KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026)

KNOT Offshore Partners (KNOP) recorded quarterly Operating Expenses of $77.3 million in Q1 2026, down 12.27% quarter-over-quarter from $88.1 million in Q4 2025, and up 24.83% on a YoY basis from $61.9 million in Q1 2025.

KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026) Analysis & Trends

KNOT Offshore Partners' Operating Expenses history runs 15 years deep, the most recent figure standing at $77.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 24.83% year-over-year to $77.3 million; the TTM figure through Mar 2026 stood at $296.5 million (up 17.94% YoY), while the FY2025 annual figure was $281.1 million, up 14.1% from the prior year.
  • Operating Expenses was $77.3 million for Q1 2026 at KNOT Offshore Partners, down from $88.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $105.0 million in Q2 2023 to a low of $47.7 million in Q1 2022.
  • Historically, Operating Expenses has averaged $63.1 million across 5 years, with a median of $56.9 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 107.95% in 2023, then plunged 30.41% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $52.0 million in 2022, then gained by 5.58% to $54.9 million in 2023, then rose by 3.03% to $56.6 million in 2024, then surged by 55.72% to $88.1 million in 2025, then slipped by 12.27% to $77.3 million in 2026.
  • The last three Operating Expenses figures came in at $77.3 million (Q1 2026), $88.1 million (Q4 2025), and $66.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 KNOT Offshore Partners 2.51 Mn -88.75 Mn 56.27 Mn 77.31 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 72.14 Mn