FY2025 · ended Dec 31, 2025 · Revenue $1.31B, +12.8% YoY · Filed Feb 26, 2026
Kodiak Gas Services, Inc. (KGS) files with the SEC under industry code 4922, Natural Gas Transmission. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.3 billion and net income of $80.5 million. Free cash flow was $284.3 million. As of Jun 30, 2026 it held $137.6 million in cash and investments and $2.8 billion in total debt.
Revenue (TTM)
$1.39B
+8.2% vs year-ago TTM
Net income (TTM)
$80.39M
-3.5% vs year-ago TTM
Operating cash flow (TTM)
$478.89M
+7.2% vs year-ago TTM
Free cash flow (TTM)
$5.01M
-96.1% vs year-ago TTM
EPS (TTM)
$0.88
-6.8% vs year-ago TTM
Dividend per share
$1.80
Shares outstanding
85.87M
-2.3% vs prior year
Net cash
$-2.68B
as of Jun 30, 2026
Operating margin
27.4%
FY 2026
Company profile
- Industry
- Natural Gas Transmission (SIC 4922)
- Listed as
- KGS (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- The Woodlands, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1767042
- Former names
- Frontier TopCo, Inc. (until Feb 7, 2019)
Other Natural Gas Transmission companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
|---|---|---|---|
| Revenue | $1.3B | $1.2B | $850.4M |
| Operating income | $340.0M | $249.4M | $244.1M |
| Net income | $80.5M | $49.9M | $20.1M |
| Diluted EPS | $0.89 | $0.56 | $0.29 |
| Operating cash flow | $599.7M | $328.0M | $266.3M |
| Free cash flow | $284.3M | -$9.0M | $46.5M |
| Total assets | $4.3B | $4.4B | $3.2B |
| Total liabilities | $3.1B | $3.1B | $2.1B |
| Stockholders' equity | $1.2B | $1.4B | — |
| Cash and investments | $3.2M | $4.8M | $5.6M |
| Total debt | $2.6B | $2.7B | $1.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Nov 5, 2026 | Nov 4, 2026 |
| 8-K/A | Amended current report | Sep 28, 2026 | Apr 1, 2026 |
| 8-K |
Current report
Bylaw or fiscal year change
|
Sep 28, 2026 | Sep 28, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 6, 2026 | Aug 5, 2026 |
All 385 Kodiak Gas Services, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.