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| Date | Value |
|---|---|
| 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 |