Kodiak Gas Services (KGS) Operating Leases (2022 - 2026)
Kodiak Gas Services (KGS) recorded Operating Leases of $39.83 million in Q2 2026, down 8.9% from $43.74 million a year earlier and down 5.4% from the prior quarter.
Kodiak Gas Services (KGS) Operating Leases (2022 - 2026) Analysis & Trends
At the end of FY2025, Kodiak Gas Services reported Operating Leases of $39.39 million, down 20.8% from FY2024.
- Annual Operating Leases has a three-year compound annual growth rate of 80.0% (FY2022 to FY2025).
- Across earlier years, Operating Leases came in at $49.75 million in FY2024 (+44.3%), $34.47 million in FY2023 (+410.3%) and $6.75 million in FY2022.
- Quarterly Operating Leases has ranged from $6.75 million in Q4 2022 to $50.49 million in Q3 2024 over the past five years.
- On a year-over-year basis, Operating Leases has declined for five consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 410.3% in Q4 2023, against a decline of 20.8% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $42.12 million (Q1 2026), $39.39 million (Q4 2025) and $41.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 74.52 Bn | 70.45 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn |
| 10 | Kodiak Gas Services | 4.53 Bn | 4.29 Bn | 246.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.83 Mn |
| Mar 31, 2026 | 42.12 Mn |
| Dec 31, 2025 | 39.39 Mn |
| Sep 30, 2025 | 41.49 Mn |
| Jun 30, 2025 | 43.74 Mn |
| Mar 31, 2025 | 46.52 Mn |
| Dec 31, 2024 | 49.75 Mn |
| Sep 30, 2024 | 50.49 Mn |
| Jun 30, 2024 | 49.39 Mn |
| Mar 31, 2024 | 33.90 Mn |
| Dec 31, 2023 | 34.47 Mn |
| Sep 30, 2023 | 34.03 Mn |
| Jun 30, 2023 | 29.97 Mn |
| Dec 31, 2022 | 6.75 Mn |
Kodiak Gas Services Operating Leases 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=operating-leases&ticker=KGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=KGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();