---
schema_version: "secwatch.filing_event.v1"
accession: "0001767042-26-000009"
form_type: "8-K"
ticker: "KGS"
cik: "0001767042"
company_name: "Kodiak Gas Services, Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:23:45.579204+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kodiak Gas Q4 adj. EBITDA $184.5M (record); FY26 EBITDA guidance $750-780M

## Summary
- Q4 net income $24.6M ($0.28 diluted EPS); adjusted net income $35.3M ($0.40 adj. diluted EPS).
- Record quarterly adjusted EBITDA $184.5M (+9.1% YoY); fleet utilization 97.7% (+120 bps).
- FY 2025 discretionary cash flow $461.7M (+23.7% YoY); returned >$263M via dividends/buybacks.
- FY 2026 adj. EBITDA guidance $750-780M; growth capex $235-265M; ~150,000 new HP expected.
- Agreed to acquire Distributed Power Solutions on Feb 5, 2026; Mexico operations divested in 2025.

## SEC filing metadata
- accession: 0001767042-26-000009
- form_type: 8-K
- ticker: KGS
- cik: 0001767042
- company_name: Kodiak Gas Services, Inc.
- filed_at: 2026-02-25T23:59:59+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/1767042/000176704226000009/0001767042-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767042/000176704226000009/kgs-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767042-26-000009
- JSON: https://secwatch.observer/filing/0001767042-26-000009.json
- Plain text: https://secwatch.observer/filing/0001767042-26-000009.txt

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