Kodiak Gas Services (KGS) Cost of Revenue (2022 - 2026)
Kodiak Gas Services (KGS) posted Cost of Revenue of $122.9 million for Q1 2026, up 2.4% on a QoQ basis from $120.0 million in Q4 2025, and down 4.35% year-over-year from $128.5 million in Q1 2025.
Kodiak Gas Services (KGS) Cost of Revenue (2022 - 2026) Analysis & Trends
Kodiak Gas Services' Cost of Revenue history runs 5 years deep, the most recent figure standing at $122.9 million for Q1 2026.
- Quarterly Cost of Revenue fell 4.35% year-over-year to $122.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $474.3 million (down 5.75% YoY) and the FY2025 annual result came in at $479.9 million, up 4.7% from the prior year.
- Cost of Revenue was $122.9 million for Q1 2026 at Kodiak Gas Services, up from $120.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $157.6 million in Q4 2023 and bottomed at $18.1 million in Q2 2023.
- A 5-year average of $98.7 million and a median of $115.7 million in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue plunged 68.97% — and 2024, when it jumped 603.18%.
- Kodiak Gas Services' Cost of Revenue stood at $100.2 million in 2022, then surged by 57.29% to $157.6 million in 2023, then decreased by 24.97% to $118.2 million in 2024, then advanced by 1.48% to $120.0 million in 2025, then rose by 2.4% to $122.9 million in 2026.
- Business Quant data shows KGS's Cost of Revenue at $122.9 million in Q1 2026, $120.0 million in Q4 2025, and $116.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 166.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 122.88 Mn |
| Mar 31, 2026 | 122.88 Mn |
| Dec 31, 2025 | 120.00 Mn |
| Dec 31, 2025 | 120.00 Mn |
| Sep 30, 2025 | 116.21 Mn |
| Sep 30, 2025 | 116.21 Mn |
| Jun 30, 2025 | 115.25 Mn |
| Jun 30, 2025 | 115.25 Mn |
| Mar 31, 2025 | 128.46 Mn |
| Mar 31, 2025 | 128.46 Mn |
| Dec 31, 2024 | 118.25 Mn |
| Dec 31, 2024 | 118.25 Mn |
| Sep 30, 2024 | 129.29 Mn |
| Sep 30, 2024 | 129.29 Mn |
| Jun 30, 2024 | 127.27 Mn |
| Jun 30, 2024 | 127.27 Mn |
| Mar 31, 2024 | 83.57 Mn |
| Mar 31, 2024 | 83.57 Mn |
| Dec 31, 2023 | 157.61 Mn |
| Dec 31, 2023 | 157.61 Mn |