# Kodiak Gas Services, Inc.

Summary updated: 2026-10-02T16:39:27.371739Z
Canonical: https://finbar.com/research/companies/kodiak-gas-services-inc

## Overview

Kodiak Gas Services, Inc. is a U.S. energy-services company that provides natural-gas compression infrastructure and related services to upstream and midstream customers. Its core offering is contract operation of compression units, supported by services including station construction, maintenance, overhauls, and parts. The company’s operations are concentrated in the Permian Basin and other U.S. regions; its disclosures do not establish an international operating footprint. [1](https://app.finbar.com/go?id=P28181436)[2](https://app.finbar.com/go?id=P66402081)[3](https://app.finbar.com/go?id=P121184293)[4](https://app.finbar.com/go?id=P75661272)

For FY2025, Kodiak reported revenue of $1.308 billion and a fleet of approximately 4.5 million horsepower. [5](https://app.finbar.com/go?id=T2188809)[6](https://app.finbar.com/go?id=P120529153) A third-party source reports 1,300 employees as of December 31, 2025. [7](https://stockanalysis.com/stocks/kgs/employees/) The company states that its mission is to be an employer of choice, a good environmental steward, a community advocate, and a trusted customer partner. [8](https://kodiakgas.com/about/) Kodiak was formed in 2010 and completed its IPO in 2023. [1](https://app.finbar.com/go?id=P28181436)[9](https://kodiakgas.com/history/)
[1](https://app.finbar.com/go?id=P28181436)[2](https://app.finbar.com/go?id=P66402081)[3](https://app.finbar.com/go?id=P121184293)[4](https://app.finbar.com/go?id=P75661272)[5](https://app.finbar.com/go?id=T2188809)[6](https://app.finbar.com/go?id=P120529153)[7](https://stockanalysis.com/stocks/kgs/employees/)[8](https://kodiakgas.com/about/)[9](https://kodiakgas.com/history/)

## Products & services

Kodiak provides contract compression equipment and related infrastructure to support natural-gas and oil production, gathering, transportation, and processing. Its fleet includes large-horsepower compressor units; company materials describe equipment from 20-hp electric-drive units through the Caterpillar G3600A4 engine line. At June 30, 2026, the fleet had 4,495,394 hp of compression capacity across 4,623 units, with 4,413,451 hp revenue-generating. [10](https://app.finbar.com/go?id=P154833120)[11](https://app.finbar.com/go?id=P154833122)[12](https://kodiakgas.com/contract-compression/)[13](https://app.finbar.com/go?id=T17859106)

Services include compressor installation and maintenance, overhauls, field troubleshooting and repairs, equipment upgrades, station construction and commissioning, and controls-system design and programming. Kodiak also offers turnkey power infrastructure, including distributed and behind-the-meter generation equipment with delivery, installation, operation, and maintenance; at June 30, 2026, this fleet totaled 405 MW. [14](https://app.finbar.com/go?id=P154833124)[15](https://app.finbar.com/go?id=P154833154)[16](https://kodiakgas.com/after-market-services/)[17](https://kodiakgas.com/turnkey-services/)[18](https://app.finbar.com/go?id=P154833123)[13](https://app.finbar.com/go?id=T17859106) In Q2 2026, reported revenue was approximately 80.6% Compression Infrastructure, 8.4% Power Infrastructure, and 11.0% Other Services; these are revenue-category shares, not individual product shares. [19](https://app.finbar.com/go?id=T17859070)
[10](https://app.finbar.com/go?id=P154833120)[11](https://app.finbar.com/go?id=P154833122)[12](https://kodiakgas.com/contract-compression/)[13](https://app.finbar.com/go?id=T17859106)[14](https://app.finbar.com/go?id=P154833124)[15](https://app.finbar.com/go?id=P154833154)[16](https://kodiakgas.com/after-market-services/)[17](https://kodiakgas.com/turnkey-services/)[18](https://app.finbar.com/go?id=P154833123)[19](https://app.finbar.com/go?id=T17859070)[12](https://kodiakgas.com/contract-compression/)[16](https://kodiakgas.com/after-market-services/)[17](https://kodiakgas.com/turnkey-services/)

## Geographic presence

Kodiak Gas Services’ U.S. service-area page identifies the Permian, Eagle Ford, Marcellus/Utica, DJ Basin, Powder River, and SCOOP/STACK basins. The company describes the Permian as a key market and the largest U.S. oil-and-gas-producing basin. [20](https://kodiakgas.com/service-area/)[10](https://app.finbar.com/go?id=P154833120)[11](https://app.finbar.com/go?id=P154833122)

Kodiak lists offices in Texas, Alabama, Colorado, Louisiana, Mississippi, New Mexico, North Dakota, Ohio, Oklahoma, and Wyoming. Its principal executive office is at 9950 Woodloch Forest Drive, Suite 1900, The Woodlands, Texas 77380. [21](https://kodiakgas.com/locations/)[22](https://app.finbar.com/go?id=T17859064)

The Q2 2026 filing presents operating segments by business rather than geography; geographic revenue percentages and employee distribution by geography were not identified in the cited filings. [23](https://app.finbar.com/go?id=P154833091)[24](https://app.finbar.com/go?id=P154832885)
[10](https://app.finbar.com/go?id=P154833120)[11](https://app.finbar.com/go?id=P154833122)[22](https://app.finbar.com/go?id=T17859064)[23](https://app.finbar.com/go?id=P154833091)[24](https://app.finbar.com/go?id=P154832885)[20](https://kodiakgas.com/service-area/)[21](https://kodiakgas.com/locations/)

## Business segments

Kodiak reported two segments in FY2025: **Contract Services**, providing contract compression services, and **Other Services**, covering ancillary services such as station construction, maintenance and overhaul, freight/crane, and time-and-material work. [25](https://app.finbar.com/go?id=P96552774)[26](https://app.finbar.com/go?id=P154833094) Effective June 30, 2026, it revised its reporting structure to three segments: **Compression Infrastructure** (formerly Contract Services), **Power Infrastructure** (distributed-power operations), and **Other Services**; prior-period segment information was recast to conform to the new presentation. [23](https://app.finbar.com/go?id=P154833091)[24](https://app.finbar.com/go?id=P154832885)

Compression Infrastructure provides compression equipment and related services supporting natural-gas and oil production, gathering and transport. [11](https://app.finbar.com/go?id=P154833122) Power Infrastructure provides distributed-power equipment and capacity, with delivery, installation, operation and maintenance services. [18](https://app.finbar.com/go?id=P154833123) Other Services comprises ancillary offerings, including station construction, maintenance and overhaul, freight/crane, and time-and-material services. [14](https://app.finbar.com/go?id=P154833124)[26](https://app.finbar.com/go?id=P154833094)

By disclosed segment revenue, FY2025 mix was approximately **90.3% Contract Services** ($1,181.3 million) and **9.7% Other Services** ($126.8 million). [27](https://app.finbar.com/go?id=T6764988) For the six months ended June 30, 2026, under the revised structure, approximate mix was **84.4% Compression Infrastructure** ($622.1 million), **4.5% Power Infrastructure** ($32.9 million), and **11.1% Other Services** ($81.9 million). [28](https://app.finbar.com/go?id=T17859111)[29](https://app.finbar.com/go?id=T17859112)[30](https://app.finbar.com/go?id=T17859113) The 2026 figures reflect the revised segment presentation; Power Infrastructure’s contribution followed the April 1, 2026 acquisition of DPS. [10](https://app.finbar.com/go?id=P154833120)
[25](https://app.finbar.com/go?id=P96552774)[26](https://app.finbar.com/go?id=P154833094)[23](https://app.finbar.com/go?id=P154833091)[24](https://app.finbar.com/go?id=P154832885)[11](https://app.finbar.com/go?id=P154833122)[18](https://app.finbar.com/go?id=P154833123)[14](https://app.finbar.com/go?id=P154833124)[27](https://app.finbar.com/go?id=T6764988)[27](https://app.finbar.com/go?id=T6764988)[27](https://app.finbar.com/go?id=T6764988)[28](https://app.finbar.com/go?id=T17859111)[29](https://app.finbar.com/go?id=T17859112)[30](https://app.finbar.com/go?id=T17859113)[10](https://app.finbar.com/go?id=P154833120)

## Company history

Kodiak Gas Services traces its formation to May 2010, began operations in 2011, and placed its first two compression units in service in January 2012. It partnered with The Stephens Group in 2011. [31](https://app.finbar.com/go?id=P163696908)[32](https://app.finbar.com/go?id=P163696164)[9](https://kodiakgas.com/history/)

In February 2019, EQT acquired Kodiak from The Stephens Group; that year Kodiak also acquired Pegasus Optimization Managers, and Mickey McKee became CEO. [31](https://app.finbar.com/go?id=P163696908)[32](https://app.finbar.com/go?id=P163696164)[33](https://kodiakgas.com/eqt-acquires-kodiak-gas-services-llc/) Kodiak went public in June 2023, listing on the NYSE under KGS. [34](https://ir.kodiakgas.com/news-events/press-releases/detail/11/kodiak-gas-services-inc-prices-initial-public-offering) It completed its acquisition of CSI Compressco LP on April 1, 2024, and completed its acquisition of Distributed Power Solutions on April 1, 2026, expanding into distributed power. [35](https://app.finbar.com/go?id=P7680156)[36](https://ir.kodiakgas.com/news-events/press-releases/detail/25/kodiak-gas-services-inc-announces-completion-of-csi)[37](https://ir.kodiakgas.com/news-events/press-releases/detail/76/kodiak-gas-services-announces-completion-of-distributed)
[31](https://app.finbar.com/go?id=P163696908)[32](https://app.finbar.com/go?id=P163696164)[35](https://app.finbar.com/go?id=P7680156)[9](https://kodiakgas.com/history/)[33](https://kodiakgas.com/eqt-acquires-kodiak-gas-services-llc/)[34](https://ir.kodiakgas.com/news-events/press-releases/detail/11/kodiak-gas-services-inc-prices-initial-public-offering)[36](https://ir.kodiakgas.com/news-events/press-releases/detail/25/kodiak-gas-services-inc-announces-completion-of-csi)[37](https://ir.kodiakgas.com/news-events/press-releases/detail/76/kodiak-gas-services-announces-completion-of-distributed)

## Sources

1. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P28181436)
2. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P66402081)
3. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P121184293)
4. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P75661272)
5. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2188809)
6. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P120529153)
7. [stockanalysis.com](https://stockanalysis.com/stocks/kgs/employees/)
8. [kodiakgas.com](https://kodiakgas.com/about/)
9. [kodiakgas.com](https://kodiakgas.com/history/)
10. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833120)
11. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833122)
12. [kodiakgas.com](https://kodiakgas.com/contract-compression/)
13. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17859106)
14. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833124)
15. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833154)
16. [kodiakgas.com](https://kodiakgas.com/after-market-services/)
17. [kodiakgas.com](https://kodiakgas.com/turnkey-services/)
18. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833123)
19. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17859070)
20. [kodiakgas.com](https://kodiakgas.com/service-area/)
21. [kodiakgas.com](https://kodiakgas.com/locations/)
22. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17859064)
23. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833091)
24. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154832885)
25. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P96552774)
26. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P154833094)
27. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T6764988)
28. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17859111)
29. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17859112)
30. [Kodiak Gas Services, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17859113)
31. [Kodiak Gas Services, Inc. — Ipo (2023 O)](https://app.finbar.com/go?id=P163696908)
32. [Kodiak Gas Services, Inc. — Ipo (2023 O)](https://app.finbar.com/go?id=P163696164)
33. [kodiakgas.com](https://kodiakgas.com/eqt-acquires-kodiak-gas-services-llc/)
34. [ir.kodiakgas.com](https://ir.kodiakgas.com/news-events/press-releases/detail/11/kodiak-gas-services-inc-prices-initial-public-offering)
35. [Kodiak Gas Services, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P7680156)
36. [ir.kodiakgas.com](https://ir.kodiakgas.com/news-events/press-releases/detail/25/kodiak-gas-services-inc-announces-completion-of-csi)
37. [ir.kodiakgas.com](https://ir.kodiakgas.com/news-events/press-releases/detail/76/kodiak-gas-services-announces-completion-of-distributed)

AI-generated summary; may contain errors. Not investment advice. Sign up to Finbar to view original document sources and access worldwide fundamental financial data and intelligence.