Kodiak Gas Services Operating Expenses Growth & History (KGS)
Kodiak Gas Services's operating expenses was $968.1M for fiscal 2025.
View full Kodiak Gas Services company overviewKodiak Gas Services annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $968.1M | $58.2M | +6.40% |
| 2024 | 2024-12-31 | $909.9M | $303.6M | +50.07% |
| 2023 | 2023-12-31 | $606.3M | $120.4M | +24.79% |
| 2022 | 2022-12-31 | $485.8M | $68.4M | +16.39% |
| 2021 | 2021-12-31 | $417.4M | — | — |
Kodiak Gas Services quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $266.9M | $43.8M | +19.62% |
| Q1 2026 | 2026-03-31 | $238.9M | −$1.5M | −0.63% |
| Q4 2025 | 2025-12-31 | $246.0M | $5.5M | +2.29% |
| Q3 2025 | 2025-09-30 | $258.5M | −$24,000 | −0.01% |
| Q2 2025 | 2025-06-30 | $223.1M | −$32.4M | −12.67% |
| Q1 2025 | 2025-03-31 | $240.5M | $85.1M | +54.80% |
| Q4 2024 | 2024-12-31 | $240.5M | $75.2M | +45.53% |
| Q3 2024 | 2024-09-30 | $258.6M | $88.5M | +52.08% |
| Q2 2024 | 2024-06-30 | $255.5M | $114.2M | +80.88% |
| Q1 2024 | 2024-03-31 | $155.3M | $25.6M | +19.71% |
| Q4 2023 | 2023-12-31 | $165.2M | — | — |
| Q3 2023 | 2023-09-30 | $170.0M | $45.6M | +36.68% |
| Q2 2023 | 2023-06-30 | $141.2M | $16.0M | +12.77% |
| Q1 2023 | 2023-03-31 | $129.8M | — | — |
| Q3 2022 | 2022-09-30 | $124.4M | — | — |
| Q2 2022 | 2022-06-30 | $125.2M | — | — |
Kodiak Gas Services operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Kodiak Gas Services's operating expenses increased from $417.4M to $968.1M, a change of $550.7M. The latest reported quarter, Q2 2026, shows $266.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Kodiak Gas Services source filings ↗