# Kodiak lowers power spending forecast as data center project develops

_Published Tuesday, November 10, 2026 at 5:19 AM EST · Infrastructure · Latest · Tier 2 — Notable_

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Kodiak Gas Services lowered its 2026 power growth capital spending forecast to $350 million-$400 million while developing a 76-megawatt West Texas data center project, Yahoo Finance reported in its earnings-call account. The company expects a larger expansion of its power business in early 2028.

Power revenue increased 28% sequentially to $42 million. Chief Financial Officer John Griggs said the power infrastructure segment supplied most of the company's revenue growth. Total quarterly revenue reached $402 million, up 25% from a year earlier.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/energy/articles/kodiak-gas-services-q3-earnings-191501463.html)

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Canonical: https://techandbusiness.org/newswire/lZb8dUC4wFH6j9_Nr36Lx9
Published: 2026-11-10T10:19:30.794Z
Story chronology: 2026-11-09T19:15:01.000Z
Retrieved: 2026-11-10T12:09:51.960Z
Publisher: Tech & Business (techandbusiness.org)