Kodiak Gas Services (KGS) Gross Margin (2022 - 2026)
Kodiak Gas Services' (KGS) quarterly Gross Margin came in at 64.46% in Q1 2026, up 343.0% YoY from 14.55% in Q1 2025, and up 0.8% on a QoQ basis from 63.95% in Q4 2025.
Kodiak Gas Services (KGS) Gross Margin (2022 - 2026) Analysis & Trends
Kodiak Gas Services (KGS) has 5 years of Gross Margin data on file, last reported at 64.46% in 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 grew to 64.46% in Q1 2026, from 63.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.1% in Q2 2023 to a low of 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.
- The widest YoY moves for Gross Margin: up 3154 bps in 2024, down 3220 bps in 2024.
- Tracing KGS's Gross Margin over 5 years: stood at 44.26% in 2022, then plunged by 32 bps to 30.25% in 2023, then soared by 104 bps to 61.8% in 2024, then gained by 3 bps to 63.95% in 2025, then advanced by 1 bps to 64.46% in 2026.
- The last three Gross Margin figures came in at 64.46% (Q1 2026), 63.95% (Q4 2025), and 63.99% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 20.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 91.10% |
| Mar 31, 2023 | 66.98% |
| Dec 31, 2022 | 44.26% |
| Sep 30, 2022 | 69.41% |
| Jun 30, 2022 | 67.07% |