KNOT Offshore Partners LP (FRA:KO4)

KNOT Offshore Partners LP Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	350.58	310.54	285.93	267.49	269.31	278.58
Other Revenue	2.13	2.09	1.94	0.34	0.37	0.64
Revenue	352.71	312.63	287.88	267.83	269.68	279.22
Revenue Growth (YoY)	17.65%	8.60%	7.49%	-0.69%	-3.42%	-1.18%
Cost of Revenue	125.68	112.12	98.89	88.85	72.11	61.01
Gross Profit	227.03	200.51	188.99	178.98	197.57	218.22
Selling, General & Admin	6.42	6.07	6.14	6.1	6.46	5.39
Operating Expenses	123.92	117.88	117.04	113.52	106.02	95.14
Operating Income	103.11	82.63	71.95	65.46	91.55	123.08
Interest Expense	-59.65	-60.55	-66.62	-6.59	-58.63	-56.97
Interest & Investment Income	3.54	3.64	3.47	0.82	0	0.13
Currency Exchange Gain (Loss)	-0.75	-0.94	-0.24	0.22	-0.1	0.06
Other Non Operating Income (Expenses)	-0.59	-0.36	-0.67	-1.13	39.51	-1.06
EBT Excluding Unusual Items	45.66	24.41	7.89	58.78	72.34	65.24
Gain (Loss) on Sale of Assets	1.34	0.7	-	-	-	-
Asset Writedown	-	-16.38	-49.65	-	-29.42	-
Pretax Income	53.5	14.7	-38.92	59.54	54.36	65.24
Income Tax Expense	0.75	0.63	-4.6	0.88	0.49	0.01
Net Income	52.76	14.07	-34.33	58.67	53.88	65.23
Preferred Dividends & Other Adjustments	6.8	6.8	6.8	6.8	6.9	7.2
Net Income to Common	45.96	7.27	-41.13	51.87	46.98	58.03
Net Income Growth	-	-	-	8.89%	-17.40%	10.63%
Shares Outstanding (Basic)	35	35	35	35	34	33
Shares Outstanding (Diluted)	39	39	39	39	38	33
Shares Change (YoY)	12.36%	-0.08%	0.89%	2.89%	13.73%	-
EPS (Basic)	1.32	0.21	-1.18	1.48	1.39	1.74
EPS (Diluted)	1.17	0.18	-1.18	1.33	1.24	1.74
EPS Growth	-	-	-	7.32%	-28.82%	12.11%
Free Cash Flow	153.22	136.2	128.86	97.63	154.88	168.9
Free Cash Flow Per Share	3.90	3.47	3.28	2.50	4.09	5.07
Dividend Per Share	0.104	0.104	0.104	1.586	2.080	2.080
Dividend Growth	-	-	-93.44%	-23.75%	-	-
Gross Margin	64.37%	64.14%	65.65%	66.83%	73.26%	78.15%
Operating Margin	29.23%	26.43%	24.99%	24.44%	33.95%	44.08%
Profit Margin	13.03%	2.32%	-14.29%	19.37%	17.42%	20.78%
Free Cash Flow Margin	43.44%	43.57%	44.76%	36.45%	57.43%	60.49%
EBITDA	201.45	179.54	170.96	171.44	190.19	211.91
EBITDA Margin	57.11%	57.43%	59.39%	64.01%	70.53%	75.89%
D&A For EBITDA	98.34	96.92	99.02	105.98	98.65	88.83
EBIT	103.11	82.63	71.95	65.46	91.55	123.08
EBIT Margin	29.23%	26.43%	24.99%	24.44%	33.95%	44.08%
Effective Tax Rate	1.39%	4.29%	-	1.47%	0.90%	0.01%
Revenue as Reported	359.21	318.6	290.72	268.59	281.13	279.22

Source: S&P Global Market Intelligence. Standard template. Financial Sources.