Kinetik Financial Statements
NYSE: KNTKUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Kinetik revenue and earnings
In fiscal 2025, Kinetik generated $1.76 billion in revenue, up 19.0% from fiscal 2024, its 8th consecutive year of revenue growth. Net income was $178.3 million (+122.8% year over year), for a net margin of 10.1% versus a median of 5.4% in the prior 5 years. Gross margin was 55.5% (down from 58.1%) and operating margin 9.3%.
Diluted earnings per share came in at $2.63, up from $1.02. Over the last 5 fiscal years, KNTK's revenue has grown at a 64.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Kinetik 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.76B | 1.48B | 1.26B | 1.21B | 160.62M | 148.41M | 135.80M | 76.75M | 15.14M |
| Revenue growth (YoY) | +18.98% | +18.03% | +3.54% | +655.52% | +8.23% | +9.29% | +76.94% | +406.87% | — |
| Cost of Revenue | 785.95M | 620.62M | 515.72M | 541.52M | 233.62M | 65.05M | 55.86M | 53.92M | 16.60M |
| Gross Profit | 978.44M | 862.31M | 740.69M | 671.97M | -73.00M | 83.36M | 79.94M | 22.83M | -1.46M |
| Operating Expenses | 300.25M | 220.68M | 183.14M | 154.26M | -126.49M | 1.10B | 1.37B | 35.07M | 1.74M |
| Operating Income | 164.92M | 179.23M | 159.25M | 150.49M | 53.49M | -1.02B | -1.29B | -12.24M | -11.53M |
| Interest Expense | 240.02M | 218.12M | 217.93M | 142.43M | 104.86M | 139.73M | 6.38M | 8.41M | 7.10M |
| Other Income (Expense) | 411.74M | 88.03M | -5.71M | 102.85M | -50.14M | -134.35M | 24.76M | 1.61M | 0 |
| Pretax Income | 576.66M | 267.27M | 153.54M | 253.34M | 3.35M | -1.15B | -1.26B | -10.74M | 508.77K |
| Income Tax | 50.73M | 23.04M | -232.91M | 2.62M | 1.86M | 968.00K | 64.90M | -10.50M | 7.04M |
| Net Income | 178.26M | 80.01M | 289.44M | 250.72M | 1.48M | -1.16B | -1.33B | -239.00K | -187.11K |
| Net Income growth (YoY) | +122.79% | -72.36% | +15.44% | +16817.75% | — | — | — | — | — |
| EPS (Basic) | 2.66 | 1.03 | 5.25 | 1.47 | 0.00 | 0.00 | -95.70 | -0.51 | -0.30 |
| EPS (Diluted) | 2.63 | 1.02 | 2.52 | 1.47 | 0.00 | 0.00 | -95.70 | -0.51 | -0.30 |
| Shares Outstanding (Basic) | 61.96M | 59.28M | 51.82M | 41.63M | 0 | 0 | 3.75M | 8.66M | 62.26M |
| Shares Outstanding (Diluted) | 62.66M | 60.12M | 146.20M | 41.66M | 0 | 0 | 3.75M | 8.66M | 62.26M |
| EBITDA | 547.56M | 503.43M | 440.24M | 410.83M | 297.05M | -796.71M | -1.24B | 7.83M | -5.54M |
| Gross Margin | 55.45% | 58.15% | 58.95% | 55.38% | -45.45% | 56.17% | 58.87% | 29.74% | -9.61% |
| Operating Margin | 9.35% | 12.09% | 12.68% | 12.40% | 33.30% | -687.61% | -946.84% | -15.95% | -76.17% |
| Net Margin | 10.10% | 5.40% | 23.04% | 20.66% | 92.00% | -778.79% | -977.72% | -31.00% | -124.00% |
This table shows 9 annual periods of Kinetik's income statement, from FY 2025 back to FY 2017, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow KNTK's reporting calendar. What is a income statement?