Kodiak Gas Services, Inc. (KGS)
Kodiak Gas Services, Inc. brought in $1.5B of revenue over the twelve months to September 30, 2026, up 14.5% from a year earlier. Net income was $165.9M, a net margin of 11.3%. Operating cash flow minus capital spending left $284.3M of free cash flow in fiscal 2025. At September 30, 2026 it held $86.9M in cash against $2.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Kodiak Gas Services, Inc.
- Net worth
- Kodiak Gas Services, Inc. has a market value (market cap) of $4.3B at the latest share price, and shareholders' equity of $2.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.3B (+12.8% year on year), with net income of $80.5M. Over the 12 months to September 30, 2026: revenue $1.5B, net income $165.9M.
- Cash flow
- In fiscal 2025 operations brought in $599.7M of cash; after $315.5M of capital spending, free cash flow was $284.3M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Kodiak Gas Services, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Kodiak Gas Services, Inc. paid dividends of $1.80 per share in fiscal 2025, a yield of 4.26% at the current price.
What Kodiak Gas Services, Inc. does
Kodiak Gas Services, Inc. is registered with the SEC under industry code SIC 4922 (Natural Gas Transmission). Its shares trade on NYSE under the ticker KGS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.3B | $80.5M | $0.89 | $284.3M |
| 2024 | $1.2B | $49.9M | $0.56 | -$9M |
| 2023 | $850.4M | $20.1M | $0.29 | $46.5M |
| 2023 | $707.9M | $106.3M | $1.80 | -$39.5M |
| 2021 | $606.4M | $181M | $3.07 | $48M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where KGS ranks in Utilities
Dividends
Kodiak Gas Services, Inc. paid $1.80 per share in fiscal 2025. At the current price that is a yield of 4.26%. It paid out $159.6M in cash dividends, 198% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.80 | $159.6M | 198% |
| 2024 | $1.58 | $133.9M | 268% |
| 2023 | $0.38 | $29.8M | 148% |
| 2023 | n/a | $0 | 0% |
| 2021 | n/a | $0 | 0% |
Latest SEC filings
What Kodiak Gas Services, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 24% to $401.8M versus the same quarter last year; diluted EPS $0.70 versus -$0.17.
- November 9, 2026
- November 5, 2026
- October 30, 2026Passive stake (5% or more) SCHEDULE 13G
- September 28, 2026
- September 28, 2026Exhibits 8-K/A
- September 28, 2026
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 21% to $391.1M versus the same quarter last year; diluted EPS $0.53 versus $0.43.
- August 6, 2026
What is KGS worth? A DCF from its reported cash flow
Insider trades
What the people running Kodiak Gas Services, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $1.5M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | McKee Robert MichaelPresident & CEO, Director | Soldpre-planned (10b5-1) | 2,666 | $121.4K |
| October 12, 2026 | Lenamon William ChadExecutive Vice President & COO | Soldpre-planned (10b5-1) | 1,000 | $53.3K |
| October 5, 2026 | McKee Robert MichaelPresident & CEO, Director | Soldpre-planned (10b5-1) | 2,666 | $143.8K |
| September 16, 2026 | Buhigas Pedro R.Chief Information Officer | Soldpre-planned (10b5-1) | 3,663 | $213K |
| September 14, 2026 | Hamilton Ewan WilliamEVP & Chief Accounting Officer | Soldpre-planned (10b5-1) | 2,729 | $168.8K |
| September 11, 2026 | Lenamon William ChadExecutive Vice President & COO | Soldpre-planned (10b5-1) | 1,000 | $63.2K |
| September 8, 2026 | Green Steven LeeEVP & Chief Commercial Officer | Shares withheld for tax | 1,857 | $119.1K |
| September 1, 2026 | McKee Robert MichaelPresident & CEO, Director | Soldpre-planned (10b5-1) | 5,999 | $355.8K |
Who owns KGS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Spartan Energy Partners LP13D, may seek influence with 3 related filers | 6.2% | April 8, 2024 |
| Vanguard Portfolio Management13G, passive | 5.94% | October 30, 2026 |
| Vanguard Capital Management13G, passive | 5.05% | April 30, 2026 |
Largest institutional holders
Insiders
16 insiders reported holding 770,390 shares in total, about $32.6M at the last price.
| Holder | Shares |
|---|---|
| McKee Robert MichaelPresident & CEO, Director | 287,258 |
| Griggs JohnExecutive VP & CFO | 102,174 |
| Lenamon William ChadExecutive Vice President & COO | 84,294 |
| Bonno TerryDirector | 34,541 |
| Buhigas Pedro R.Chief Information Officer | 32,413 |
| Hogan Randall JDirector | 30,541 |
| Montana Margaret CDirector | 28,651 |
| Hamilton Ewan WilliamEVP & Chief Accounting Officer | 26,674 |
| Roclawski Cory AnneEVP & CHRO | 24,662 |
| Drumgoole ChristopherDirector | 22,541 |
Questions about KGS
What does Kodiak Gas Services, Inc. do?
Kodiak Gas Services, Inc. is a company in the Utilities sector, listed on NYSE as KGS. Its shares trade on NYSE under the ticker KGS.
What is Kodiak Gas Services, Inc.'s net worth?
Kodiak Gas Services, Inc. has a market value (market cap) of $4.3B at the latest share price, and shareholders' equity of $2.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Kodiak Gas Services, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $165.9M on revenue of $1.5B, a net margin of 11.3%.
How much revenue does Kodiak Gas Services, Inc. make?
Over the twelve months to September 30, 2026 Kodiak Gas Services, Inc. reported revenue of $1.5B. That is 14.5% more than a year earlier.
When did Kodiak Gas Services, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Kodiak Gas Services, Inc.'s next earnings report?
Kodiak Gas Services, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Kodiak Gas Services, Inc. pay a dividend?
Yes. Kodiak Gas Services, Inc. paid dividends of $1.80 per share in fiscal 2025, a yield of 4.26% at the current price.
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Where the numbers come from
Financial figures are the values Kodiak Gas Services, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.