KNOT Offshore Partners (KNOP) Net Income (2012 - 2026)
KNOT Offshore Partners (KNOP) recorded quarterly Net Income of $2.6 million in Q1 2026, up 148.59% quarter-over-quarter from -$5.4 million in Q4 2025, and down 65.35% on a YoY basis from $7.6 million in Q1 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.
- In Q1 2026, Net Income fell 65.35% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $19.2 million (up 26.55% YoY), while the FY2025 annual figure was $23.3 million, up 65.37% from the prior year.
- Net Income was $2.6 million for Q1 2026 at KNOT Offshore Partners, up from -$5.4 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $26.8 million in Q1 2022 to a low of -$40.3 million in Q2 2023.
- Historically, Net Income has averaged $3.5 million across 5 years, with a median of $6.7 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Net Income plunged 507.48% in 2023, then surged 839.26% in 2024.
- A 5-year view of Net Income shows it stood at $6.7 million in 2022, then sank by 147.23% to -$3.1 million in 2023, then soared by 839.26% to $23.3 million in 2024, then slumped by 123.24% to -$5.4 million in 2025, then jumped by 148.59% to $2.6 million in 2026.
- The last three Net Income figures came in at $2.6 million (Q1 2026), -$5.4 million (Q4 2025), and $15.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 15.06 Mn |
| 10 | KNOT Offshore Partners | 2.51 Mn | -88.75 Mn | 56.27 Mn | 2.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.63 Mn |
| Dec 31, 2025 | -5.41 Mn |
| Sep 30, 2025 | 15.19 Mn |
| Jun 30, 2025 | 6.81 Mn |
| Mar 31, 2025 | 7.58 Mn |
| Dec 31, 2024 | 23.26 Mn |
| Sep 30, 2024 | -3.22 Mn |
| Jun 30, 2024 | -12.43 Mn |
| Mar 31, 2024 | 7.72 Mn |
| Dec 31, 2023 | -3.15 Mn |
| Sep 30, 2023 | 1.71 Mn |
| Jun 30, 2023 | -40.29 Mn |
| Mar 31, 2023 | -1.30 Mn |
| Dec 31, 2022 | 6.66 Mn |
| Sep 30, 2022 | 16.33 Mn |
| Jun 30, 2022 | 9.89 Mn |
| Mar 31, 2022 | 26.78 Mn |
| Dec 31, 2021 | 23.36 Mn |
| Sep 30, 2021 | 13.75 Mn |
| Jun 30, 2021 | -10.40 Mn |