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$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
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| (in thousands, except per share data) | 2025 | 2024 | 2025 | 2024 |
| Revenues: | ||||
| Contract Services | $296,970 | $284,313 | $879,460 | $753,962 |
| Other Services | 25,774 | 40,334 | 95,769 | 95,830 |
| Total revenues | 322,744 | 324,647 | 975,229 | 849,792 |
| Operating expenses: | ||||
| Cost of operations (exclusive of depreciation and amortization shown below): | ||||
| Contract Services | 94,222 | 96,617 | 280,594 | 261,832 |
| Other Services | 21,992 | 32,674 | 79,332 | 78,294 |
| Depreciation and amortization | 66,329 | 73,452 | 202,993 | 189,859 |
| Long-lived asset impairment | — | 9,921 | — | 9,921 |
| Selling, general and administrative | 37,771 | 35,528 | 105,147 | 120,279 |
| Loss on sale of assets | 38,230 | 10,376 | 54,047 | 9,203 |
| Total operating expenses | 258,544 | 258,568 | 722,113 | 669,388 |
| Income from operations | 64,200 | 66,079 | 253,116 | 180,404 |
| Other income (expenses): | ||||
| Interest expense | (56,406) | (53,991) | (149,385) | (145,864) |
| Gain (loss) on derivatives | — | (20,327) | — | 6,227 |
| Other expense, net | (28,292) | (156) | (29,240) | (6) |
| Total other expenses, net | (84,698) | (74,474) | (178,625) | (139,643) |
| Income (loss) before income taxes | (20,498) | (8,395) | 74,491 | 40,761 |
| Income tax expense (benefit) | (6,301) | (2,184) | 17,668 | 10,027 |
| Net income (loss) | (14,197) | (6,211) | 56,823 | 30,734 |
| Less: Net income (loss) attributable to noncontrolling interests | (186) | (563) | 927 | (78) |
| Net income (loss) attributable to common shareholders | $(14,011) | $(5,648) | $55,896 | $30,812 |
| Earnings (loss) per share attributable to common shareholders: | ||||
| Basic | $(0.17) | $(0.07) | $0.62 | $0.36 |
| Diluted | $(0.17) | $(0.07) | $0.61 | $0.33 |
| Weighted average shares outstanding: | ||||
| Basic | 87,055 | 84,292 | 87,540 | 81,774 |
| Diluted | 87,055 | 84,292 | 89,667 | 88,346 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.