Kenon Financial Statements
NYSE: KENUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Kenon revenue and earnings
In fiscal 2025, Kenon generated $871.9 million in revenue, up 16.1% from fiscal 2024, its 7th consecutive year of revenue growth. Net income was $66.3 million (-88.9% year over year), for a net margin of 7.6% versus a median of 79.6% in the prior 5 years. Gross margin was 16.8% (down from 19.1%) and operating margin 7.2%.
Diluted earnings per share came in at $1.27, down from $11.34. Over the last 5 fiscal years, KEN's revenue has grown at a 17.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Kenon income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 871.93M | 751.30M | 691.80M | 573.96M | 487.76M | 386.47M | 373.47M | 364.01M | 365.70M | 324.25M |
| Revenue growth (YoY) | +16.06% | +8.60% | +20.53% | +17.67% | +26.21% | +3.48% | +2.60% | -0.46% | +12.78% | -0.51% |
| Cost of Revenue | 657.84M | 521.88M | 494.31M | 417.26M | 336.30M | 282.09M | 256.04M | 259.51M | 267.14M | 251.67M |
| Gross Profit | 146.82M | 143.79M | 119.46M | 99.84M | 98.35M | 71.25M | 86.30M | 74.69M | 68.47M | 45.89M |
| Operating Expenses | 114.91M | 119.13M | 82.17M | 88.06M | 31.73M | 8.63M | 6.33M | 6.51M | 6.43M | 6.12M |
| Research & Development | 4.00M | 12.17M | 15.61M | 15.19M | 1.57M | 2.00M | 1.95M | 999.00K | — | — |
| Selling, General & Admin | 120.38M | 95.95M | 84.72M | 99.94M | 75.73M | 49.96M | 36.44M | 34.64M | 56.29M | 47.09M |
| Operating Income | 62.35M | 47.51M | 42.56M | 2.83M | 22.54M | 23.01M | 55.97M | 42.19M | 42.29M | -70.94M |
| Interest Expense | 86.78M | 115.25M | 66.33M | 50.40M | 144.29M | 51.17M | 29.95M | 30.38M | 70.17M | 47.28M |
| Other Income (Expense) | 35.91M | -333.00K | 7.82M | 2.92M | -81.00K | 1.72M | 6.11M | — | — | — |
| Pretax Income | 176.51M | 93.32M | 81.16M | 82.26M | 879.64M | 500.45M | -5.54M | 461.97M | -135.64M | -426.90M |
| Income Tax | 28.24M | 40.55M | 25.20M | 37.98M | 4.33M | 4.70M | 16.68M | 11.50M | 72.81M | 2.25M |
| Net Income | 66.27M | 597.67M | -235.98M | 312.65M | 930.27M | 507.11M | -13.36M | 434.21M | 236.59M | -411.94M |
| Net Income growth (YoY) | -88.91% | — | -175.48% | -66.39% | +83.45% | — | -103.08% | +83.53% | — | -664.36% |
| EPS (Basic) | 1.27 | 11.34 | -4.42 | 5.80 | 17.27 | 9.41 | — | — | — | — |
| EPS (Diluted) | 1.27 | 11.34 | -4.42 | 5.80 | 17.27 | 9.41 | — | — | — | — |
| Shares Outstanding (Basic) | 52.15M | 52.71M | 53.36M | 53.88K | 53.88K | 53.87K | 53.86K | 53.83M | 53.76M | 53.72M |
| EBITDA | 134.76M | 140.94M | 133.50M | 65.70M | 80.18M | 57.18M | 88.07M | 72.61M | 73.08M | -43.65M |
| Gross Margin | 16.84% | 19.14% | 17.27% | 17.40% | 20.16% | 18.44% | 23.11% | 20.52% | 18.72% | 14.15% |
| Operating Margin | 7.15% | 6.32% | 6.15% | 49.00% | 4.62% | 5.95% | 14.99% | 11.59% | 11.56% | -21.88% |
| Net Margin | 7.60% | 79.55% | -34.11% | 54.47% | 190.72% | 131.21% | -3.58% | 119.29% | 64.69% | -127.04% |
This table shows 10 annual periods of Kenon's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow KEN's reporting calendar. What is a income statement?