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Side-by-side financial comparison of Kodiak Gas Services, Inc. (KGS) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.

Kodiak Gas Services, Inc. is the larger business by last-quarter revenue ($332.9M vs $252.6M, roughly 1.3× PicoCELA Inc.). Kodiak Gas Services, Inc. runs the higher net margin — 7.4% vs -125.2%, a 132.6% gap on every dollar of revenue. Kodiak Gas Services, Inc. produced more free cash flow last quarter ($142.0M vs $-256.6M).

Kodiak Gas Services, Inc. is a leading natural gas compression services provider operating primarily across North America. It serves upstream and midstream energy sector clients, offering custom compression equipment, regular maintenance, and operational support to optimize natural gas gathering, processing, and transportation workflows for onshore oil and gas production operations.

PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.

KGS vs PCLA — Head-to-Head

Bigger by revenue
KGS
KGS
1.3× larger
KGS
$332.9M
$252.6M
PCLA
Higher net margin
KGS
KGS
132.6% more per $
KGS
7.4%
-125.2%
PCLA
More free cash flow
KGS
KGS
$398.6M more FCF
KGS
$142.0M
$-256.6M
PCLA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
KGS
KGS
PCLA
PCLA
Revenue
$332.9M
$252.6M
Net Profit
$24.6M
$-316.2M
Gross Margin
Operating Margin
26.1%
-114.8%
Net Margin
7.4%
-125.2%
Revenue YoY
7.5%
Net Profit YoY
29.0%
EPS (diluted)
$0.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KGS
KGS
PCLA
PCLA
Q4 25
$332.9M
Q3 25
$322.7M
Q2 25
$322.8M
Q1 25
$329.6M
$252.6M
Q4 24
$309.5M
Q3 24
$324.6M
Q2 24
$309.7M
Q1 24
$215.5M
Net Profit
KGS
KGS
PCLA
PCLA
Q4 25
$24.6M
Q3 25
$-14.0M
Q2 25
$39.5M
Q1 25
$30.4M
$-316.2M
Q4 24
$19.1M
Q3 24
$-5.6M
Q2 24
$6.2M
Q1 24
$30.2M
Gross Margin
KGS
KGS
PCLA
PCLA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
37.5%
Q2 24
36.5%
Q1 24
39.4%
Operating Margin
KGS
KGS
PCLA
PCLA
Q4 25
26.1%
Q3 25
19.9%
Q2 25
30.9%
Q1 25
27.1%
-114.8%
Q4 24
22.3%
Q3 24
20.4%
Q2 24
17.5%
Q1 24
27.9%
Net Margin
KGS
KGS
PCLA
PCLA
Q4 25
7.4%
Q3 25
-4.3%
Q2 25
12.2%
Q1 25
9.2%
-125.2%
Q4 24
6.2%
Q3 24
-1.7%
Q2 24
2.0%
Q1 24
14.0%
EPS (diluted)
KGS
KGS
PCLA
PCLA
Q4 25
$0.30
Q3 25
$-0.17
Q2 25
$0.43
Q1 25
$0.33
Q4 24
$0.18
Q3 24
$-0.07
Q2 24
$0.06
Q1 24
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KGS
KGS
PCLA
PCLA
Cash + ST InvestmentsLiquidity on hand
$3.2M
$456.8M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.2B
$354.8M
Total Assets
$4.3B
$1.2B
Debt / EquityLower = less leverage
2.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KGS
KGS
PCLA
PCLA
Q4 25
$3.2M
Q3 25
$724.0K
Q2 25
$5.4M
Q1 25
$1.9M
$456.8M
Q4 24
$4.8M
Q3 24
$7.4M
Q2 24
$3.9M
Q1 24
$9.3M
Total Debt
KGS
KGS
PCLA
PCLA
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
Stockholders' Equity
KGS
KGS
PCLA
PCLA
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.4B
$354.8M
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.1B
Total Assets
KGS
KGS
PCLA
PCLA
Q4 25
$4.3B
Q3 25
$4.4B
Q2 25
$4.4B
Q1 25
$4.4B
$1.2B
Q4 24
$4.4B
Q3 24
$4.5B
Q2 24
$4.4B
Q1 24
$3.3B
Debt / Equity
KGS
KGS
PCLA
PCLA
Q4 25
2.12×
Q3 25
2.08×
Q2 25
1.89×
Q1 25
1.91×
Q4 24
1.88×
Q3 24
1.86×
Q2 24
1.71×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KGS
KGS
PCLA
PCLA
Operating Cash FlowLast quarter
$194.9M
$-245.6M
Free Cash FlowOCF − Capex
$142.0M
$-256.6M
FCF MarginFCF / Revenue
42.7%
-101.6%
Capex IntensityCapex / Revenue
15.9%
4.3%
Cash ConversionOCF / Net Profit
7.91×
TTM Free Cash FlowTrailing 4 quarters
$284.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KGS
KGS
PCLA
PCLA
Q4 25
$194.9M
Q3 25
$113.4M
Q2 25
$177.2M
Q1 25
$114.3M
$-245.6M
Q4 24
$118.5M
Q3 24
$36.9M
Q2 24
$121.1M
Q1 24
$51.5M
Free Cash Flow
KGS
KGS
PCLA
PCLA
Q4 25
$142.0M
Q3 25
$10.9M
Q2 25
$94.6M
Q1 25
$36.8M
$-256.6M
Q4 24
$45.2M
Q3 24
$-49.7M
Q2 24
$4.0M
Q1 24
$-8.6M
FCF Margin
KGS
KGS
PCLA
PCLA
Q4 25
42.7%
Q3 25
3.4%
Q2 25
29.3%
Q1 25
11.2%
-101.6%
Q4 24
14.6%
Q3 24
-15.3%
Q2 24
1.3%
Q1 24
-4.0%
Capex Intensity
KGS
KGS
PCLA
PCLA
Q4 25
15.9%
Q3 25
31.7%
Q2 25
25.6%
Q1 25
23.5%
4.3%
Q4 24
23.7%
Q3 24
26.7%
Q2 24
37.8%
Q1 24
27.9%
Cash Conversion
KGS
KGS
PCLA
PCLA
Q4 25
7.91×
Q3 25
Q2 25
4.49×
Q1 25
3.76×
Q4 24
6.21×
Q3 24
Q2 24
19.44×
Q1 24
1.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KGS
KGS

Other Services$126.8M38%
Other$112.2M34%
Transferred At Point In Time$93.8M28%

PCLA
PCLA

Revenue from product$179.1M71%
Revenue from SaaS, Maintenance and others$42.4M17%
Revenue from product – related party$31.0M12%

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