secwatch.observer — SEC 8-K summary
======================================

Issuer:     Kodiak Gas Services, Inc. (KGS)
CIK:        0001767042
Form:       8-K/A
Filed at:   2026-05-13T20:57:23+00:00
Accession:  0001193125-26-221869
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodiak Gas Services files DPS audited financials: $93M revenue, $15.4M net income for FY2025
--------------------------------------------------------------------------------

- Acquired DPS on April 1, 2026 for $675M; $575M cash plus 2.4M KGS shares (~$113.6M).
- DPS FY2025 revenue $93.0M, net income $15.4M; total assets $269.5M, members' equity $122.9M.
- DPS long-term debt $111.2M; customer concentration: 42% of revenue from two customers.
- DPS gross profit $39.3M (42.2% margin); net cash from operations $37.2M.
- Acquisition closed April 1, 2026; audited FY2025 and unaudited Q1 2026 financials now filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767042/000119312526221869/0001193125-26-221869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767042/000119312526221869/d117077d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-221869

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer