Kodiak Gas Services reports Q4 net income $19.1M; 2024 adjusted EBITDA $609.6M, provides 2025 guidance

Kodiak Gas Services, Inc.

Net income attributable to common shareholders was $19.1M in Q4 2024 vs net loss of $6.9M in Q4 2023.
Full year 2024 adjusted EBITDA of $609.6M, up from $438.1M in 2023.
Fleet utilization 97% in Q4; Contract Services adjusted gross margin 66.7%.
2025 adjusted EBITDA guidance range $685M to $725M; growth capex $240M to $280M.
Executed $15M of $50M share repurchase program; repurchased 1.4M shares at avg $27.88.

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