KNOT Offshore Partners (KNOP) Gross Margin (2012 - 2026)
KNOT Offshore Partners (KNOP) posted quarterly Gross Margin of 63.06% for Q1 2026, down 6.0% year-over-year from 67.09% in Q1 2025, and down 1.22% quarter-over-quarter from 63.84% in Q4 2025.
KNOT Offshore Partners (KNOP) Gross Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners' Gross Margin history runs 15 years deep, the most recent figure standing at 63.06% for Q1 2026.
- In Q1 2026, Gross Margin fell 6.0% year-over-year to 63.06%; the TTM figure through Mar 2026 stood at 63.43% (down 92.0% YoY), while the FY2025 annual figure was 63.77%, down 217.0% from the prior year.
- Gross Margin for Q1 2026 stood at 63.06%, down from 63.84% in the prior quarter.
- The five-year high for Gross Margin was 70.01% in Q4 2022, with the low at 61.08% in Q3 2024.
- The 5-year median for Gross Margin is 64.68% (2024), against an average of 65.39%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 985 bps in 2022, then jumped 430 bps in 2024.
- KNOT Offshore Partners' Gross Margin stood at 70.01% in 2022, then decreased by 8 bps to 64.66% in 2023, then grew by 7 bps to 68.96% in 2024, then fell by 7 bps to 63.84% in 2025, then fell by 1 bps to 63.06% in 2026.
- Business Quant data shows KNOP's Gross Margin at 63.06% in Q1 2026, 63.84% in Q4 2025, and 64.99% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | - |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 92.34% |
| 10 | KNOT Offshore Partners | 403.05 Mn | 310.40 Mn | 59.05 Mn | 64.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.06% |
| Dec 31, 2025 | 63.84% |
| Sep 30, 2025 | 64.99% |
| Jun 30, 2025 | 61.59% |
| Mar 31, 2025 | 63.12% |
| Dec 31, 2024 | 68.96% |
| Sep 30, 2024 | 61.08% |
| Jun 30, 2024 | 63.78% |
| Mar 31, 2024 | 64.68% |
| Dec 31, 2023 | 64.66% |
| Sep 30, 2023 | 67.91% |
| Jun 30, 2023 | 65.75% |
| Mar 31, 2023 | 69.11% |
| Dec 31, 2022 | 70.01% |
| Sep 30, 2022 | 65.86% |
| Jun 30, 2022 | 64.00% |
| Mar 31, 2022 | 69.23% |
| Dec 31, 2021 | 74.35% |
| Sep 30, 2021 | 73.48% |
| Jun 30, 2021 | 73.85% |