KNOT Offshore Partners (KNOP) Net Income (2012 - 2026)
KNOT Offshore Partners' (KNOP) quarterly Net Income came in at $2.6 million in Q1 2026, down 65.35% year-on-year from $7.6 million in Q1 2025, and up 142.06% quarter-over-quarter from -$6.2 million in Q4 2025.
KNOT Offshore Partners (KNOP) Net Income (2012 - 2026) Analysis & Trends
KNOT Offshore Partners' Net Income history runs 15 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- On a quarterly basis, Net Income fell 65.35% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $18.3 million, a 54.13% decrease from a year earlier, with the FY2025 full-year figure at $23.3 million, up 65.37% from the prior year.
- Net Income grew to $2.6 million in Q1 2026 per KNOP's latest filing, from -$6.2 million in the prior quarter.
- Across five years, Net Income topped out at $63.4 million in Q4 2023 and bottomed at -$6.2 million in Q4 2025.
- The 5-year median for Net Income is $9.9 million (2022), against an average of $14.1 million.
- Across the five-year window, Net Income surged 951.5% in 2023 and tumbled 227.99% in 2025, its largest moves.
- Year by year, Net Income stood at $6.0 million in 2022, then jumped by 951.5% to $63.4 million in 2023, then slumped by 92.3% to $4.9 million in 2024, then tumbled by 227.99% to -$6.2 million in 2025, then surged by 142.06% to $2.6 million in 2026.
- Per Business Quant, the three latest KNOP Net Income figures stand at $2.6 million (Q1 2026), -$6.2 million (Q4 2025), and $15.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.78 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | KNOT Offshore Partners | 355.09 Mn | 262.43 Mn | 56.27 Mn | 2.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.63 Mn |
| Dec 31, 2025 | -6.25 Mn |
| Sep 30, 2025 | 15.11 Mn |
| Jun 30, 2025 | 6.81 Mn |
| Mar 31, 2025 | 7.58 Mn |
| Dec 31, 2024 | 4.88 Mn |
| Sep 30, 2024 | 14.60 Mn |
| Jun 30, 2024 | 12.85 Mn |
| Mar 31, 2024 | 7.44 Mn |
| Dec 31, 2023 | 63.37 Mn |
| Sep 30, 2023 | 12.64 Mn |
| Jun 30, 2023 | 40.39 Mn |
| Mar 31, 2023 | -1.30 Mn |
| Dec 31, 2022 | 6.03 Mn |
| Sep 30, 2022 | 15.97 Mn |
| Jun 30, 2022 | 9.89 Mn |
| Mar 31, 2022 | 26.78 Mn |
| Dec 31, 2021 | -51.87 Mn |
| Sep 30, 2021 | 13.53 Mn |
| Jun 30, 2021 | 10.93 Mn |