Kodiak Gas Services, Inc. 1Q 2026: Revenue $391.12M, EPS $0.53— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Kodiak Gas Services reported Q1 2026 revenue of $391.12M and diluted EPS of $0.53, up 21.1% and 23.3% year-over-year respectively. Growth was driven by higher compression pricing, increased horsepower utilization, and contributions from the newly launched Power Infrastructure segment following the April 2026 DPS acquisition. Net income rose 31.6% to $51.97M. Operational utilization remained strong at ~98% for compression and ~90% for power.
Kodiak Gas Services, Inc. reported first-quarter 2026 results with revenue of $391.12M and diluted EPS of $0.53, up 21.1% and 23.3% respectively versus the year-ago quarter, supported by stronger compression pricing, higher horsepower utilization and contributions from the newly launched Power segment.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $391.12M | $322.84M | 21.1% |
| Net income² | $51.97M | $39.5M | 31.6% |
| Diluted EPS³ | $0.53 | $0.43 | 23.3% |
¹ Reported as “Total revenues”. ² Reported as “Net income attributable to common shareholders”. ³ Reported as “Diluted earnings per share attributable to common shareholders”.
Business Highlights
- Revenue growth was driven by higher compression pricing and increased horsepower utilization, with fleet horsepower up 1.7% and revenue‑generating horsepower up 2.7%.
- Kodiak completed the acquisition of DPS on April 1, 2026, and launched a Power Infrastructure segment focused on distributed and behind‑the‑meter power, which contributed new revenues.
- Operational utilization remained strong: compression ~98% and power ~90% post‑acquisition, supporting demand for station construction and ancillary services in the Permian.
- Capital deployment included significant growth capex tied to the DPS acquisition and opportunistic equipment purchases to accelerate fleet deployment.
Original SEC Filing: Kodiak Gas Services, Inc. [ KGS ] - 10-Q - Aug. 07, 2026