Kodiak Gas Services Inc (KGS) financials
Kodiak Gas Services revenue and earnings by year
Kodiak Gas Services's revenue was $1.31 billion in the fiscal year to December 31, 2025, up 12.8% from the year before. Net income was $80.5 million, 6.2% of revenue. Since the fiscal year to December 31, 2021, revenue has grown 21.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 5 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 1.31 | 1.16 | 0.85 | 0.71 | 0.61 |
| Revenue growth | 12.8% | 36.3% | 20.1% | 16.7% | — |
| Gross profit | 0.83 | 0.70 | 0.50 | 0.44 | 0.40 |
| Gross margin | 63.3% | 60.5% | 58.7% | 62.2% | 65.3% |
| Operating income | 0.34 | 0.25 | 0.24 | 0.22 | 0.19 |
| Operating margin | 26.0% | 21.5% | 28.7% | 31.4% | 31.2% |
| Net income | 0.08 | 0.05 | 0.02 | 0.11 | 0.18 |
| Net margin | 6.2% | 4.3% | 2.4% | 15.0% | 29.8% |
| Diluted EPS | $0.89 | $0.56 | $0.29 | $1.80 | — |
| Free cash flow | 0.31 | 0.03 | 0.05 | -0.03 | 0.05 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open KGS in Markets.
How Kodiak Gas Services makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Compression Infrastructure | $315M | 80.6% |
| Other Services | $43.1M | 11.0% |
| Power Infrastructure | $32.9M | 8.4% |
See also: KGS valuation and P/E history · KGS returns
No forecast, no recommendation. This page describes Kodiak Gas Services Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.