Kodiak Gas Services, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 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.
Sep 30, 2025 · Filed Nov 5, 2025
KGS$44.67+7.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in thousands, except share and per share data) | September 30, 2025 | December 31, 2024 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $724 | $4,750 |
| Accounts receivable, net of allowance $13,031 and $12,629, respectively | 215,878 | 253,637 |
| Inventories, net | 101,241 | 103,341 |
| Fair value of derivative instruments | — | 3,672 |
| Contract assets | 4,882 | 7,575 |
| Prepaid expenses and other current assets | 18,737 | 10,686 |
| Total current assets | 341,462 | 383,661 |
| Property, plant and equipment, net | 3,408,447 | 3,395,022 |
| Operating lease right-of-use assets, net | 44,680 | 53,754 |
| Finance lease right-of-use assets, net | 7,224 | 5,696 |
| Goodwill | 408,681 | 415,213 |
| Identifiable intangible assets, net | 156,440 | 162,747 |
| Fair value of derivative instruments | 4,156 | 17,544 |
| Other assets | 789 | 1,486 |
| Total assets | $4,371,879 | $4,435,123 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $75,968 | $57,562 |
| Accrued liabilities | 203,572 | 188,732 |
| Contract liabilities | 69,472 | 73,075 |
| Total current liabilities | 349,012 | 319,369 |
| Long-term debt, net of unamortized debt issuance cost | 2,609,162 | 2,581,909 |
| Operating lease liabilities | 41,492 | 49,748 |
| Finance lease liabilities | 4,985 | 3,514 |
| Deferred tax liabilities | 110,305 | 103,826 |
| Other liabilities | 2,344 | 3,150 |
| Total liabilities | 3,117,300 | 3,061,516 |
| Commitments and Contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock, (50.0 million authorized, $0.01 par value) 0.3 million and 0.8 million shares issued and outstanding as of September 30, 2025, and December 31, 2024, respectively | 4 | 9 |
| Common stock, (750.0 million shares of common stock authorized, $0.01 par value) 90.2 million and 89.2 million issued and 86.7 million and 87.8 million outstanding as of September 30, 2025, and December 31, 2024, respectively | 902 | 892 |
| Additional paid-in capital | 1,329,794 | 1,305,375 |
| Treasury stock, at cost; 3.5 million and 1.4 million shares held as of September 30, 2025, and December 31, 2024, respectively | (110,320) | (40,000) |
| Noncontrolling interest | 5,003 | 13,694 |
| Accumulated other comprehensive loss | (2,379) | — |
| Retained earnings | 31,575 | 93,637 |
| Total stockholders’ equity | 1,254,579 | 1,373,607 |
| Total liabilities and stockholders’ equity | $4,371,879 | $4,435,123 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.