Kodiak Gas Services (KGS) Gross Margin (2022 - 2026)
Kodiak Gas Services (KGS) posted Gross Margin of 64.46% for Q1 2026, up 0.8% on a QoQ basis from 63.95% in Q4 2025, and up 343.0% year-over-year from 14.55% in Q1 2025.
Kodiak Gas Services (KGS) Gross Margin (2022 - 2026) Analysis & Trends
Kodiak Gas Services' Gross Margin history runs 5 years deep, the most recent figure standing at 64.46% for Q1 2026.
- Quarterly Gross Margin rose 343.0% year-over-year to 64.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 64.18% (up 370.0% YoY) and the FY2025 annual result came in at 63.31%, up 285.0% from the prior year.
- Gross Margin was 64.46% for Q1 2026 at Kodiak Gas Services, up from 63.95% in the prior quarter.
- Across five years, Gross Margin topped out at 91.1% in Q2 2023 and bottomed at 30.25% in Q4 2023.
- A 5-year average of 62.53% and a median of 63.97% in 2025 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 3154 bps in 2024, while the deepest fall reached 3220 bps in 2024.
- Kodiak Gas Services' Gross Margin stood at 44.26% in 2022, then slumped by 32 bps to 30.25% in 2023, then surged by 104 bps to 61.8% in 2024, then climbed by 3 bps to 63.95% in 2025, then grew by 1 bps to 64.46% in 2026.
- Business Quant data shows KGS's Gross Margin at 64.46% in Q1 2026, 63.95% in Q4 2025, and 63.99% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 49.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.46% |
| Dec 31, 2025 | 63.95% |
| Sep 30, 2025 | 63.99% |
| Jun 30, 2025 | 64.30% |
| Mar 31, 2025 | 61.03% |
| Dec 31, 2024 | 61.80% |
| Sep 30, 2024 | 60.17% |
| Jun 30, 2024 | 58.90% |
| Mar 31, 2024 | 61.22% |
| Dec 31, 2023 | 30.25% |
| Sep 30, 2023 | 71.66% |
| Jun 30, 2023 | 91.10% |
| Mar 31, 2023 | 66.98% |
| Dec 31, 2022 | 44.26% |
| Sep 30, 2022 | 69.41% |
| Jun 30, 2022 | 67.07% |