The earnings call highlighted Kodiak Gas Services' strong financial performance, strategic advancements, and positive outlook, despite some challenges in the oil market and labor availability.

Company Guidance

During the Kodiak Gas Services Second Quarter 2025 Earnings Conference Call, the company outlined several key financial metrics and strategic moves that reflect its positive outlook. Kodiak increased its share repurchase program by $100 million, having already bought back approximately 2 million shares at an average price of over $30. The company's inclusion in the S&P Small Cap 600 Index marks a significant milestone, enhancing its visibility and shareholder value. For the second quarter, Kodiak reported a fleet utilization rate over 97%, with large horsepower units nearly fully utilized at over 99%. The company achieved record-setting results in adjusted EBITDA and free cash flow, with adjusted EBITDA reaching $178.2 million, a 15% year-over-year increase. Contract Services revenue grew by over 6%, and the adjusted gross margin percentage for this segment climbed by 430 basis points to 68.3%. Kodiak's leverage ratio fell to a new low of 3.6x, and the company declared a quarterly dividend of $0.45 per share. Moving forward, Kodiak raised its adjusted EBITDA guidance and anticipates continued strong demand for large horsepower compression, driven by increasing natural gas volumes in the Permian Basin and strategic investments in technology to enhance operational efficiency.

Increased Share Repurchase Program

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

Inclusion in S&P Small Cap 600 Index

Kodiak Gas Services was added to the S&P Small Cap 600 Index, highlighting the strength of the company's business strategy and commitment to profitable growth.

High Fleet Utilization

Fleet utilization ticked up to over 97% with large horsepower being effectively fully utilized at over 99%.

Record-Setting Financial Performance

Kodiak set new records in adjusted EBITDA and free cash flow, with a 15% increase in adjusted EBITDA compared to the previous year.

Strong Contract Services Segment

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

Successful Technology Investments

The use of industrial AI and machine learning for early detection of part failures has led to lower costs and more proactive asset management.

Increased 2025 Guidance

Kodiak increased the midpoint of their adjusted EBITDA guidance and discretionary cash flow outlook for 2025.

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)	0.50 / -	-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 0.5.

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