Kodiak Gas Services Q1 FY26 adjusted EBITDA rises 7% to USD 190.09 million

PUBT

2026.05.11 10:01

Kodiak Gas Services reported a 7% increase in adjusted EBITDA to USD 190.09 million for Q1 FY26, with total revenues rising 4.9% to USD 345.76 million. The company posted a net income of USD 17.8 million, or USD 0.20 per diluted share. Contract Services revenue grew by 6.2% to USD 307 million, and fleet utilization improved to 98%. Kodiak raised its full-year 2026 adjusted EBITDA guidance to USD 820 million-USD 860 million and targets over 650 MW of power generation capacity by 2030.

Kodiak Gas Services posted first-quarter net income attributable to common shareholders of USD 17.8 million, or USD 0.20 per diluted share, while adjusted net income rose to USD 52 million, or USD 0.59 per adjusted diluted share. * Total revenues climbed 4.9% year over year to USD 345.76 million, while adjusted EBITDA increased 7% to USD 190.09 million. * Contract Services revenue rose 6.2% to USD 307 million, while fleet utilization improved 1.1 percentage points to 98%. * Kodiak raised full-year 2026 adjusted EBITDA guidance to USD 820 million-USD 860 million following the April 1 closing of Distributed Power Solutions. * Company procured more than 260 MW of additional power generation capacity, expects annual growth of 300 MW-500 MW through 2030, and targets power generation capacity of more than 650 MW with line of sight to more than 2 GW by end of decade. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kodiak Gas Services Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260511291625) on May 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)