Kodiak Gas Services, Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
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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, 2025 · Filed May 8, 2025
KGS$42.26-5.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues: | ||
| Contract Services | $288,956 | $193,399 |
| Other Services | 40,686 | 22,093 |
| Total revenues | 329,642 | 215,492 |
| Operating expenses: | ||
| Cost of operations (exclusive of depreciation and amortization shown below): | ||
| Contract Services | 93,235 | 65,882 |
| Other Services | 35,226 | 17,684 |
| Depreciation and amortization | 70,529 | 46,944 |
| Selling, general and administrative | 32,255 | 24,824 |
| Loss on sale of assets | 9,211 | — |
| Total operating expenses | 240,456 | 155,334 |
| Income from operations | 89,186 | 60,158 |
| Other income (expenses): | ||
| Interest expense | (47,224) | (39,740) |
| Gain on derivatives | — | 19,757 |
| Other expense, net | (402) | (68) |
| Total other expenses, net | (47,626) | (20,051) |
| Income before income taxes | 41,560 | 40,107 |
| Income tax expense | 10,524 | 9,875 |
| Net income | 31,036 | 30,232 |
| Less: Net income attributable to noncontrolling interests | 625 | — |
| Net income attributable to common shareholders | $30,411 | $30,232 |
| Earnings per share attributable to common shareholders: | ||
| Basic | $0.34 | $0.39 |
| Diluted | $0.33 | $0.39 |
| Weighted average shares outstanding: | ||
| Basic | 87,879 | 77,432 |
| Diluted | 90,606 | 78,102 |
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