Inferra AI / Company / KGS
Kodiak Gas Services, Inc.
KGS · Utilities
Last earnings Sep 28, 2026
Key results
Revenuequarter
$307.0 million
revenues of $307.0 million Contract Services gross margin percentage of 48.2% and adjusted gross margin percentage (1) of 70.6%
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Contract Services gross marginquarter
48.2%
revenues of $307.0 million Contract Services gross margin percentage of 48.2% and adjusted gross margin percentage (1) of 70.6%
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Adjusted gross marginquarter
70.6%
revenues of $307.0 million Contract Services gross margin percentage of 48.2% and adjusted gross margin percentage (1) of 70.6%
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Net incomequarter
$17.8 million
Net income of $17.8 million, or $0.20 per diluted share and adjusted net income (1) of $52.0 million, or $0.59 per adjusted diluted share (1) Record adjusted EBITDA (1) of $190.1 million
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Adjusted net incomequarter
$52.0 million
Net income of $17.8 million, or $0.20 per diluted share and adjusted net income (1) of $52.0 million, or $0.59 per adjusted diluted share (1) Record adjusted EBITDA (1) of $190.1 million
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Segment Information Contract Services segment revenue was $307.0 million in the first quarter of 2026, a 6.2% increase compared to $289.0 million in the first quarter of 2025.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Gross marginquarter
$148.0 million
Contract Services segment gross margin was $148.0 million in the first quarter of 2026, an 18.3% increase compared to $125.2 million in the first quarter of 2025 and adjusted gross margin was $216.7 million in the first quarter of 2026, a 10.7% increase compared to $195.7 million in the first quarter of 2025.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Other Services segment revenue was $38.8 million in the first quarter of 2026, a 4.7% decrease compared to $40.7 million in the first quarter of 2025.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Other Services segment gross margin and adjusted gross margin were each $6.2 million in the first quarter of 2026, a 12.7% increase compared to $5.5 million for each measure in the first quarter of 2025.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Financial Results Net income attributable to common shareholders of $17.8 million or $0.20 per share, in the first quarter of 2026 included a $36.5 million loss on extinguishment of debt related to the refinancing of the Company's senior notes due 2029, as well as $8.3 million of nonrecurring transaction expenses related primarily to the acquisition of DPS.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Adjusting for these items and the associated tax effects, adjusted net income was $52.0 million or $0.59 per diluted share.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
EPSquarter
$ 0.20
Diluted $ 0.20 $ 0.28 $ 0.33
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
AI analysis
Q1 2026 · reported May 11, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $307.0 million | — | — |
| Contract Services gross margin | 48.2% | — | — |
| Adjusted gross margin | 70.6% | — | — |
| Net income | $17.8 million | — | — |
| Adjusted net income | $52.0 million | — | — |
| Gross margin | $148.0 million | — | $125.2 million |
| EPS | $ 0.20 | — | — |
Guidance · company-stated
Direction: Raised
“com (936) 755-3529 Kodiak Gas Services Reports First Quarter 2026 Financial Results, Increases Full Year 2026 Guidance to Include Distributed Power Business and Provides Power Generation Capacity Update and Growth Outlook THE WOODLANDS, Texas May 11, 2026 Kodiak Gas Services, Inc.”
Classified from the release's primary full-year outlook statement.
Margin
Capital allocation
Financial Results Net income attributable to common shareholders of $17.8 million or $0.20 per share, in the first quarter of 2026 included a $36.5 million loss on extinguishment of debt related to the refinancing of the Company's senior notes due 2029, as well as $8.3 million of nonrecurring transaction expenses related primarily to the acquisition of DPS.
Event summary
The Company announced increased full-year 2026 guidance to incorporate the contribution from the recently-closed acquisition of Distributed Power Solutions, LLC (DPS)
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Company outlook: “com (936) 755-3529 Kodiak Gas Services Reports First Quarter 2026 Financial Results, Increases Full Year 2026 Guidance to Include Distributed Power Business and Provides Power Generation Capacity Update and Growth Outlook THE WOODLANDS, Texas May 11, 2026 Kodiak Gas Services, Inc.”
Company outlook — Raised (“Increases”)
“com (936) 755-3529 Kodiak Gas Services Reports First Quarter 2026 Financial Results, Increases Full Year 2026 Guidance to Include Distributed Power Business and Provides Power Generation Capacity Update and Growth Outlook THE WOODLANDS, Texas May 11, 2026 Kodiak Gas Services, Inc.”
Company outlook — Raised (“increased”)
“The Company announced increased full-year 2026 guidance to incorporate the contribution from the recently-closed acquisition of Distributed Power Solutions, LLC (DPS).”
Classified from the release's primary full-year outlook statement.
Capital allocation
Financial Results Net income attributable to common shareholders of $17.8 million or $0.20 per share, in the first quarter of 2026 included a $36.5 million loss on extinguishment of debt related to the refinancing of the Company's senior notes due 2029, as well as $8.3 million of nonrecurring transaction expenses related primarily to the acquisition of DPS.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Long-Term Debt and Liquidity Total debt outstanding was $2.8 billion as of March 31, 2026, and the Company had $1.5 billion available on its ABL Facility.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
(2) Growth capital expenditures for the three months ended March 31, 2026 include $18.0 million for additional power generation capacity.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
(3) Growth capital expenditures made to (1) expand the operating capacity or operating income capacity of assets including, but not limited to, the acquisition of additional compression units, upgrades to existing equipment, expansion of supporting infrastructure, and implementation of new technologies, (2) maintain the operating capacity or operating income capacity of assets by acquisition of replacement compression units and their supporting infrastructure, and (3) expand the operating capacity or operating income capacity of existing assets..
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
(4) Other capital expenditures made on assets required to support our operations such as rolling stock, leasehold improvements, technology hardware and software and related implementation expenditures, safety enhancements to equipment, and other general items that are typically capitalized and that have a useful life beyond one year.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Adjusted net income is defined as net income adjusted to exclude certain items, as applicable, such as (i) impairment of long-lived assets (ii) severance expenses (iii) transaction expenses (iv) sales tax reserve (v) loss on disposal of business (vi) loss (gain) on derivatives (vii) loss on extinguishment of debt and (viii) the tax effects of the adjustments.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Strategy & priorities
(3) Growth capital expenditures made to (1) expand the operating capacity or operating income capacity of assets including, but not limited to, the acquisition of additional compression units, upgrades to existing equipment, expansion of supporting infrastructure, and implementation of new technologies, (2) maintain the operating capacity or operating income capacity of assets by acquisition of replacement compression units and their supporting infrastructure, and (3) expand the operating capacity or operating income capacity of existing assets..
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Forward-looking statements can be identified by words such as anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods.
SEC original ↗Kodiak Gas Services, Inc. — 10-Q Quarterly report10-QAug 7, 2026
Strategically, the DPS Acquisition is expected to expand the Company s distributed power generation capabilities and enhance revenue growth through increased scale and complementary service offerings.
SEC original ↗Kodiak Gas Services, Inc. — 10-Q Quarterly report10-QAug 7, 2026
Risks & headwinds
Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control.
SEC original ↗Kodiak Gas Services, Inc. — Earnings release (8-K exhibit)EX-99May 11, 2026
Legal Proceedings 44 Item 1A.
SEC original ↗Kodiak Gas Services, Inc. — 10-Q Quarterly report10-QAug 7, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q2 2026
- 8-KKGS
Sep 28, 2026
- 8-K/AKGS
Sep 28, 2026
- 10-QKGS
- 8-KKGS
- 8-KKGS
- Q1 2026
- 8-KKGS
May 15, 2026
- 8-K/AKGS
May 13, 2026
- 8-KKGS
May 11, 2026
- 10-QKGS
- 8-KKGS
- EX-99KGS
- 8-KKGS
- 8-KKGS
- Q4 2025
- 8-KKGS
Mar 24, 2026
- 8-KKGS
Mar 12, 2026
- 8-KKGS
Mar 11, 2026
- EX-99KGS
Mar 11, 2026
- 10-KKGS
Feb 26, 2026
- 8-KKGS
Feb 25, 2026
- 8-KKGS
- 8-KKGS
Jan 29, 2026
- Q3 2025
- 8-KKGS
- 8-KKGS
Nov 13, 2025
- 10-QKGS
- 8-KKGS
- 8-KKGS
Oct 23, 2025
- Q2 2025
- 8-KKGS
Sep 23, 2025
- 8-KKGS
Sep 18, 2025
- 8-KKGS
Sep 18, 2025
- 8-K/AKGS
Sep 10, 2025
- 8-KKGS
- 8-KKGS
Earnings releases
11 documentsPresentations
0 documentsNo presentations for Kodiak Gas Services, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Kodiak Gas Services, Inc. are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention Kodiak Gas Services, Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
Kratos Defense & Security Solutions, Inc. (KTOS)
“hich could affect the Company’s supply chain and customer affordability; risks related… … KGS Segment was in our Defense Rocket Systems, Turbine Technologies, Microwave Products and Space, Training and Cyber businesses, with organic revenue growth ra”
“zinc bromide… …million, including $19 million of cash proceeds from the sale of shares in Kodiak Gas Services, LLC. • Capital expenditures were $18 million, including $11.2 million related to the Arkansas bromine facility THE WOODLANDS, … …million, i”
See also the earnings calendar for every tracked company’s next earnings date.