Time Charter Revenues (Service Element Included) was KNOT Offshore Partners’s largest product and service line in fiscal 2025, bringing in $359.09M of $364.49M (99%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Time Charter Revenues (Service Element Included) | $216.82M | $246.67M | — | $359.09M | ||||
| Time Charter & Bareboat Revenues | — | — | $306.92M | $2.83M | ||||
| Bareboat Charter Revenues | — | $30.41M | $4.85M | $2.09M | ||||
| Bareboat Revenues | $45.98M | — | — | — | ||||
| Voyage Revenues | $4.69M | $8.85M | $3.63M | $466.00K | ||||
| Total | $267.49M | $285.93M | $315.40M | $364.49M |
KNOT Offshore Partners brought in $364.49M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. KNOT Offshore Partners regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $315.40M. Time Charter Revenues (Service Element Included) was the largest at $359.09M (98.5%), ahead of Time Charter & Bareboat Revenues at $2.83M (0.8%) and Bareboat Charter Revenues at $2.09M (0.6%). The remaining line, Voyage Revenues, brought in $466.00K.
KNOT Offshore Partners began breaking out Bareboat Charter Revenues in fiscal 2023, when it brought in $30.41M. KNOT Offshore Partners stopped reporting Bareboat Revenues as a separate line after fiscal 2022, when it brought in $45.98M.
Eni Trading & Shipping S.P.A was KNOT Offshore Partners’s largest revenue line in fiscal 2016, bringing in $47.00M of $172.88M (27%).
| Concentration Risk Type | FY 2013 | FY 2016 |
|---|---|---|
| Eni Trading & Shipping S.P.A | — | $47.00M |
| Fronape International Company, A Subsidiary Of Petrobras Transporte S.A | $22.86M | $45.24M |
| Equinor Asa | — | $21.76M |
| Statoil Asa | $21.56M | — |
| Repsol Sinopec Brasil, B.V., A Subsidiary Of Repsol Sinopec Brasil, S.A | — | $20.90M |
| Brazil Shipping I Limited, A Subsidiary Of Royal Dutch Shell | — | $20.50M |
| Brazil Shipping I Limited, A Subsidiary Of Bg Group Plc | $20.31M | — |
| Standard Marine Tonsberg As, A Norwegian Subsidiary Of Exxonmobil | — | $17.48M |
| Repsol Sinopec Brasil, S.A., A Subsidiary Of Repsol Sinopec Brasil, B.V | $8.42M | — |
| Total | $73.15M | $172.88M |
KNOT Offshore Partners brought in $172.88M from its six revenue lines in fiscal 2016, the year ended December 31, 2016. KNOT Offshore Partners regrouped these revenue lines after fiscal 2013, so the total does not compare directly with that year's $73.15M. Eni Trading & Shipping S.P.A was the largest at $47.00M (27.2%), ahead of Fronape International Company, A Subsidiary Of Petrobras Transporte S.A at $45.24M (26.2%) and Equinor Asa at $21.76M (12.6%). The other three revenue lines brought in $58.88M combined.
KNOT Offshore Partners began breaking out Eni Trading & Shipping S.P.A in fiscal 2016, Equinor Asa in fiscal 2016, Repsol Sinopec Brasil, B.V., A Subsidiary Of Repsol Sinopec Brasil, S.A in fiscal 2016 and Brazil Shipping I Limited, A Subsidiary Of Royal Dutch Shell in fiscal 2016. KNOT Offshore Partners stopped reporting Statoil Asa ($21.56M in fiscal 2013), Brazil Shipping I Limited, A Subsidiary Of Bg Group Plc ($20.31M in fiscal 2013) and Repsol Sinopec Brasil, S.A., A Subsidiary Of Repsol Sinopec Brasil, B.V ($8.42M in fiscal 2013) as separate revenue lines.
KNOT Offshore Partners (KNOP) reports its revenue by product and service and by concentration risk type. In fiscal 2025, Time Charter Revenues (Service Element Included) was its largest product and service line, bringing in $359.09M (98.5% of the total), followed by Time Charter & Bareboat Revenues at $2.83M (0.8%).
Time Charter Revenues (Service Element Included) was KNOT Offshore Partners' largest product and service line in fiscal 2025, bringing in $359.09M, or 98.5% of the $364.49M total across its four product and service lines.
Eni Trading & Shipping S.P.A was KNOT Offshore Partners' largest revenue line in fiscal 2016, bringing in $47.00M, or 27.2% of the $172.88M total across its six revenue lines.
Every figure comes from KNOT Offshore Partners' annual financial filings, as reported. Each line keeps the name KNOT Offshore Partners gives it, and years follow its fiscal calendar.
KNOT Offshore Partners' revenue by product and service goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.