KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026)
KNOT Offshore Partners (KNOP) posted Operating Expenses of $81.2 million for Q2 2026, up 5.05% on a QoQ basis from $77.3 million in Q1 2026, and up 25.19% year-over-year from $64.9 million in Q2 2025.
Analysis
KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026) Analysis & Trends
KNOT Offshore Partners has reported Operating Expenses for 15 years, with the latest figure at $81.2 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 25.19% year-over-year to $81.2 million in Q2 2026; TTM through Jun 2026 was $312.9 million, a 28.65% increase from a year earlier, with the FY2025 full-year figure at $132.0 million, up 21.67% from the prior year.
- Operating Expenses was $81.2 million for Q2 2026 at KNOT Offshore Partners, up from $77.3 million in the prior quarter.
- The five-year high for Operating Expenses was $105.0 million in Q2 2023, with the low at $47.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $64.1 million, with a median of $58.4 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 107.95% in 2023, then tumbled 30.41% in 2024.
- Over 5 years, Operating Expenses stood at $52.0 million in 2022, then advanced by 5.58% to $54.9 million in 2023, then gained by 3.03% to $56.6 million in 2024, then soared by 55.72% to $88.1 million in 2025, then retreated by 7.83% to $81.2 million in 2026.
- The last three Operating Expenses figures came in at $81.2 million (Q2 2026), $77.3 million (Q1 2026), and $88.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | KNOT Offshore Partners | 382.72 Mn | 382.72 Mn | 60.33 Mn | 81.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.22 Mn |
| Mar 31, 2026 | 77.31 Mn |
| Dec 31, 2025 | 88.12 Mn |
| Sep 30, 2025 | 66.20 Mn |
| Jun 30, 2025 | 64.88 Mn |
| Mar 31, 2025 | 61.94 Mn |
| Dec 31, 2024 | 56.59 Mn |
| Sep 30, 2024 | 59.78 Mn |
| Jun 30, 2024 | 73.09 Mn |
| Mar 31, 2024 | 56.92 Mn |
| Dec 31, 2023 | 54.93 Mn |
| Sep 30, 2023 | 52.09 Mn |
| Jun 30, 2023 | 105.04 Mn |
| Mar 31, 2023 | 53.52 Mn |
| Dec 31, 2022 | 52.03 Mn |
| Sep 30, 2022 | 52.13 Mn |
| Jun 30, 2022 | 50.51 Mn |
| Mar 31, 2022 | 47.70 Mn |
| Dec 31, 2021 | 46.11 Mn |
| Sep 30, 2021 | 45.45 Mn |