---
schema_version: "secwatch.filing_event.v1"
accession: "0001767042-24-000060"
form_type: "8-K"
ticker: "KGS"
cik: "0001767042"
company_name: "Kodiak Gas Services, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:41:59.509587+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kodiak Gas Services Q3 2024: record Adjusted EBITDA $168.4M, raises FY guidance, issues 2025 outlook

## Summary
- Contract Services revenue $284.3M, Adj. Gross Margin 66.0%; net loss $6.2M due to $9.9M impairment and $20.3M mark-to-market hedging loss.
- Record quarterly Adj. EBITDA $168.4M and Free Cash Flow $52.5M; fleet utilization 96.4% (+2.1% sequentially).
- FY2024 Adj. EBITDA guidance raised to $600-610M (low end +$10M); early 2025 outlook $675-725M.
- Deployed 50,000 hp of new large compression units; divested ~95,000 hp small units, exited Canada.
- Repurchased 1 million shares for $25 million during Q3.

## SEC filing metadata
- accession: 0001767042-24-000060
- form_type: 8-K
- ticker: KGS
- cik: 0001767042
- company_name: Kodiak Gas Services, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767042/000176704224000060/0001767042-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767042/000176704224000060/kgs-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767042-24-000060
- JSON: https://secwatch.observer/filing/0001767042-24-000060.json
- Plain text: https://secwatch.observer/filing/0001767042-24-000060.txt

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