Kodiak Gas Services KGS Q2 2026 earnings

“Our second quarter results highlight the strength of both our established Compression Infrastructure business and the growing momentum of our Power Infrastructure platform. In Compression Infrastructure, we delivered another record quarter as strong demand for large horsepower compression continued to drive improvements in pricing and utilization. Combined with our ongoing focus on technology-enabled efficiency and cost discipline, these market dynamics enabled us to achieve our second consecutive quarter of 70% adjusted gross margins in our Compression (1)The Company previously managed its business through two operating segments: Contract Services and Other Services. Following the acquisition of DPS, the Company established a new Power Infrastructure segment to represent its distributed power generation operations and renamed its Contract Services segment as Compression Infrastructure. See Segment Information section below for further details. (2) Adjusted gross margin percentage, adjusted net income, adjusted diluted earnings per share, adjusted EBITDA, and discretionary cash flow are non-GAAP financial measures. Definitions and reconciliations to the most comparable GAAP financial measure are included herein. Infrastructure segment. With strong visibility into future U.S. natural gas production growth and a tight supply environment for compression equipment, we remain highly constructive on the long-term outlook for our contract compression business.”