Kodiak Gas Services, Inc.
KGS
Jodie read · what matters now
Revenue increased 4.9% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to KGS, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing presents a mixed picture
10-Q filed 2026-05-11 against the comparable filing from 2025-05-08.
What improved
- Revenue increased 4.9% versus the comparable filing period.
- Operating margin improved 3.8 percentage points.
What weakened
- Net income decreased 41.5% versus the comparable filing period.
- Net margin fell 4.1 percentage points.
- Operating cash flow was 4.00x net income; review non-cash and one-time items before treating this as recurring conversion.
Filing receipts
“The increase in growth capital expenditures was primarily driven by a $24.0 million purchase of used assets, reflecting an opportunistic purchase of compression equipment to accelerate fleet growth and meet strong customer demand, as well as an $18.0 million investment in power generation infrastructure to support our recently acquired power distribution business.”
“The increase was primarily driven by higher interest expense on our senior notes, reflecting the impact of our debt refinancing activities, including the issuance of the 2031 Senior Notes and redemption of the 2029 Senior Notes during the first quarter of 2026.”
“Investing Activities The $46.7 million increase in net cash used in investing activities for the three months ended March 31, 2026, compared to the three months ended March 31, 2025, was primarily due to a $40.8 million increase in cash used for capital expenditures, net of accrued capital expenditures.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind KGS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 2 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
KGS is currently a Leader in the organic co-movement group Natural Gas Compression. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.