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

Kodiak Gas Services has reported Operating Expenses for 5 years, with the latest figure at $238.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 0.63% year-over-year to $238.9 million; the trailing twelve-month figure through Mar 2026 stood at $966.6 million (down 2.85% YoY), and the FY2025 full-year result was $968.1 million, up 6.4% from the prior year.
• Operating Expenses for Q1 2026 stood at $238.9 million, down from $246.0 million in the prior quarter.
• The five-year high for Operating Expenses was $258.6 million in Q3 2024, with the low at $122.2 million in Q4 2022.
• Historically, Operating Expenses has averaged $193.4 million across 5 years, with a median of $196.6 million in 2023.
• Annual changes were most pronounced in 2024 — Operating Expenses jumped 80.88% — and 2025, when it fell 12.67%.
• Kodiak Gas Services' Operating Expenses stood at $122.2 million in 2022, then surged by 35.23% to $165.2 million in 2023, then soared by 45.53% to $240.5 million in 2024, then climbed by 2.29% to $246.0 million in 2025, then declined by 2.86% to $238.9 million in 2026.
• The last three Operating Expenses figures came in at $238.9 million (Q1 2026), $246.0 million (Q4 2025), and $258.5 million (Q3 2025), per Business Quant data.