Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026)
Kimbell Royalty Partners (KRP) posted Operating Expenses of $52.8 million for Q2 2026, up 6.13% on a QoQ basis from $49.7 million in Q1 2026, and up 8.27% year-over-year from $48.8 million in Q2 2025.
Analysis
Kimbell Royalty Partners (KRP) Operating Expenses (2016 - 2026) Analysis & Trends
Kimbell Royalty Partners has reported Operating Expenses for 11 years, with the latest figure at $52.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 8.27% year-over-year to $52.8 million in Q2 2026; TTM through Jun 2026 was $204.1 million, a 19.74% decrease from a year earlier, with the FY2025 full-year figure at $201.0 million, down 26.19% from the prior year.
- Operating Expenses was $52.8 million for Q2 2026 at Kimbell Royalty Partners, up from $49.7 million in the prior quarter.
- The five-year high for Operating Expenses was $105.4 million in Q4 2024, with the low at $25.6 million in Q1 2022.
- Average Operating Expenses over 5 years is $48.4 million, with a median of $49.7 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 143.51% in 2023, then tumbled 52.71% in 2025.
- Over 5 years, Operating Expenses stood at $29.8 million in 2022, then surged by 143.51% to $72.6 million in 2023, then jumped by 45.2% to $105.4 million in 2024, then sank by 52.71% to $49.8 million in 2025, then advanced by 5.94% to $52.8 million in 2026.
- The last three Operating Expenses figures came in at $52.8 million (Q2 2026), $49.7 million (Q1 2026), and $49.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 8.76 Bn | 8.68 Bn | - | 249.00 Mn |
| 2 | Black Stone Minerals | 3.18 Bn | 3.17 Bn | - | 38.90 Mn |
| 3 | Natural Resource Partners | 1.49 Bn | 1.46 Bn | 47.24 Mn | 21.88 Mn |
| 4 | Kimbell Royalty Partners | 1.46 Bn | 1.42 Bn | - | 52.80 Mn |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | 25.20 Mn |
| 6 | Evolution Petroleum | 126.62 Mn | 121.58 Mn | 7.21 Mn | 20.73 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | 56,000.00 |
| 8 | Mentor Capital | 757,270.28 | 21,452.28 | 65,595.00 | 197,439.00 |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | 4,167.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.80 Mn |
| Mar 31, 2026 | 49.75 Mn |
| Dec 31, 2025 | 49.84 Mn |
| Sep 30, 2025 | 51.77 Mn |
| Jun 30, 2025 | 48.76 Mn |
| Mar 31, 2025 | 50.63 Mn |
| Dec 31, 2024 | 105.38 Mn |
| Sep 30, 2024 | 49.58 Mn |
| Jun 30, 2024 | 52.68 Mn |
| Mar 31, 2024 | 64.67 Mn |
| Dec 31, 2023 | 72.58 Mn |
| Sep 30, 2023 | 41.91 Mn |
| Jun 30, 2023 | 36.11 Mn |
| Mar 31, 2023 | 33.59 Mn |
| Dec 31, 2022 | 29.80 Mn |
| Sep 30, 2022 | 26.92 Mn |
| Jun 30, 2022 | 28.80 Mn |
| Mar 31, 2022 | 25.62 Mn |
| Dec 31, 2021 | 24.04 Mn |
| Sep 30, 2021 | 21.70 Mn |