---
schema_version: "secwatch.filing_event.v1"
accession: "0001767042-24-000028"
form_type: "8-K"
ticker: "KGS"
cik: "0001767042"
company_name: "Kodiak Gas Services, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:07:18.206041+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kodiak Q1 revenue $215.5M, record Adj. EBITDA $117.8M; raises FY2024 guidance

## Summary
- Q1 total revenues $215.5M (up 13% YoY); net income $30.2M vs net loss $12.3M a year ago.
- Record quarterly Adjusted EBITDA $117.8M (up 11% YoY); horsepower utilization 99.8%.
- FY2024 Adjusted EBITDA guidance raised to $580-610M; DCF expected $360-390M.
- Declared cash dividend of $0.38/share ($1.52 annualized).
- Closed CSI Compressco acquisition on April 1, 2024, forming largest contract compression fleet.

## SEC filing metadata
- accession: 0001767042-24-000028
- form_type: 8-K
- ticker: KGS
- cik: 0001767042
- company_name: Kodiak Gas Services, Inc.
- filed_at: 2024-05-08T23:59:59+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/1767042/000176704224000028/0001767042-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767042/000176704224000028/kgs-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767042-24-000028
- JSON: https://secwatch.observer/filing/0001767042-24-000028.json
- Plain text: https://secwatch.observer/filing/0001767042-24-000028.txt

## Key facts
- Earnings Releases
  Kodiak Gas Services, Inc. reported the quarter ended March 31, 2024 results: revenue $215.5 million, net income $30.2 million. Guidance raised.
  - Period: the quarter ended March 31, 2024
  - Revenue: $215.5 million
  - Net income: $30.2 million
  - Guidance: raised
  - Result: reported results
  source text: any contribution from the Company’s acquisition of CSI Compressco (“CSI”) that closed on April 1, 2024. First Quarter 2024 Highlights • Total revenues for the quarter were $215.5 million compared to $190.1 million in the first quarter of 2023 • Core Compression Operations segment revenues increased 2% sequentially and 9% over last year’s first quarter •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1767042/000176704224000028/0001767042-24-000028-index.htm

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