Kodiak Gas Services posts Q3 net loss of $14.0 million, raises cash flow guidance
Kodiak Gas Services reported a third-quarter 2025 net loss attributable to common shareholders of $14.0 million, or $0.17 per diluted share, compared with net income of $39.5 million in the second quarter. The loss included a $33.3 million loss on disposal of its Mexico operations and a $28.0 million sales and use tax reserve, while adjusted net income was $31.5 million, or $0.36 per adjusted diluted share. The company raised its full-year 2025 discretionary cash flow guidance to $450 million to $470 million and kept its other guidance metrics unchanged.
Key points
- Q3 2025 total revenues were $322.7 million, compared with $324.6 million in Q3 2024.
- Net loss of $14.0 million included a $33.3 million loss on the Mexico disposal and a $28.0 million sales tax reserve increase.
- Discretionary cash flow was $116.7 million, up 13.2% from Q3 2024.
- Full-year 2025 discretionary cash flow guidance was raised to $450 million to $470 million; the company also declared a quarterly dividend of $0.49 per share.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.