Business
Kodiak Gas Services Reports Fourth Quarter and Full Year 2025 Financial Results; Provides Full Year 2026 Guidance
THE WOODLANDS, Texas, February 25, 2026--Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the fourth quarter and full year ended December 31, 2025. The Company also announced full-year 2026 guidance.
About this update from Kodiak Gas Services, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2084,"height":621,"url":"https://media.zenfs.com/en/business-wire.com/ae50f1fd52660b32459c8b094bc6abce"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FFl6mFfS6Y60KFkojggyRQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI4NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/ae50f1fd52660b32459c8b094bc6abce","width":960,"height":286},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/iULqezPW7t0TD41glrUA5w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD03MTY7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/ae50f1fd52660b32459c8b094bc6abce","width":1200,"height":358}},"lazy":false},{"type":"text","content":"THE WOODLANDS, Texas, February 25, 2026--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS) ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today reported financial and operating results for the fourth quarter and full year ended December 31, 2025. The Company also announced full-year 2026 guidance.","length":393,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2025 and Recent Highlights","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Reported net income of $24.6 million, or $0.28 per diluted share and adjusted net income(1) of $35.3 million, or $0.40 per adjusted diluted share(1)","length":148,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Realized Contract Services gross margin percentage of 45.0% and record adjusted gross margin percentage(1) of 69.2%","length":115,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Record quarterly adjusted EBITDA(1) of $184.5 million, a 9.1% increase compared to fourth quarter 2024","length":102,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Quarterly net cash provided by operating activities of $194.9 million and discretionary cash flow(1) of $112.5 million, a 4.5% increase compared to fourth quarter 2024","length":167,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":532,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Fleet utilization increased to 97.7%, a 120 basis point increase compared to fourth quarter 2024","length":96,"t...