KNOT Offshore Partners (KNOP) Gross Margin (2012 - 2026)
KNOT Offshore Partners (KNOP) posted Gross Margin of 63.06% for Q1 2026, down 1.22% on a QoQ basis from 63.84% in Q4 2025, and down 6.0% year-on-year from 67.09% in Q1 2025.
KNOT Offshore Partners (KNOP) Gross Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners has disclosed Gross Margin across 15 years of filings, most recently posting 63.06% for Q1 2026.
- Gross Margin for Q1 2026 came in at 63.06%, down 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 63.43% (down 92.0% YoY), and the FY2025 annual result was 63.77%, down 217.0% from the prior year.
- Gross Margin came in at 63.06% for Q1 2026 at KNOT Offshore Partners, down from 63.84% in the prior quarter.
- Over the last five years, Gross Margin for KNOP reached as high as 70.01% in Q4 2022 and fell as low as 61.08% in Q3 2024.
- Median Gross Margin over the past 5 years was 64.68% (2024), compared with a mean of 65.39%.
- Year-over-year, Gross Margin sank 985 bps in 2022 and soared 430 bps in 2024.
- Over 5 years, Gross Margin stood at 70.01% in 2022, then slipped by 8 bps to 64.66% in 2023, then increased by 7 bps to 68.96% in 2024, then retreated by 7 bps to 63.84% in 2025, then retreated by 1 bps to 63.06% in 2026.
- Per Business Quant, the three latest KNOP Gross Margin figures stand at 63.06% (Q1 2026), 63.84% (Q4 2025), and 64.99% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 41.12% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 23.85% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 41.52% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 83.61% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 23.28% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 94.13% |
| 10 | KNOT Offshore Partners | - | - | 56.27 Mn | 63.06% |
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% |