Kodiak Gas Services, Inc.
NYSE:KGS · New York Stock Exchange
+$0.05 today
Vol 1.62M · Avg 1.61M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:KGS · Revenue to Net Income
Key Ratios
Analysis
$1.3B of revenue converted into $67.9M of net income for the selected period. Gross margin is 43.5% and net margin is 5.1%, showing how much revenue survives after costs and taxes. EPS is $0.76, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B +12.8% | $1.2B +36.3% | $850.4M +20.1% | $707.9M +16.7% | $606.4M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $756.1M +5.2% | $718.6M +34.6% | $533.7M +20.8% | $441.8M +19.3% | $370.2M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $552.0M +25.3% | $440.7M +39.2% | $316.6M +19.0% | $266.1M +12.7% | $236.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 42.2% +4.2pp | 38.0% +0.8pp | 37.2% -0.4pp | 37.6% -1.4pp | 38.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $137.5M -9.4% | $151.7M +106.9% | $73.3M +63.3% | $44.9M +19.2% | $37.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $137.5M -28.1% | $191.2M +163.6% | $72.5M +64.8% | $44.0M -6.8% | $47.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $278.8M +7.1% | $260.3M +42.3% | $182.9M +4.8% | $174.5M +9.0% | $160.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $590.7M +10.8% | $533.3M +21.1% | $440.5M -8.2% | $479.7M +30.7% | $367.1M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 45.2% -0.8pp | 46.0% -5.8pp | 51.8% -16.0pp | 67.8% +7.2pp | 60.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $414.5M +66.2% | $249.4M +2.2% | $244.1M +9.9% | $222.1M +17.5% | $189.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 31.7% +10.2pp | 21.5% -7.2pp | 28.7% -2.7pp | 31.4% +0.2pp | 31.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $198.4M +0.6% | $197.1M -11.4% | $222.5M +34.2% | $165.9M +96.0% | $84.6M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$301.0M -73.5% | -$173.5M +17.0% | -$209.0M -152.6% | -$82.7M -24.3% | -$66.6M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $113.5M +49.5% | $75.9M +116.0% | $35.1M -74.8% | $139.4M +13.9% | $122.4M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 8.7% +2.1pp | 6.5% +2.4pp | 4.1% -15.6pp | 19.7% -0.5pp | 20.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $31.9M +24.7% | $25.6M +69.7% | $15.1M -54.5% | $33.1M +156.5% | -$58.6M | $1.3B | -$1.6B | $745.2M |
| Net Income | $80.5M +61.4% | $49.9M +148.7% | $20.1M -81.1% | $106.3M -41.3% | $181.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.2% +1.9pp | 4.3% +1.9pp | 2.4% -12.7pp | 15.0% -14.8pp | 29.8% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +53.3% | $1 +106.9% | $0 -79.6% | $1 -41.1% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +58.9% | $1 +93.1% | $0 -79.6% | $1 -41.1% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $86.2M +3.7% | $83.1M +22.1% | $68.1M -9.3% | $75.0M +0.0% | $75.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $87.5M +2.7% | $85.2M +24.7% | $68.3M -8.9% | $75.0M +0.0% | $75.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Solaris Energy Infrastructure, Inc.
NYSE:SEI
$5.92B
Transocean Ltd.
NYSE:RIG
$4.77B
Plains GP Holdings, L.P.
NASDAQ:PAGP
$4.56B
Liberty Energy Inc.
NYSE:LBRT
$4.36B
Cactus, Inc.
NYSE:WHD
$3.92B
Scorpio Tankers Inc.
NYSE:STNG
$3.82B
Oceaneering International, Inc.
NYSE:OII
$3.56B
Tidewater Inc.
NYSE:TDW
$3.25B
Alliance Resource Partners, L.P.
NASDAQ:ARLP
$3.10B
USA Compression Partners, LP
NYSE:USAC
$3.03B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does KGS generate?
Kodiak Gas Services, Inc. (KGS) reported $1.31B of revenue in fiscal 2025.
Is KGS profitable?
Kodiak Gas Services, Inc. (KGS) reported $80.52M of net income, with a net margin of 6.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.