Kodiak Gas Services (KGS) Free Cash Flow (2022 - 2026)

Kodiak Gas Services (KGS) posted Free Cash Flow of -$47.2 million for Q1 2026, down 110.86% on a QoQ basis from $434.5 million in Q4 2025, and down 228.32% year-over-year from $36.8 million in Q1 2025.

Kodiak Gas Services (KGS) Free Cash Flow (2022 - 2026) Analysis & Trends

Kodiak Gas Services' Free Cash Flow history runs 5 years deep, the most recent figure standing at -$47.2 million for Q1 2026.

  • Quarterly Free Cash Flow fell 228.32% year-over-year to -$47.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $492.8 million (up 1253.15% YoY) and the FY2025 annual result came in at $576.7 million, up 6530.37% from the prior year.
  • Free Cash Flow was -$47.2 million for Q1 2026 at Kodiak Gas Services, down from $434.5 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $434.5 million in Q4 2025 and bottomed at -$138.6 million in Q3 2022.
  • A 5-year average of $44.7 million and a median of $34.2 million in 2023 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2024 — Free Cash Flow plunged 245.22% — and 2025, when it jumped 5882.34%.
  • Kodiak Gas Services' Free Cash Flow stood at $203.9 million in 2022, then slumped by 105.69% to -$11.6 million in 2023, then jumped by 490.24% to $45.2 million in 2024, then soared by 860.27% to $434.5 million in 2025, then tumbled by 110.86% to -$47.2 million in 2026.
  • Business Quant data shows KGS's Free Cash Flow at -$47.2 million in Q1 2026, $434.5 million in Q4 2025, and -$136.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 490.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 732.12 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 276.90 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 81.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -91.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 133.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 72.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -76.52 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -47.19 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 4.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -47.19 Mn
Mar 31, 2026 -47.19 Mn
Dec 31, 2025 434.50 Mn
Dec 31, 2025 434.50 Mn
Sep 30, 2025 -136.76 Mn
Sep 30, 2025 -136.76 Mn
Jun 30, 2025 242.23 Mn
Jun 30, 2025 242.23 Mn
Mar 31, 2025 36.78 Mn
Mar 31, 2025 36.78 Mn
Dec 31, 2024 45.25 Mn
Dec 31, 2024 45.25 Mn
Sep 30, 2024 -49.66 Mn
Sep 30, 2024 -49.66 Mn
Jun 30, 2024 4.05 Mn
Jun 30, 2024 4.05 Mn
Mar 31, 2024 -8.61 Mn
Mar 31, 2024 -8.61 Mn
Dec 31, 2023 -11.60 Mn
Dec 31, 2023 -11.60 Mn