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
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