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

KNOT Offshore Partners' (KNOP) quarterly Operating Expenses came in at $77.3 million in Q1 2026, up 24.83% year-on-year from $61.9 million in Q1 2025, and down 12.27% quarter-over-quarter from $88.1 million in Q4 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.

  • On a quarterly basis, Operating Expenses rose 24.83% year-over-year to $77.3 million in Q1 2026; TTM through Mar 2026 was $296.5 million, a 17.94% increase from a year earlier, with the FY2025 full-year figure at $62.0 million, down 74.82% from the prior year.
  • Operating Expenses slipped to $77.3 million in Q1 2026 per KNOP's latest filing, from $88.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $105.0 million in Q2 2023 and bottomed at $47.7 million in Q1 2022.
  • The 5-year median for Operating Expenses is $56.9 million (2024), against an average of $63.1 million.
  • Across the five-year window, Operating Expenses soared 107.95% in 2023 and plunged 30.41% in 2024, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest KNOP Operating Expenses figures stand at $77.3 million (Q1 2026), $88.1 million (Q4 2025), and $66.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 KNOT Offshore Partners 355.09 Mn 262.43 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