KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026)
KNOT Offshore Partners' Operating Expenses came in at $81.22 million for the quarter ended Jun 30, 2026, up 25.2% from $64.88 million a year earlier and up 5.1% from the prior quarter.
KNOT Offshore Partners (KNOP) Operating Expenses (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, KNOT Offshore Partners reported Operating Expenses of $312.86 million, up 28.7% year-over-year; for the year ended Dec 31, 2025, it came in at $132.03 million, up 21.7% from the prior year.
- Operating Expenses has increased in each of the last three years, though with a five-year compound annual growth rate of -3.3% (years ended Dec 2020 to Dec 2025).
- Going back by year, Operating Expenses was $108.52 million in the year ended Dec 31, 2024 (+16.2%), $93.35 million in the year ended Dec 31, 2023 (+8.5%), $86.03 million in the year ended Dec 31, 2022 (-100.0%) and $207.56 trillion in the year ended Dec 31, 2021.
- The five-year range for quarterly Operating Expenses is $45.45 million (the quarter ended Sep 30, 2021) to $105.04 million (the quarter ended Jun 30, 2023).
- Year-over-year, Operating Expenses has increased for four consecutive quarters, with growth averaging 16.5% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in the quarter ended Jun 30, 2023 (growth of 108.0%), and the weakest in the quarter ended Jun 30, 2024 (a decline of 30.4%).
- Business Quant data shows KNOP's Operating Expenses at $77.31 million (quarter ended Mar 31, 2026), $88.12 million (quarter ended Dec 31, 2025) and $66.2 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 4.10 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 2.43 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.95 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 21.90 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 2.34 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 23.46 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 17.89 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 1.09 Bn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 4.43 Bn |
| 10 | KNOT Offshore Partners | 352.76 Mn | 352.76 Mn | 60.33 Mn | 81.22 Mn |
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 |
KNOT Offshore Partners Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=KNOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KNOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=KNOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();