Kinetik Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,764	1,483	1,256	1,213	662.04
Revenue Growth (YoY)	18.98%	18.03%	3.54%	83.29%	61.41%
Fuel and Purchased Power Expense	785.95	620.62	515.72	541.52	233.62
Operations and Maintenance Expenses	402.02	330.13	259.43	231.56	119.48
Gross Profit	576.42	532.18	481.27	440.42	308.94
Depreciation & Amortization Expenses	382.65	324.2	280.99	260.35	243.56
Taxes Other than Income Tax	28.85	24.71	21.62	16.97	11.51
Net Gains on Disposal of Operating Assets	-0.01	-4.04	-19.4	-12.61	-0.38
Operating Income	164.92	179.23	159.26	150.49	53.49
Interest Income	230.33	215.99	202.02	181.45	63.07
Interest Expense	-233.37	-217.24	-205.85	-149.25	-117.37
Other Non-Operating Income (Expense)	414.77	89.28	-1.88	70.66	4.15
Total Non-Operating Income (Expense)	411.74	88.04	-5.71	102.85	-50.14
Pretax Income	576.66	267.27	153.54	253.34	3.35
Provision for Income Taxes	50.73	23.04	-232.91	2.62	1.87
Net Income	525.93	244.23	386.45	135.52	1.48
Net Income Attributable to Preferred Dividends	-	-	-	115.2	-
Net Income to Common	525.93	244.23	386.45	135.52	1.48
Net Income Growth	115.34%	-36.80%	185.17%	9044.26%	-
Shares Outstanding (Basic)	62	59	52	42	7
Shares Outstanding (Diluted)	63	60	146	42	32
Shares Change (YoY)	4.24%	-58.88%	250.89%	28.23%	-99.40%
EPS (Basic)	2.66	1.03	5.25	1.47	-1.86
EPS (Diluted)	2.63	1.02	2.52	1.47	-1.93
EPS Growth	157.84%	-59.52%	71.43%	-	-
Free Cash Flow	111.65	373.8	271.62	406.85	157.54
Free Cash Flow Growth	-70.13%	37.62%	-33.24%	158.25%	-
Free Cash Flow Per Share	1.78	6.22	1.86	9.76	4.85
Dividends Per Share	3.150	3.060	3.000	3.000	-
Dividend Growth	2.94%	2.00%	-	-	-
Gross Margin	32.67%	35.89%	38.30%	36.29%	46.67%
Operating Margin	9.35%	12.09%	12.68%	12.40%	8.08%
Profit Margin	29.81%	16.47%	30.76%	20.66%	0.22%
FCF Margin	6.33%	25.21%	21.62%	33.53%	23.80%
EBITDA	547.56	503.43	440.24	410.83	297.05
EBITDA Margin	31.03%	33.95%	35.04%	33.86%	44.87%
EBIT	164.92	179.23	159.26	150.49	53.49
EBIT Margin	9.35%	12.09%	12.68%	12.40%	8.08%
Effective Tax Rate	8.80%	8.62%	-151.69%	1.03%	55.72%

Updated Feb 25, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q