KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026)
KNOT Offshore Partners (KNOP) posted Operating Expenses of $77.3 million for Q1 2026, down 12.27% on a QoQ basis from $88.1 million in Q4 2025, and up 24.83% year-on-year from $61.9 million in Q1 2025.
KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026) Analysis & Trends
KNOT Offshore Partners has disclosed Operating Expenses across 15 years of filings, most recently posting $77.3 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $77.3 million, up 24.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $296.5 million (up 17.94% YoY), and the FY2025 annual result was $281.1 million, up 14.1% from the prior year.
- Operating Expenses came in at $77.3 million for Q1 2026 at KNOT Offshore Partners, down from $88.1 million in the prior quarter.
- Over the last five years, Operating Expenses for KNOP reached as high as $105.0 million in Q2 2023 and fell as low as $47.7 million in Q1 2022.
- Median Operating Expenses over the past 5 years was $56.9 million (2024), compared with a mean of $63.1 million.
- Year-over-year, Operating Expenses surged 107.95% in 2023 and tumbled 30.41% in 2024.
- Over 5 years, 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | KNOT Offshore Partners | - | - | 56.27 Mn | 77.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |