Kodiak Gas Services, Inc. filings document operating results, capital returns, debt financing, governance changes, and shareholder voting matters for its energy infrastructure services business. Form 8-K reports cover quarterly results, Regulation FD dividend announcements, material definitive agreements, and capital-structure events involving Kodiak Gas Services, LLC as a subsidiary issuer.
Proxy and charter-related filings describe board structure, voting provisions, executive compensation, director elections, and shareholder approvals. Debt-related disclosures include senior unsecured notes, guarantor arrangements, indenture terms, redemption provisions, and related financing obligations.
Darden Alexander Newsom reported acquisition or exercise transactions in this Form 4 filing.
Kodiak Gas Services, Inc. director Darden Alexander Newsom reported an equity award in the form of restricted stock units. He received 2,135 units of common stock on May 7, 2026, recorded at $70.27 per share for reporting purposes. These units will vest and settle in shares of common stock on the earlier of May 7, 2027, or the next annual meeting of stockholders following the grant date. After this award, Newsom’s direct holdings total 7,135 shares of common stock.
Kodiak Gas Services reported strong first quarter 2026 growth and raised its full-year outlook. Total revenues were $345.8 million, up from $329.6 million a year earlier. Contract Services revenue reached a record $307.0 million, with contract services gross margin of 48.2% and adjusted gross margin of 70.6%, showing improved profitability.
Net income attributable to common shareholders was $17.8 million, or $0.20 per diluted share, after a $36.5 million loss on extinguishment of debt and $8.3 million of largely acquisition-related transaction costs. Adjusted net income was $52.0 million, or $0.59 per diluted share. Adjusted EBITDA hit a record $190.1 million, up 7.0% from first quarter 2025, while discretionary cash flow rose 9.0% to $126.5 million.
The company closed its acquisition of Distributed Power Solutions on April 1, 2026, issued $1 billion of senior unsecured notes, and reported total debt of $2.8 billion with a leverage ratio of 3.6x. Kodiak increased 2026 adjusted EBITDA guidance to $820 million–$860 million and now expects full-year discretionary cash flow of $520 million–$570 million. It has secured over 260 MW of additional power generation capacity, expects 300–500 MW of annual power growth through 2030, and targets power infrastructure revenue of $95 million–$125 million in 2026.
Kodiak Gas Services, Inc. announced that its board of directors declared a quarterly cash dividend of $0.49 per share of common stock for the first quarter of 2026. The dividend will be paid on May 28, 2026 to stockholders of record as of May 18, 2026.
In parallel, subsidiary Kodiak Gas Services, LLC declared a matching $0.49 per unit distribution for its unitholders, also payable on May 28, 2026 to holders of record on May 18, 2026. The information was furnished under a Regulation FD disclosure.
Kodiak Gas Services, Inc. reported results from its 2026 annual meeting, where shareholders approved amendments to its charter and bylaws to phase in declassification of the board and remove certain supermajority voting requirements and obsolete provisions. These changes became effective with the filing of a Certificate of Amendment and a new Restated Certificate of Incorporation in Delaware, along with Third Amended and Restated Bylaws.
Shareholder turnout was high, with 78,643,061 shares represented, about 91% of the 86,118,623 shares outstanding on the record date. All three Class III director nominees were elected, 2025 executive compensation received majority support in an advisory vote, shareholders favored an annual frequency for future say‑on‑pay votes, and BDO USA, P.C. was ratified as independent auditor for 2026.
Kodiak Gas Services Inc Schedule 13G shows Vanguard Capital Management beneficially owned 4,342,925 shares of common stock, representing 5.05% of the class. The filing states Vanguard's dispositive power is exercised across affiliated funds and managed accounts on behalf of clients.
Kodiak Gas Services, Inc. completed its acquisition of Distributed Power Solutions, LLC (DPS) on April 1, 2026. Kodiak paid $587 million in cash and issued 2,401,278 shares of common stock to the sellers. The stock was issued as an unregistered private placement under Section 4(a)(2) of the Securities Act.
The acquired business, now rebranded as Kodiak Power Solutions, adds approximately 395 megawatts of distributed and behind-the-meter power generation capacity and broadens Kodiak’s customer base into data centers, microgrids, manufacturing and energy infrastructure. Kodiak states it expects the transaction to be immediately accretive to earnings and discretionary cash flow per share and to extend the duration and stability of its contracted cash flows.
Kodiak Gas Services, Inc. has issued its 2026 proxy statement for a virtual shareholder meeting on May 7, 2026. Shareholders will vote on electing three Class III directors, an advisory say-on-pay for 2025 compensation, the frequency of future say-on-pay votes, two Charter amendments, and auditor ratification.
The company highlights a strong 2025, with $1.3 billion in revenue, up 13% from 2024, and $715 million in adjusted EBITDA, up 17%. Fleet utilization reached 97.7%, net income rose 62%, adjusted net income increased 51%, and $263 million was returned to shareholders through dividends and buybacks. Gross margin in key Contract Services rose 450 basis points to 45.0%, and year-end credit agreement leverage was 3.5x.
Kodiak emphasizes technology investments, including AI-enabled tools and a new ERP system, divestiture of international assets to focus on U.S. operations, and a new training facility in the Permian Basin. It also notes a pending acquisition of Distributed Power Solutions, LLC and details a performance‑weighted executive pay program where 88% of the CEO’s target compensation and 79% of other named executives’ pay are at risk and tied to financial, operational, TSR and ESG metrics.
Kodiak Gas Services Inc Schedule 13G/A Amendment No. 2 reports that The Vanguard Group holds 0 shares of Common Stock, representing 0% of the class. The filing explains an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries to report separately.
The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026, and lists the issuer address as 15320 Hwy 105 W, Suite 210, Montgomery, TX, 77356. The CUSIP shown is 50012A108.