Kodiak Gas Services Q4 revenue slightly beats analyst expectations

Kodiak Gas Services

25/02/2026 22:09

Overview

Energy infrastructure provider's Q4 revenue slightly beat analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Company previously announced acquisition of Distributed Power Solutions, LLC

Outlook

Kodiak expects 2026 adjusted EBITDA between $750 mln and $780 mln

Growth capital expenditures for 2026 expected between $235 mln and $265 mln

Company aims to deliver approximately 150,000 new unit horsepower in 2026

Result Drivers

HIGH FLEET UTILIZATION - Fleet utilization increased to 97.7%, reflecting efficient use of resources

TECHNOLOGY AND TALENT INVESTMENTS - Investments in technology and talent enhanced operational execution

STRONG DEMAND - Demand for large horsepower contract compression services contributed to record adjusted EBITDA and high gross margins

Company press release: ID:nBw9QHPCqa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$332.87 mln
$330.96 mln (7 Analysts)
Q4 Net Income
$24.63 mln
Q4 Adjusted EBITDA
Beat
$184.45 mln
$180.20 mln (11 Analysts)
Q4 Free Cash Flow
$78.61 mln
Q4 Income from Operations
$86.89 mln
Q4 Operating Expenses
$245.98 mln
Q4 Pretax Profit
$38.98 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)