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KGS Q2 2026: Record $216.8 Million Adjusted EBITDA Drives Full-Year Guidance Lift to $830M-$860M

8/7/2026

$216.8 million in adjusted EBITDA is Kodiak Gas Services' (NYSE: KGS) second-quarter 2026 result, reported August 6, 2026 via 8-K filing, up 21.7% year over year and the company's highest quarterly figure on record.

Annualizing that number yields roughly $867 million, above the midpoint of Kodiak's raised full-year adjusted EBITDA guidance of $830 million to $860 million, which means the back half already carries implied moderation.

Discretionary cash flow of $163.3 million, also a company record, climbed 40.2% against the year-ago quarter.

Compression at 70% adjusted gross margin, 98.2% utilization $315.1 million in Compression Infrastructure revenue led the quarter, a 7.4% gain from $293.5 million in Q2 2025.