KNOT Offshore Partners (KNOP) Cost of Revenue (2012 - 2026)
KNOT Offshore Partners (KNOP) recorded quarterly Cost of Revenue of $33.0 million in Q1 2026, down 5.0% quarter-over-quarter from $34.7 million in Q4 2025, and up 7.68% on a YoY basis from $30.6 million in Q1 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.
- In Q1 2026, Cost of Revenue rose 7.68% year-over-year to $33.0 million; the TTM figure through Mar 2026 stood at $134.4 million (up 18.69% YoY), while the FY2025 annual figure was $132.0 million, up 21.67% from the prior year.
- Cost of Revenue was $33.0 million for Q1 2026 at KNOT Offshore Partners, down from $34.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $34.7 million in Q4 2025 to a low of $19.4 million in Q1 2023.
- Historically, Cost of Revenue has averaged $26.6 million across 5 years, with a median of $25.9 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue dropped 3.08% in 2023, then surged 33.26% in 2024.
- A 5-year view of Cost of Revenue shows it 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.
- The last three Cost of Revenue figures came in at $33.0 million (Q1 2026), $34.7 million (Q4 2025), and $33.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | - |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | 68.80 Mn |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | 498.00 Mn |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | 39.44 Mn |
| 10 | KNOT Offshore Partners | 2.51 Mn | -88.75 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 |