Kodiak Gas Services (KGS) Gross Margin (2022 - 2026)
Kodiak Gas Services (KGS) reported Gross Margin of 64.46% for Q1 2026, up 343.0% on a YoY basis from 14.55% in Q1 2025, and up 0.8% quarter-over-quarter from 63.95% in Q4 2025.
Kodiak Gas Services (KGS) Gross Margin (2022 - 2026) Analysis & Trends
Kodiak Gas Services has reported Gross Margin for 5 years, with the latest figure at 64.46% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 343.0% year-over-year to 64.46%; the trailing twelve-month figure through Mar 2026 stood at 64.18% (up 370.0% YoY), and the FY2025 full-year result was 63.31%, up 285.0% from the prior year.
- Gross Margin for Q1 2026 stood at 64.46%, up from 63.95% in the prior quarter.
- The five-year high for Gross Margin was 93.35% in Q2 2022, with the low at 29.45% in Q4 2022.
- Historically, Gross Margin has averaged 58.2% across 5 years, with a median of 63.97% in 2025.
- The largest YoY upside for Gross Margin was 8790 bps in 2024 against a maximum downside of 3220 bps in 2024.
- Kodiak Gas Services' Gross Margin stood at 29.45% in 2022, then grew by 11 bps to 26.1% in 2023, then jumped by 337 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 17.37% |
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 | -26.10% |
| Sep 30, 2023 | 83.19% |
| Jun 30, 2023 | 91.10% |
| Mar 31, 2023 | 66.98% |
| Dec 31, 2022 | -29.45% |
| Sep 30, 2022 | 92.31% |
| Jun 30, 2022 | 93.35% |