KNOT Offshore Partners (KNOP) Cost of Revenue (2012 - 2026)

KNOT Offshore Partners' (KNOP) quarterly Cost of Revenue came in at $33.0 million in Q1 2026, up 7.68% year-on-year from $30.6 million in Q1 2025, and down 5.0% quarter-over-quarter from $34.7 million in Q4 2025.

KNOT Offshore Partners (KNOP) Cost of Revenue (2012 - 2026) Analysis & Trends

KNOT Offshore Partners' Cost of Revenue history runs 15 years deep, the most recent figure standing at $33.0 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 7.68% year-over-year to $33.0 million in Q1 2026; TTM through Mar 2026 was $134.4 million, a 18.69% increase from a year earlier, with the FY2025 full-year figure at $132.0 million, up 21.67% from the prior year.
  • Cost of Revenue retreated to $33.0 million in Q1 2026 per KNOP's latest filing, from $34.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $34.7 million in Q4 2025 and bottomed at $19.4 million in Q1 2023.
  • The 5-year median for Cost of Revenue is $25.9 million (2024), against an average of $26.6 million.
  • Across the five-year window, Cost of Revenue fell 3.08% in 2023 and jumped 33.26% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $19.8 million in 2022, then increased by 28.44% to $25.5 million in 2023, then climbed by 2.94% to $26.2 million in 2024, then jumped by 32.39% to $34.7 million in 2025, then dropped by 5.0% to $33.0 million in 2026.
  • Per Business Quant, the three latest KNOP Cost of Revenue figures stand at $33.0 million (Q1 2026), $34.7 million (Q4 2025), and $33.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 DHT Holdings 2,943.60 Bn 2,943.47 Bn 167.16 Mn 19.13 Mn
2 Flex LNG 1,649.28 Bn 1,648.89 Bn 61.79 Mn 18.67 Mn
3 Enbridge 120.97 Bn 119.64 Bn 6.70 Bn 9.60 Bn
4 Kinder Morgan 112.45 Bn 112.33 Bn 3.07 Bn 1.41 Bn
5 Enterprise Products Partners 82.58 Bn 81.38 Bn - -
6 Tc Energy 71.17 Bn 65.47 Bn 1.36 Bn 39.44 Mn
7 Energy Transfer 68.75 Bn 67.78 Bn 6.62 Bn 21.15 Bn
8 Mplx 59.29 Bn 57.78 Bn 1.95 Bn 402.00 Mn
9 Targa Resources 57.65 Bn 57.55 Bn 1.70 Bn 2.39 Bn
10 KNOT Offshore Partners 348.96 Mn 256.31 Mn 56.27 Mn 32.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.96 Mn
Mar 31, 2026 32.96 Mn
Dec 31, 2025 34.69 Mn
Dec 31, 2025 34.69 Mn
Sep 30, 2025 33.72 Mn
Sep 30, 2025 33.72 Mn
Jun 30, 2025 33.01 Mn
Jun 30, 2025 33.01 Mn
Mar 31, 2025 30.61 Mn
Mar 31, 2025 30.61 Mn
Dec 31, 2024 26.21 Mn
Dec 31, 2024 26.21 Mn
Sep 30, 2024 29.45 Mn
Sep 30, 2024 29.45 Mn
Jun 30, 2024 26.95 Mn
Jun 30, 2024 26.95 Mn
Mar 31, 2024 25.91 Mn
Mar 31, 2024 25.91 Mn
Dec 31, 2023 25.46 Mn
Dec 31, 2023 25.46 Mn