% to $22M on acquired maintenance and manufacturing sales.

  MD&A: J-W Power Acquisition verify on EDGAR →
• high

  Distributable Cash Flow rose 39% to $125M and coverage improved to 1.65x (from 1.40x), reflecting higher EBITDA partially offset by increased maintenance capex. Preferred Units fully converted to common, simplifying capital structure.

  MD&A: DCF and Preferred Units verify on EDGAR →
• high

  Revolver borrowings increased to $1.21B (from $771M) to fund acquisition; new $750M Senior Notes 2033 at 6.25% issued, and $750M Senior Notes 2027 at 6.875% retired. Unused revolver availability $537M, all drawable.

  Notes: Debt and Credit Agreement view on EDGAR →