KNOT Offshore Partners (KNOP) Gross Margin (2012 - 2026)
KNOT Offshore Partners (KNOP) posted Gross Margin of 62.34% for Q2 2026, down 2.86% on a QoQ basis from 64.18% in Q1 2026, and up 25.0% year-over-year from 49.87% in Q2 2025.
Analysis
KNOT Offshore Partners (KNOP) Gross Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners has reported Gross Margin for 15 years, with the latest figure at 62.34% in Q2 2026.
- On a quarterly basis, Gross Margin rose 25.0% year-over-year to 62.34% in Q2 2026; TTM through Jun 2026 was 63.93%, a 84.0% decrease from a year earlier, with the FY2025 full-year figure at 28232.62%, down 2534147.0% from the prior year.
- Gross Margin was 62.34% for Q2 2026 at KNOT Offshore Partners, down from 64.18% in the prior quarter.
- The five-year high for Gross Margin was 72.68% in Q1 2023, with the low at 61.39% in Q3 2024.
- Average Gross Margin over 5 years is 65.96%, with a median of 65.16% recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 1148 bps in 2022, then soared 614 bps in 2024.
- Over 5 years, Gross Margin stood at 72.32% in 2022, then fell by 10 bps to 65.14% in 2023, then grew by 9 bps to 71.28% in 2024, then fell by 10 bps to 64.04% in 2025, then retreated by 3 bps to 62.34% in 2026.
- The last three Gross Margin figures came in at 62.34% (Q2 2026), 64.18% (Q1 2026), and 64.04% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | KNOT Offshore Partners | 382.72 Mn | 382.72 Mn | 60.33 Mn | 62.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.34% |
| Mar 31, 2026 | 64.18% |
| Dec 31, 2025 | 64.04% |
| Sep 30, 2025 | 65.19% |
| Jun 30, 2025 | 62.09% |
| Mar 31, 2025 | 63.57% |
| Dec 31, 2024 | 71.28% |
| Sep 30, 2024 | 61.39% |
| Jun 30, 2024 | 63.78% |
| Mar 31, 2024 | 66.19% |
| Dec 31, 2023 | 65.14% |
| Sep 30, 2023 | 68.13% |
| Jun 30, 2023 | 65.75% |
| Mar 31, 2023 | 72.68% |
| Dec 31, 2022 | 72.32% |
| Sep 30, 2022 | 65.90% |
| Jun 30, 2022 | 64.00% |
| Mar 31, 2022 | 69.23% |
| Dec 31, 2021 | 74.35% |
| Sep 30, 2021 | 73.48% |