AcquisitionsAug 7, 2026, 04:53 PM
Kodiak Gas Services Acquires DPS; Q2 Revenue +21.1% to $391.1M
AI Summary
Kodiak Gas Services completed the acquisition of Distributed Power Solutions (DPS) for $726.3 million, expanding its business into distributed power generation. The company reported strong financial results for Q2 2026, with total revenues increasing 21.1% to $391.1 million and net income rising 30.4% to $52.1 million. Basic EPS also saw a significant increase to $0.54. The acquisition significantly impacted the balance sheet, leading to a substantial increase in total assets and goodwill.
Key Highlights
- Acquired Distributed Power Solutions (DPS) for $726.3 million on April 1, 2026.
- Q2 2026 total revenues increased 21.1% to $391.1 million.
- Q2 2026 net income rose 30.4% to $52.1 million.
- Q2 2026 basic EPS grew 22.7% to $0.54.
- Total assets increased to $5.50 billion from $4.32 billion since year-end 2025.
- Goodwill increased to $753.5 million from $408.7 million.
- Net cash used for investing activities was $887.0 million for six months.
- Net cash provided by financing activities was $850.7 million for six months.
Price Impact
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