Kodiak Gas Services (KGS) Operating Expenses (2022 - 2026)

Kodiak Gas Services (KGS) posted Operating Expenses of $238.9 million for Q1 2026, down 2.86% on a QoQ basis from $246.0 million in Q4 2025, and down 0.63% year-over-year from $240.5 million in Q1 2025.

Kodiak Gas Services (KGS) Operating Expenses (2022 - 2026) Analysis & Trends

Kodiak Gas Services' Operating Expenses history runs 5 years deep, the most recent figure standing at $238.9 million for Q1 2026.

  • Quarterly Operating Expenses fell 0.63% year-over-year to $238.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $966.6 million (down 2.85% YoY) and the FY2025 annual result came in at $968.1 million, up 6.4% from the prior year.
  • Operating Expenses was $238.9 million for Q1 2026 at Kodiak Gas Services, down from $246.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $258.6 million in Q3 2024 and bottomed at $122.2 million in Q4 2022.
  • A 5-year average of $193.4 million and a median of $196.6 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses jumped 80.88% — and 2025, when it slipped 12.67%.
  • Kodiak Gas Services' Operating Expenses stood at $122.2 million in 2022, then jumped by 35.23% to $165.2 million in 2023, then surged by 45.53% to $240.5 million in 2024, then increased by 2.29% to $246.0 million in 2025, then retreated by 2.86% to $238.9 million in 2026.
  • Business Quant data shows KGS's Operating Expenses at $238.9 million in Q1 2026, $246.0 million in Q4 2025, and $258.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 261.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -466.59 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 2.14 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 4.72 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 9.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 998.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 45.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 69.48 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 238.95 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 267.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 238.95 Mn
Dec 31, 2025 245.98 Mn
Sep 30, 2025 258.54 Mn
Jun 30, 2025 223.11 Mn
Mar 31, 2025 240.46 Mn
Dec 31, 2024 240.47 Mn
Sep 30, 2024 258.57 Mn
Jun 30, 2024 255.49 Mn
Mar 31, 2024 155.33 Mn
Dec 31, 2023 165.24 Mn
Sep 30, 2023 170.03 Mn
Jun 30, 2023 141.25 Mn
Mar 31, 2023 129.76 Mn
Dec 31, 2022 122.19 Mn
Sep 30, 2022 124.39 Mn
Jun 30, 2022 125.25 Mn