The earnings call highlighted strong financial performance, increased shareholder returns, and positive market dynamics, despite some challenges in the labor market and a reduction in revenue forecast for Other Services.

Company Guidance -

Q3 2025

During the Kodiak Gas Services second-quarter 2025 earnings call, the company provided an optimistic outlook on its financial performance and market position. Key guidance metrics included a $100 million increase in their share repurchase program, demonstrating confidence in their strategy and commitment to shareholder returns. Kodiak was also added to the S&P Small Cap 600 Index, enhancing visibility in the investment community. The company's fleet utilization reached over 97%, with large horsepower utilization at over 99%, driven by strong demand in the Permian Basin. Adjusted EBITDA for the quarter was reported at $178.2 million, marking a 15% year-over-year increase, while the adjusted gross margin for Contract Services set a new record at 68.3%. The leverage ratio improved to 3.6x, and Kodiak increased its discretionary cash flow guidance to between $445 million and $465 million. The company also noted an incrementally higher discretionary cash flow outlook due to increased Contract Services revenue and adjusted gross margin.

Increase in Share Repurchase Program

Kodiak Gas Services increased their share repurchase program by $100 million, reflecting confidence in the company's strategy and commitment to returning capital to shareholders.

Inclusion in S&P Small Cap 600 Index

Kodiak was added to the S&P Small Cap 600 Index, increasing the company's visibility in the investment community and enhancing shareholder value.

Record Fleet Utilization

Fleet utilization reached over 97%, with large horsepower being effectively fully utilized at over 99%.

Strong Financial Performance

Kodiak set new records in adjusted EBITDA and free cash flow, with a leverage ratio hitting a new all-time low of 3.6x as of June 30.

Contract Services Growth

Contract Services adjusted gross margin set a new record at 68.3%, a 430-basis point increase compared to the second quarter of 2024.

Positive Market Dynamics

High demand for large horsepower compression and strong year-over-year increases in Permian gas production.

Kodiak Gas Services, Inc. (KGS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KGS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.48 / -	-0.07	―	―	―
Aug 06, 2025	2025 (Q2)	0.46 / 0.43	0.06	616.67% (+0.37)	―
May 07, 2025	2025 (Q1)	0.39 / 0.33	0.39	-15.38% (-0.06)	―
Mar 05, 2025	2024 (Q4)	0.38 / 0.21	-0.09	333.33% (+0.30)	―
Nov 07, 2024	2024 (Q3)	0.35 / -0.07	0.28	-125.00% (-0.35)	―
Aug 12, 2024	2024 (Q2)	0.55 / 0.06	0.3	-80.00% (-0.24)	―
May 08, 2024	2024 (Q1)	0.37 / 0.39	-0.21	285.71% (+0.60)	―
Mar 06, 2024	2023 (Q4)	0.29 / -0.09	0.025	-460.00% (-0.11)	―	―
Nov 08, 2023	2023 (Q3)	0.19 / 0.28	0.778	-64.01% (-0.50)	―
Aug 09, 2023	2023 (Q2)	-0.14 / 0.30	0.151	98.68% (+0.15)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

KGS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$31.97	$31.82	-0.47%
May 07, 2025	$33.64	$34.93	+3.83%
Mar 05, 2025	$39.47	$33.56	-14.97%
Nov 07, 2024	$33.59	$33.32	-0.80%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Kodiak Gas Services, Inc. (KGS) report earnings?

Kodiak Gas Services, Inc. (KGS) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Kodiak Gas Services, Inc. (KGS) earnings time?

Kodiak Gas Services, Inc. (KGS) earnings time is at Nov 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is KGS EPS forecast?

KGS EPS forecast for the fiscal quarter 2025 (Q3) is 0.48.

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