Quarterly ResultAug 6, 2026, 05:10 PM
Kodiak Q2 Adj. EBITDA $216.8M, Raises FY26 Guidance
AI Summary
Kodiak Gas Services reported strong second quarter 2026 financial results, including record Adjusted EBITDA of $216.8 million, a 21.7% increase year-over-year, and discretionary cash flow of $163.3 million, up 40.2%. The company also raised its full-year 2026 guidance for Adjusted EBITDA to a range of $830 million to $860 million and discretionary cash flow to $570 million to $600 million. Performance was driven by record Compression Infrastructure segment revenues and high fleet utilization, alongside progress in its new Power Infrastructure segment.
Key Highlights
- Q2 2026 Adjusted EBITDA was $216.8 million, a 21.7% increase year-over-year.
- Q2 2026 Net income attributable to common shareholders was $52.0 million, or $0.53 per diluted share.
- Q2 2026 Discretionary cash flow reached $163.3 million, up 40.2% compared to Q2 2025.
- Full year 2026 Adjusted EBITDA guidance increased to a range of $830 million to $860 million.
- Full year 2026 discretionary cash flow guidance increased to $570 million to $600 million.
- Compression Infrastructure segment revenues were a record $315.1 million.
- Completed a public offering of 10.6 million shares, generating $836.1 million in net proceeds.
- Total debt outstanding was $2.8 billion as of June 30, 2026.
Price Impact
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