---
schema_version: "secwatch.filing_event.v1"
accession: "0001767042-23-000007"
form_type: "8-K"
ticker: "KGS"
cik: "0001767042"
company_name: "Kodiak Gas Services, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:55:54.771858+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kodiak Gas Services Q3 revenues $231M, Adjusted EBITDA $110.1M record; initiates $0.38 dividend

## Summary
- Total revenues $231M, up 26% YoY; net income $21.8M vs $45.9M in prior year.
- Adjusted EBITDA record $110.1M, up 8.4% YoY; full-year 2023 guidance raised to $430-440M.
- Initiated quarterly dividend of $0.38/share, first payment Nov 10, 2023.
- Compression Operations revenue $186.7M (+14% YoY); horsepower utilization 99.9%.
- Total debt $1.8B, leverage ratio 4.07x; $396.2M available on ABL facility.

## SEC filing metadata
- accession: 0001767042-23-000007
- form_type: 8-K
- ticker: KGS
- cik: 0001767042
- company_name: Kodiak Gas Services, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767042/000176704223000007/0001767042-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767042/000176704223000007/kgs-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767042-23-000007
- JSON: https://secwatch.observer/filing/0001767042-23-000007.json
- Plain text: https://secwatch.observer/filing/0001767042-23-000007.txt

## Key facts
- Earnings Releases
  Kodiak Gas Services, Inc. reported the quarter ended September 30, 2023 results: revenue $231.0 million, net income $21.8 million.
  - Period: the quarter ended September 30, 2023
  - Revenue: $231.0 million
  - Net income: $21.8 million
  - Result: reported results
  source text: reported financial and operating results for the quarter ended September 30, 2023 and also updated full-year 2023 guidance. Third Quarter 2023 Highlights • Total revenues were $231.0 million compared to $182.6 million in the third quarter of 2022 • Core Compression Operations segment revenues grew 14% over last year’s third quarter and 3% sequentially • Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1767042/000176704223000007/0001767042-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.