KNOT Offshore Partners LP (KNOP) — Financial statements
Income statement, balance sheet, and cash flow for KNOT Offshore Partners LP — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 364↑16.6% | 313↑7.5% | 291↑8.2% | 269↓4.5% | 281 | |
| Cost of Revenue | 253↑126.1% | 112↓46.6% | 210↑6.9% | 196↑14.3% | 172 | |
| Gross Profit | 111↓44.7% | 201↑147.8% | 81↑11.9% | 72↓33.9% | 109 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 6↓1.2% | 6↑0.7% | 6↓5.6% | 6 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00↓100.0% | 6↓1.2% | 6↑0.7% | 6↓5.6% | 6 | |
| Other Expenses | 7↓93.9% | 122↑144.8% | 50 | 0.00 | 0.00 | |
| Operating Expenses | 7↓94.2% | 128↑128.7% | 56↑814.9% | 6↓5.6% | 6 | |
| Total Costs & Expenses | 261↑8.8% | 240↑11.0% | 216↑6.7% | 202↑13.6% | 178 | |
| Operating Results | ||||||
| Operating Income | 104↑42.0% | 73↑190.1% | 25↓62.0% | 66↓10.0% | 74 | |
| Depreciation & Amortization | 120↑8.0% | 111↑0.5% | 110↑2.6% | 107↑7.9% | 100 | |
| EBITDA | 223↑17.1% | 191↑31.8% | 145↓31.2% | 210↑14.9% | 183 | |
| EBIT | 104↑29.7% | 80↑136.6% | 34↓67.2% | 103↑23.2% | 83 | |
| Interest & Other Income | ||||||
| Net Interest Income | -59↑7.6% | -64↑7.4% | -69↓63.1% | -42↓45.9% | -29 | |
| Interest Income | 4↑237.8% | 1↓69.5% | 3↑321.9% | 0.82↑41000.0% | 0.00 | |
| Interest Expense | 63↓3.6% | 65↓10.4% | 73↑68.1% | 43↑48.7% | 29 | |
| Non-Operating Income | 0.00↑100.0% | -7↑19.6% | -9↑76.5% | -37↓270.5% | -10 | |
| Other Income / Expenses | -79↓35.9% | -58↑9.1% | -64↓859.0% | -7↑65.2% | -19 | |
| Income Before Tax | 24↑66.2% | 15↑137.8% | -39↓165.4% | 60↑9.5% | 54 | |
| Income Tax Expense | 1↑84.3% | 0.63↑113.7% | -5↓625.1% | 0.88↑79.3% | 0.49 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 23↑65.4% | 14↑141.0% | -34↓158.5% | 59↑8.9% | 54 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 23↑65.4% | 14↑141.0% | -34↓158.5% | 59↑8.9% | 54 | |
| Bottom-Line Net Income | 23↑226.2% | 7↑117.7% | -40↓179.3% | 51↑8.4% | 47 | |
| EPS (Basic) | 0.69↑228.6% | 0.21↑117.8% | -1.18↓179.7% | 1.48↑6.5% | 1.39 | |
| EPS (Diluted) | 0.69↑228.6% | 0.21↑120.4% | -1.03↓177.4% | 1.33↑7.3% | 1.24 | |
| Weighted Average Shares | 34↓0.4% | 34↓0.7% | 34↓0.0% | 34↑3.2% | 33 | |
| Weighted Average Diluted Shares | 34↓1.1% | 34↓12.8% | 39↑2.6% | 38↑2.9% | 37 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.