Kodiak Gas Services Inc

For the period ended Mar 31, 2024. Filed May 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 9, 2024

KGS$42.26-5.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except share and per share data)

	For the Three Months Ended March 31,
	2024	2023
Revenues:
Compression Operations	$193,399	$177,697
Other Services	22,093	12,415
Total revenues	215,492	190,112
Operating expenses:
Cost of operations (exclusive of depreciation and amortization shown below):
Compression Operations	65,882	62,770
Other Services	17,684	8,988
Depreciation and amortization	46,944	44,897
Selling, general and administrative	24,824	13,085
Loss on sale of property, plant and equipment	—	17
Total operating expenses	155,334	129,757
Income from operations	60,158	60,355
Other income (expenses):
Interest expense, net	(39,740)	(68,662)
Gain (loss) on derivatives	19,757	(7,995)
Other expense	(68)	(31)
Total other expenses, net	(20,051)	(76,688)
Income (loss) before income taxes	40,107	(16,333)
Income tax expense (benefit)	9,875	(3,990)
Net income (loss)	$30,232	$(12,343)
Basic and diluted earnings per share
Basic net earnings (loss) per share	$0.39	$(0.21)
Diluted net earnings (loss) per share	$0.39	$(0.21)
Basic weighted average shares of common stock outstanding	77,432,283	59,000,000
Diluted weighted average shares of common stock outstanding	78,102,450	59,000,000

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.