Kodiak Gas Services (KGS) Net Margin (2022 - 2026)
Kodiak Gas Services' Net Margin came in at 13.29% for Q2 2026, up 1.05 percentage points from 12.23% a year earlier and up 8.14 percentage points from the prior quarter.
Kodiak Gas Services (KGS) Net Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Kodiak Gas Services reported Net Margin of 5.77%, down 0.70 percentage points year-over-year; for FY2025, it came in at 6.16%, up 1.85 percentage points from FY2024.
- Net Margin carries a four-year change of -23.69 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was 4.30% in FY2024 (+1.94 pp), 2.36% in FY2023 (-12.65 pp), 15.01% in FY2022 (-14.83 pp) and 29.84% in FY2021.
- The Q2 2026 figure represents the highest quarterly Net Margin since Q1 2024.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -0.12 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2024 (a gain of 20.52 percentage points), and the weakest in Q3 2023 (a drop of 15.71 percentage points).
- Business Quant data shows KGS's Net Margin at 5.15% (Q1 2026), 7.40% (Q4 2025) and -4.34% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 8.76% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 10.10% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 13.13% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 9.35% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 5.25% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | -5.10% |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 17.60% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 3.53% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 9.35% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 13.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.29% |
| Mar 31, 2026 | 5.15% |
| Dec 31, 2025 | 7.40% |
| Sep 30, 2025 | -4.34% |
| Jun 30, 2025 | 12.23% |
| Mar 31, 2025 | 9.23% |
| Dec 31, 2024 | 6.17% |
| Sep 30, 2024 | -1.74% |
| Jun 30, 2024 | 2.01% |
| Mar 31, 2024 | 14.03% |
| Dec 31, 2023 | -3.04% |
| Sep 30, 2023 | 9.42% |
| Jun 30, 2023 | 8.62% |
| Mar 31, 2023 | -6.49% |
| Dec 31, 2022 | 1.06% |
| Sep 30, 2022 | 25.13% |
| Jun 30, 2022 | 5.02% |
Kodiak Gas Services Net 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=net-margin&ticker=KGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=KGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();