Kodiak Gas Services, Inc. (KGS) Financial Statements
Industry: Natural Gas Transmission
In fiscal 2025, Kodiak Gas Services reported revenue of $1.31B, up 12.8% from $1.16B the year before. Net income was $80.5M (a 6.2% net margin), or $0.89 per diluted share. Gross margin was 26.0% and operating margin was 26.0%. Operating activities generated $599.7M of cash, leaving $284.3M of free cash flow. At fiscal year end, Kodiak Gas Services held $4.32B in total assets against $3.11B in total liabilities, including $3.2M of cash and equivalents.
Open the full interactive Kodiak Gas Services financials → Quarterly statements, key ratios, valuation history and price charts.
Kodiak Gas Services Key Stats
| Share Price | $52.00 |
|---|---|
| Market Cap | $5.03B |
| P/E Ratio | 58.4 |
| Revenue YoY Growth | +12.8% |
| 52-Week Range | $32.17 – $75.70 |
| Shares Outstanding | 95.5 million (basic, 2026 Q2) |
Kodiak Gas Services Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $850.4M | $1.16B | $1.31B |
| Cost of Goods Sold | — | $909.9M | $968.1M |
| Gross Profit | $316.6M | $249.4M | $340.0M |
| Operating Income | $244.1M | $249.4M | $340.0M |
| Pre-Tax Income | $35.1M | $75.9M | $113.5M |
| Income Tax | $15.1M | $25.6M | $31.9M |
| Net Income | $20.1M | $49.9M | $80.5M |
| Diluted EPS | $0.29 | $0.56 | $0.89 |
Kodiak Gas Services Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $322.7M | $332.9M | $345.8M | $391.1M |
| Net Income | -$14.0M | $24.6M | $17.8M | $52.0M |
| Diluted EPS | -$0.17 | $0.28 | $0.20 | $0.53 |
Kodiak Gas Services Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | $5.6M | $4.8M | $3.2M |
| Current Assets | $231.0M | $383.7M | $323.1M |
| Total Assets | $3.24B | $4.44B | $4.32B |
| Current Liabilities | $210.6M | $319.4M | $385.9M |
| Total Long-Term Debt | $1.79B | $2.59B | $2.56B |
| Total Liabilities | $2.10B | $3.06B | $3.11B |
| Shareholders' Equity | $1.14B | $1.37B | $1.21B |
Kodiak Gas Services Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | $266.3M | $328.0M | $599.7M |
| Cash From Investing | -$218.4M | -$292.5M | -$285.3M |
| Cash From Financing | -$62.8M | -$36.3M | -$316.0M |
| Free Cash Flow | $46.5M | -$9.0M | $284.3M |
Figures from Kodiak Gas Services' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Kodiak Gas Services financials page for every line item.
Kodiak Gas Services Company Profile
| Ticker | KGS |
|---|---|
| Exchange | NYSE |
| Industry | Natural Gas Transmission |
| Headquarters | The Woodlands, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001767042 |
Frequently Asked Questions
What was Kodiak Gas Services' revenue in fiscal 2025?
Kodiak Gas Services (KGS) reported revenue of $1.31B for fiscal 2025.
What is Kodiak Gas Services' annual revenue history?
Kodiak Gas Services' annual revenue by fiscal year: 2023: $850.4M; 2024: $1.16B; 2025: $1.31B.
What was Kodiak Gas Services' net income in fiscal 2025?
Kodiak Gas Services reported net income of $80.5M for fiscal 2025.
What was Kodiak Gas Services' earnings per share (EPS) in fiscal 2025?
Kodiak Gas Services' diluted EPS was $0.89 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Kodiak Gas Services generate in fiscal 2025?
Kodiak Gas Services generated $284.3M of free cash flow in fiscal 2025.
What was Kodiak Gas Services' revenue last quarter?
In its most recent reported quarter (2026 Q2), Kodiak Gas Services reported revenue of $391.1M.
How much debt does Kodiak Gas Services have?
Kodiak Gas Services reported $2.56B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Kodiak Gas Services are outstanding?
Kodiak Gas Services reported a weighted average of 95.5 million basic shares outstanding in 2026 Q2.
What is Kodiak Gas Services' market cap?
Based on its latest closing price, Kodiak Gas Services (KGS) has a market capitalization of about $5.03B.
When does Kodiak Gas Services' fiscal year end?
Kodiak Gas Services' fiscal year end, as registered with the SEC, is December 31.
Where is Kodiak Gas Services headquartered?
Kodiak Gas Services lists its business address in The Woodlands, Texas in its SEC filings.