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v3.25.2

Segment Information - Revenue and Adjusted Gross Margin (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Reconciliation of gross margin to adjusted gross margin |  |  |  |
Revenue | $ 383,152 | $ 270,526 | $ 730,315 | $ 539,014
Cost of sales, exclusive of depreciation and amortization | 146,038 | 114,436 | 271,094 | 227,179
Adjusted gross margin | 237,114 | 156,090 | 459,221 | 311,835
Contract operations |  |  |  |
Reconciliation of gross margin to adjusted gross margin |  |  |  |
Revenue | 318,327 | 225,468 | 618,724 | 448,519
Cost of sales, exclusive of depreciation and amortization | 96,152 | 79,278 | 185,951 | 157,021
Adjusted gross margin | 222,175 | 146,190 | 432,773 | 291,498
Aftermarket services |  |  |  |
Reconciliation of gross margin to adjusted gross margin |  |  |  |
Revenue | 64,825 | 45,058 | 111,591 | 90,495
Cost of sales, exclusive of depreciation and amortization | 49,886 | 35,158 | 85,143 | 70,158
Adjusted gross margin | $ 14,939 | $ 9,900 | $ 26,448 | $ 20,337

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