KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026)
KNOT Offshore Partners (KNOP) posted quarterly Operating Expenses of $77.3 million for Q1 2026, up 24.83% year-over-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.
- 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 for Q1 2026 stood at $77.3 million, down from $88.1 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.
- The 5-year median for Operating Expenses is $56.9 million (2024), against an average of $63.1 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 107.95% in 2023, then tumbled 30.41% in 2024.
- KNOT Offshore Partners' Operating Expenses stood at $52.0 million in 2022, then rose by 5.58% to $54.9 million in 2023, then increased by 3.03% to $56.6 million in 2024, then jumped by 55.72% to $88.1 million in 2025, then decreased by 12.27% to $77.3 million in 2026.
- Business Quant data shows KNOP's Operating Expenses at $77.3 million in Q1 2026, $88.1 million in Q4 2025, and $66.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 111.07 Bn | 109.57 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.38 Bn | 71.35 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.96 Bn | 58.40 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.08 Bn | 59.92 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 60.06 Bn | 59.03 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.31 Bn | 59.18 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.08 Bn | 54.82 Bn | 5.29 Bn | 1.44 Bn |
| 10 | KNOT Offshore Partners | 403.82 Mn | 311.16 Mn | 59.05 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 |