Kinetik Holdings Inc. (KNTK) Income Statement
KNTK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKNTK revenue and net income
Where KNTK's revenue goes
2025Each bar shows an amount and its share of revenue. KNTK kept 29.8% of revenue as net income.
KNTK profit margins
KNTK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.0% | +13.3% | +33.9% | — |
| Gross profit | +10.7% | +13.1% | +37.5% | — |
| Operating income | −8.0% | +3.1% | — | — |
| Net income | +115.3% | +57.1% | — | — |
| EPS (diluted) | +10.9% | −1.6% | −8.1% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KNTK quarterly EPS vs estimates
Kinetik beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.42).
KNTK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.76B | $1.48B | $1.26B | $1.21B | $662.0M | $410.2M | $378.7M | $571.4M | $15.1M | $0 |
| Cost of revenue | $1.17B | $944.8M | $796.7M | $801.9M | $477.2M | $288.8M | $272.9M | $532.7M | $16.6M | — |
| Gross profit | $595.8M | $538.1M | $459.7M | $411.6M | $184.9M | $121.4M | $105.8M | $38.7M | −$1.5M | — |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | — |
| Sales, general & admin | $130.6M | $134.2M | $97.9M | $94.3M | $28.6M | $22.9M | $22.6M | $19.4M | $1.1M | $2,380 |
| Total operating expenses | $430.9M | $358.9M | $300.4M | $261.1M | $131.4M | $1.14B | $117.9M | $65.1M | $1.1M | $2,376 |
| Operating income | $164.9M | $179.2M | $159.3M | $150.5M | $53.5M | −$1.02B | −$12.1M | −$26.4M | −$1.1M | −$2,380 |
| Interest income | $4.0M | $2.8M | $1.9M | $489,000 | $4.1M | $9,000 | $3.6M | $1.5M | — | — |
| Interest expense | $225.5M | $209.8M | $199.7M | $149.3M | $104.0M | $2.2M | $133.5M | $83.1M | $0 | $0 |
| Income before taxes | $576.7M | $267.3M | $153.5M | $253.3M | $3.3M | −$1.15B | −$140.1M | −$10.7M | −$903,619 | −$2,376 |
| Income taxes | $50.7M | $23.0M | −$232.9M | $2.6M | $1.9M | $968,000 | $4.4M | $476,000 | −$170,349 | — |
| Net income | $525.9M | $244.2M | $386.5M | $135.5M | $1.5M | −$1.16B | −$144.4M | −$109.0M | −$733,270 | −$2,376 |
| EBITDA | $1.18B | $801.3M | $634.2M | $653.4M | $350.9M | −$807.5M | $196.1M | $91.0M | −$1.1M | −$2,380 |
| EPS (diluted) | $3.15 | $2.84 | $3.41 | $3.31 | $4.64 | $4.81 | $125.30 | −$1.69 | −$0.02 | $0.00 |
| Gross margin | 33.8% | 36.3% | 36.6% | 33.9% | 27.9% | 29.6% | 27.9% | 6.8% | −9.6% | — |
| Operating margin | 9.3% | 12.1% | 12.7% | 12.4% | 8.1% | −248.8% | −3.2% | −4.6% | −7.3% | — |
| Net margin | 29.8% | 16.5% | 30.8% | 11.2% | 0.2% | −281.8% | −38.1% | −19.1% | −4.8% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $581.4M | $410.0M | $430.4M | $464.0M | $426.7M | $443.3M | $385.7M | $396.4M | $359.5M | $341.4M | $348.9M | $330.3M |
| Cost of revenue | $237.6M | $290.6M | $271.3M | $330.8M | $250.5M | $316.0M | $263.8M | $232.2M | $221.6M | $227.3M | $214.3M | $217.7M |
| Gross profit | $343.8M | $119.4M | $159.1M | $133.2M | $176.3M | $127.2M | $121.9M | $164.2M | $137.9M | $114.1M | $134.5M | $112.6M |
| Sales, general & admin | $26.3M | $44.2M | $38.7M | $30.1M | $24.2M | $37.6M | $39.3M | $29.6M | $36.8M | $34.1M | $24.8M | $22.8M |
| Total operating expenses | $209.9M | $123.3M | $110.7M | $113.3M | $98.8M | $107.9M | $98.3M | $91.3M | $81.3M | $88.0M | $78.4M | $74.2M |
| Operating income | $134.0M | −$3.9M | $48.4M | $19.8M | $77.5M | $19.3M | $23.7M | $72.9M | $56.6M | $26.1M | $56.1M | $38.4M |
| Interest income | $297,000 | $167,000 | $163,000 | $303,000 | $2.7M | $785,000 | $530,000 | $1.9M | $309,000 | $91,000 | $379,000 | $289,000 |
| Interest expense | $54.1M | $51.5M | $57.4M | $59.8M | $54.5M | $53.7M | $47.7M | $64.1M | $52.2M | $64.7M | $52.5M | $52.8M |
| Income before taxes | $137.5M | −$5.9M | $456.4M | $16.7M | $81.7M | $21.8M | $18.0M | $91.9M | $118.2M | $39.2M | $32.4M | $44.4M |
| Income taxes | $14.4M | −$778,000 | $39.7M | $1.1M | $7.3M | $2.6M | $1.8M | $8.3M | $9.2M | $3.8M | −$234.9M | $1.3M |
| Net income | $49.5M | −$5.1M | $416.7M | $15.5M | $74.4M | $19.3M | $16.2M | $83.7M | $108.9M | $35.4M | $267.4M | $43.1M |
| EBITDA | $295.0M | $147.4M | $614.7M | $171.9M | $234.0M | $168.2M | $153.7M | $243.6M | $245.4M | $158.6M | $178.9M | $157.8M |
| EPS (diluted) | $0.64 | $0.77 | $2.16 | $0.23 | $0.50 | $0.26 | $0.34 | $0.33 | $1.79 | $0.38 | $1.70 | $1.07 |
| Gross margin | 59.1% | 29.1% | 37.0% | 28.7% | 41.3% | 28.7% | 31.6% | 41.4% | 38.4% | 33.4% | 38.6% | 34.1% |
| Operating margin | 23.0% | −0.9% | 11.2% | 4.3% | 18.2% | 4.3% | 6.1% | 18.4% | 15.7% | 7.6% | 16.1% | 11.6% |
| Net margin | 8.5% | −1.3% | 96.8% | 3.4% | 17.4% | 4.3% | 4.2% | 21.1% | 30.3% | 10.4% | 76.6% | 13.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KNTK's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KNTK financial results
In fiscal year 2025 (ended December 31, 2025), Kinetik reported revenue of $1.8 billion, up 19.0% from the year before. It had net income of $525.9 million (up 115.3%), a net profit margin of 29.8%. Diluted earnings per share came to $3.15. Over five years revenue grew at an average rate of 33.9% a year.
See the KNTK stock overview for the latest quote and news, or the KNTK chart for price history and technical indicators.
KNTK income statement FAQ
What is Kinetik's annual revenue?
Kinetik reported total revenue of $1.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 19.0% from $1.5 billion the previous year.
Is Kinetik profitable?
Yes. Kinetik reported net income of $525.9 million in fiscal 2025, a net profit margin of 29.8%; its operating margin was 9.3%.
What is Kinetik's gross margin?
Kinetik's gross margin was 33.8% in fiscal 2025: for every $100 of revenue, Kinetik kept $34 after the direct cost of its products and services.
How fast is Kinetik growing?
Revenue grew 33.9% a year on average over the last five fiscal years, from $410.2 million to $1.8 billion.
What are Kinetik's earnings per share?
Kinetik earned $3.15 per diluted share in fiscal 2025, compared with $2.84 a year earlier.
When will Kinetik report its next earnings?
Kinetik is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Kinetik's fiscal year end?
Kinetik's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.