Kodiak Gas Services (KGS) Gross Margin (2022 - 2026)
Kodiak Gas Services (KGS) reported Gross Margin of 63.09% for Q2 2026, down 1.21 percentage points from 64.30% a year earlier and down 1.37 percentage points from the prior quarter.
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Analysis
Kodiak Gas Services (KGS) Gross Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Kodiak Gas Services' Gross Margin came in at 63.85%, up 2.03 percentage points year-over-year; for FY2025, it came in at 63.31%, up 2.85 percentage points from FY2024.
- Gross Margin has a four-year change of -2.03 percentage points (FY2021 to FY2025).
- By year, Gross Margin came in at 60.46% in FY2024 (+1.72 pp), 58.74% in FY2023 (-3.49 pp), 62.23% in FY2022 (-3.10 pp) and 65.34% in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q1 2025.
- Year over year, Gross Margin gained in six of the last eight quarters, with an average year-over-year change of +2.64 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2025 (a gain of 5.40 percentage points); the low point was Q3 2023 (a drop of 6.87 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 64.46% (Q1 2026), 63.95% (Q4 2025) and 63.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 16.57% |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | 24.39% |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | 14.73% |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 25.16% |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | 31.32% |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 19.72% |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | 32.72% |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | 37.14% |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | 29.70% |
| 10 | Kodiak Gas Services | 4.25 Bn | 4.01 Bn | 246.76 Mn | 63.09% |
Historic Data
Download Data
Historic 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 | 59.42% |
| Sep 30, 2023 | 54.85% |
| Jun 30, 2023 | 59.12% |
| Mar 31, 2023 | 62.25% |
| Dec 31, 2022 | 63.53% |
| Sep 30, 2022 | 61.72% |
| Jun 30, 2022 | 60.42% |
API Access
Kodiak Gas Services Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();