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Kodiak Gas Logs Record Earnings as It Plans Power Buildout

Kodiak Gas Services logoKodiak Gas Services
Sig2.70Sen+6.80Env0.00Soc0.00Gov0.00

Kodiak Gas Services posted Q2 2026 revenue of $391M (+21%) and record adjusted EBITDA of $217M (+22%) on Aug. 7. Management said it will expand its near-full-capacity compression business into power infrastructure by 2030, backed by 98.2% utilization and $134M power buildout capex. Kodiak signed a Baker Hughes turbine supply deal for 1 GW by 2030, with an option up to 1.8 GW.

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