Kimbell Royalty Partners, LP (KRP) Income Statement
KRP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKRP revenue and net income
Where KRP's revenue goes
2025Each bar shows an amount and its share of revenue. KRP kept 27.2% of revenue as net income.
KRP profit margins
KRP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.5% | +5.4% | +29.1% | +53.2% |
| Gross profit | +102.0% | +12.7% | +52.1% | +104.1% |
| Operating income | +259.1% | −1.0% | — | — |
| Net income | +642.2% | −6.7% | — | — |
| EPS (diluted) | −1.5% | −27.9% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KRP quarterly EPS vs estimates
Kimbell Royalty Partners beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.24).
KRP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $333.8M | $310.7M | $273.2M | $285.0M | $178.4M | $92.9M | $110.0M | $66.9M | $30.7M | $3.6M |
| Cost of revenue | $20.4M | $155.5M | $116.8M | $66.3M | $47.3M | $54.4M | $59.8M | $29.6M | $5.27B | $1.9M |
| Gross profit | $313.4M | $155.1M | $156.4M | $218.7M | $131.1M | $38.6M | $50.1M | $37.3M | −$5.24B | $1.7M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | — |
| Sales, general & admin | $56.0M | $54.7M | $36.6M | $44.8M | $39.0M | $35.3M | $30.8M | $21.5M | $1.75B | $2.5M |
| Total operating expenses | $180.6M | $118.1M | $46.5M | $81.8M | $81.8M | $289.3M | $30.8M | $21.5M | $28.6M | $2.5M |
| Operating income | $132.8M | $37.0M | $109.9M | $136.9M | $49.3M | −$250.7M | −$32.9M | −$48.2M | $2.0M | −$5.8M |
| Interest income | $34.5M | $26.7M | $3.5M | $3.7M | $8.1M | $5.7M | $5.7M | $4.1M | $830,740 | $424,840 |
| Interest expense | $34.5M | $26.7M | $26.0M | $13.8M | $9.2M | $6.4M | $5.8M | $4.1M | $791,437 | $424,841 |
| Income before taxes | $98.3M | $10.3M | $86.8M | $133.5M | $42.5M | −$257.0M | −$157.3M | −$52.3M | $1.2M | −$6.2M |
| Income taxes | −$1.3M | −$771,329 | $3.8M | $2.7M | $74,100 | −$885,193 | $899,000 | $25,000 | −$39,303 | $19,848 |
| Net income | $90.9M | $12.3M | $66.5M | $111.9M | $33.9M | −$159.5M | −$158.2M | −$50.5M | $1.2M | −$6.2M |
| EBITDA | $133.2M | $172.5M | $209.5M | $197.8M | $88.8M | −$202.3M | −$99.2M | −$23.0M | $17.7M | −$4.2M |
| EPS (diluted) | $0.66 | $0.67 | $0.86 | $1.76 | $1.37 | −$4.26 | −$0.97 | $0.25 | $0.13 | $0.45 |
| Gross margin | 93.9% | 49.9% | 57.2% | 76.7% | 73.5% | 41.5% | 45.6% | 55.8% | −17,097.0% | 47.7% |
| Operating margin | 39.8% | 11.9% | 40.2% | 48.0% | 27.6% | −269.8% | −29.9% | −72.0% | 6.7% | −159.9% |
| Net margin | 27.2% | 3.9% | 24.3% | 39.3% | 19.0% | −171.7% | −143.9% | −75.4% | 4.0% | −172.3% |
| 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 | $126.9M | $84.2M | $76.4M | $80.6M | $86.5M | $90.3M | $70.9M | $74.2M | $77.6M | $87.9M | $84.5M | $71.8M |
| Cost of revenue | $52.8M | $35.2M | −$27.4M | $5.6M | $5.7M | $36.5M | $35.7M | $36.5M | $38.6M | $44.7M | $41.9M | $28.0M |
| Gross profit | $74.1M | $49.0M | $103.8M | $75.0M | $80.8M | $53.8M | $35.1M | $37.7M | $39.0M | $43.2M | $42.7M | $43.7M |
| Sales, general & admin | $14.4M | $14.6M | $14.2M | $15.1M | $12.6M | $14.1M | $13.5M | $9.5M | $14.1M | $14.0M | $12.5M | $13.9M |
| Total operating expenses | $14.4M | $14.6M | $71.2M | $46.2M | $43.0M | $20.2M | $73.8M | $3.5M | $15.1M | $25.7M | $16.0M | $18.4M |
| Operating income | $59.7M | $34.5M | $32.6M | $28.8M | $37.8M | $33.6M | −$38.7M | $34.2M | $23.9M | $17.6M | $26.6M | $25.3M |
| Interest income | — | — | $9.1M | $9.8M | $8.9M | $6.6M | $6.0M | $6.5M | $0 | $0 | $0 | $6.7M |
| Interest expense | $8.4M | $8.2M | $9.1M | $9.8M | $8.9M | $6.6M | $6.0M | $6.5M | $6.9M | $7.3M | $7.5M | $6.7M |
| Income before taxes | $51.3M | $7.6M | $23.5M | $19.1M | $28.8M | $26.9M | −$44.6M | $27.7M | $16.9M | $10.3M | $19.2M | $18.6M |
| Income taxes | $4.0M | $703,000 | −$1.3M | −$3.3M | $2.2M | $1.1M | −$5.4M | $1.9M | $1.8M | $922,568 | $1.3M | $128,359 |
| Net income | $41.0M | $6.6M | $21.8M | $19.7M | $26.3M | $23.1M | −$32.5M | $22.7M | $13.7M | $8.4M | $13.5M | $14.6M |
| EBITDA | $90.0M | $28.9M | $33.1M | $60.0M | $68.2M | $64.8M | −$6.8M | $66.4M | $57.0M | $61.8M | $86.1M | $48.4M |
| EPS (diluted) | $0.40 | $0.21 | $0.21 | $0.21 | $0.02 | $0.22 | $0.18 | $0.21 | $0.14 | $0.14 | $0.39 | $0.19 |
| Gross margin | 58.4% | 58.2% | 135.8% | 93.0% | 93.4% | 59.6% | 49.6% | 50.8% | 50.3% | 49.2% | 50.5% | 60.9% |
| Operating margin | 47.0% | 40.9% | 42.7% | 35.8% | 43.7% | 37.2% | −54.6% | 46.1% | 30.8% | 20.0% | 31.5% | 35.2% |
| Net margin | 32.4% | 7.8% | 28.6% | 24.4% | 30.4% | 25.6% | −45.9% | 30.5% | 17.6% | 9.6% | 15.9% | 20.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KRP's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KRP financial results
In fiscal year 2025 (ended December 31, 2025), Kimbell Royalty Partners reported revenue of $333.8 million, up 7.5% from the year before. It had net income of $90.9 million (up 642.2%), a net profit margin of 27.2%. Diluted earnings per share came to $0.66. Over five years revenue grew at an average rate of 29.1% a year.
See the KRP stock overview for the latest quote and news, or the KRP chart for price history and technical indicators.
KRP income statement FAQ
What is Kimbell Royalty Partners's annual revenue?
Kimbell Royalty Partners reported total revenue of $333.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 7.5% from $310.7 million the previous year.
Is Kimbell Royalty Partners profitable?
Yes. Kimbell Royalty Partners reported net income of $90.9 million in fiscal 2025, a net profit margin of 27.2%; its operating margin was 39.8%.
What is Kimbell Royalty Partners's gross margin?
Kimbell Royalty Partners's gross margin was 93.9% in fiscal 2025: for every $100 of revenue, Kimbell Royalty Partners kept $94 after the direct cost of its products and services.
How fast is Kimbell Royalty Partners growing?
Revenue grew 29.1% a year on average over the last five fiscal years, from $92.9 million to $333.8 million.
What are Kimbell Royalty Partners's earnings per share?
Kimbell Royalty Partners earned $0.66 per diluted share in fiscal 2025, compared with $0.67 a year earlier.
When will Kimbell Royalty Partners report its next earnings?
Kimbell Royalty Partners is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Kimbell Royalty Partners's fiscal year end?
Kimbell Royalty Partners's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.