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v3.25.4

Property, Plant and Equipment, Net | 12 Months Ended
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Dec. 31, 2025
Property, Plant and Equipment, Net. |
Property, Plant and Equipment, Net | 7. Property, Plant and Equipment, net Property, plant and equipment, net is comprised of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) | ​ | 2025 | ​ | 2024
Compression equipment, facilities and other fleet assets | ​ | $ | 4,791,318 | ​ | $ | 4,392,818
Land and buildings | ​ |  | 36,058 | ​ |  | 32,060
Transportation and shop equipment | ​ |  | 147,160 | ​ |  | 118,413
Computer hardware and software | ​ |  | 79,367 | ​ |  | 78,021
Other | ​ |  | 11,997 | ​ |  | 7,411
Property, plant and equipment | ​ |  | 5,065,900 | ​ |  | 4,628,723
Accumulated depreciation | ​ |  | (1,407,811) | ​ |  | (1,304,893)
Property, plant and equipment, net | ​ | $ | 3,658,089 | ​ | $ | 3,323,830
​ Depreciation expense was $242.3 million, $185.1 million and $159.3 million during the years ended December 31, 2025, 2024 and 2023, respectively. Assets under construction of $95.7 million and $125.0 million at December 31, 2025 and 2024, respectively, primarily consisted of compression equipment and other fleet assets.

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