Kimbell Royalty Partners 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
Operating Revenue	317.47	304.61	267.58	281.96	175.09
Other Revenue	16.36	6.05	5.59	3.07	3.32
Revenue	333.83	310.65	273.18	285.04	178.41
Revenue Growth (YoY)	7.46%	13.72%	-4.16%	59.77%	91.97%
Cost of Revenue	20.44	20.41	20.33	16.24	10.48
Gross Profit	313.39	290.25	252.85	268.8	167.93
Selling, General & Admin	56.01	54.67	49.17	44.82	39.03
Other Operating Expenses	-	1.35	-20.89	36.98	42.79
Operating Expenses	180.56	191.13	124.76	131.88	118.62
Operating Income	132.83	99.11	128.09	136.92	49.31
Interest Expense	-34.47	-26.7	-25.95	-13.82	-9.18
Interest & Investment Income	-	-	3.51	3.72	-
Earnings From Equity Investments	-	-	-	2.67	1.12
Other Non Operating Income (Expenses)	-0.01	-	-0.18	4.04	1.26
EBT Excluding Unusual Items	98.35	72.42	105.47	133.53	42.51
Asset Writedown	-	-62.12	-18.22	-	-
Other Unusual Items	-	-	-0.48	-	-
Pretax Income	98.35	10.3	86.77	133.53	42.51
Income Tax Expense	-1.3	-0.77	3.77	2.74	0.07
Earnings From Continuing Operations	99.65	11.07	83.01	130.79	42.44
Minority Interest in Earnings	-8.7	1.25	-16.46	-18.82	-8.5
Net Income	90.95	12.32	66.54	111.97	33.94
Preferred Dividends & Other Adjustments	34.91	21.16	4.83	17.45	11.33
Net Income to Common	56.04	-8.84	61.71	94.52	22.62
Net Income Growth	637.98%	-81.48%	-40.57%	229.89%	-
Shares Outstanding (Basic)	91	76	67	54	40
Shares Outstanding (Diluted)	121	76	93	66	61
Shares Change (YoY)	59.11%	-18.07%	41.35%	8.00%	76.53%
EPS (Basic)	0.62	-0.12	0.93	1.75	0.56
EPS (Diluted)	0.62	-0.12	0.91	1.72	0.51
EPS Growth	-	-	-47.22%	237.43%	-
Free Cash Flow	-	250.71	-316.54	25.18	35.37
Free Cash Flow Per Share	-	3.29	-3.40	0.38	0.58
Dividend Per Share	-	1.720	1.680	1.990	1.320
Dividend Growth	-	2.38%	-15.58%	50.76%	94.12%
Gross Margin	93.88%	93.43%	92.56%	94.30%	94.13%
Operating Margin	39.79%	31.91%	46.89%	48.03%	27.64%
Profit Margin	16.79%	-2.84%	22.59%	33.16%	12.68%
Free Cash Flow Margin	-	80.70%	-115.87%	8.83%	19.82%
EBITDA	256.32	234.24	224.57	187	86.11
EBITDA Margin	76.78%	75.40%	82.21%	65.61%	48.27%
D&A For EBITDA	123.49	135.12	96.48	50.09	36.8
EBIT	132.83	99.11	128.09	136.92	49.31
EBIT Margin	39.79%	31.91%	46.89%	48.03%	27.64%
Effective Tax Rate	-	-	4.34%	2.05%	0.17%
Revenue as Reported	333.83	309.31	294.07	248.06	135.62

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q