Kodiak Gas Services KGS
NYSE KGS
$64.04 -0.10 (-0.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

Kodiak Gas Services (KGS) Gross Margin (2022 - 2026)

Kodiak Gas Services' (KGS) quarterly Gross Margin came in at 63.09% in Q2 2026, down 121.0% on a YoY basis from 300.44% in Q2 2025, and down 2.12% quarter-over-quarter from 64.46% in Q1 2026.

Analysis

Kodiak Gas Services (KGS) Gross Margin (2022 - 2026) Analysis & Trends

Kodiak Gas Services (KGS) has reported Gross Margin for 5 consecutive years, with 63.09% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 121.0% year-over-year to 63.09%; the trailing twelve-month figure through Jun 2026 stood at 63.85% (up 203.0% YoY), and the FY2025 full-year result was 63.31%, up 285.0% from the prior year.
  • Gross Margin declined to 63.09% in Q2 2026 per KGS's latest filing, from 64.46% in the prior quarter.
  • Across five years, Gross Margin topped out at 71.66% in Q3 2023 and bottomed at 30.25% in Q4 2023.
  • Historically, Gross Margin has averaged 61.21% across 5 years, with a median of 63.95% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 1401 bps in 2023, then surged 3154 bps in 2024.
  • Over 5 years, 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 decreased by 1 bps to 63.09% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 63.09%, 64.46%, and 63.95% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 85.35 Bn 82.46 Bn 4.63 Bn 51.63%
2 Baker Hughes 63.03 Bn 47.48 Bn 1.58 Bn 23.46%
3 Halliburton 30.89 Bn 28.89 Bn 2.10 Bn 36.80%
4 Weatherford International 6.88 Bn 5.75 Bn 662.00 Mn 59.91%
5 Kodiak Gas Services 6.31 Bn 6.18 Bn 246.76 Mn 63.09%
6 Tidewater 4.69 Bn 4.07 Bn 161.54 Mn 47.19%
7 USA Compression Partners 3.95 Bn 3.94 Bn 217.36 Mn 63.53%
8 National Energy Services Reunited 3.50 Bn 3.32 Bn 81.29 Mn 15.61%
9 Liberty Energy 3.36 Bn 2.80 Bn 208.34 Mn 17.53%
10 Select Water Solutions 2.55 Bn 2.61 Bn 76.84 Mn 19.41%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 63.09%
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 68.02%
Mar 31, 2023 66.98%
Dec 31, 2022 44.26%
Sep 30, 2022 69.41%
Jun 30, 2022 67.07%