Jun 2026 (Q2 FY26) — Sep 4, 2026
KNOT Offshore Partners Q2 FY26 — Strategic Acquisition and Distribution Increase
Read the full callKNOT Offshore Partners (KNOP) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
KNOT Offshore Partners earnings: last reported Fri, 4 Sep 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 96.8 | +11.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 16.1 | −9.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 3.4 | −49.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$9.85 −0.51% · −$0.05
Performance +11.3% 1Y
1Y: $8.85 on 17 Oct 2025 → $9.85. High $11.54 (8 Sept 2026), low $8.79 (21 Oct 2025).
- Previous close
- $9.9
- 52-week range
- $8.79 – $11.54
- One year
- +9.57%
Overview
- Symbol
- KNOP
- Sector
- Industrials
- Industry
- Water Transportation
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — May 29, 2026
KNOT Offshore Partners Q1 FY26 – Increased Distribution and Strong Charter Backlog
Read the full callEvery analysed call
KNOT Offshore Partners earnings calls (KNOP)
Financials
What the filings say
Net profit, year on year: −50% (quarter to jun 2026 against jun 2025).
| Line item | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|
| Sales | 71 | 64 | 74 | 74 | 87 | 97 |
| Operating profit | -1 | 13 | -31 | 1 | 22 | 16 |
| Operating margin | −1.7% | 21.0% | −42.3% | 1.8% | 25.5% | 16.1% |
| Other income | -9 | -3 | -9 | -14 | -15 | -12 |
| Interest | 7 | 8 | 18 | 17 | 15 | 14 |
| Profit before tax | -11 | 10 | -40 | -13 | 7 | 4 |
| Tax rate | −2.5% | 1.6% | −0.1% | −1.7% | 1.8% | 4.4% |
| Net profit | -11 | 10 | -40 | -13 | 7 | 3 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total liabilities | 1,105 | 1,026 | 1,083 | 1,004 | 1,082 | 989 | 961 | 1,064 |
| Fixed assets | 1,767 | 1,677 | 1,709 | 1,598 | 1,631 | 1,493 | 1,462 | 1,557 |
| Total assets | 1,837 | 1,738 | 1,780 | 1,677 | 1,734 | 1,596 | 1,572 | 1,685 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 149 | 166 | 169 | 166 | 101 | 132 | 137 | 156 |
| Cash from investing | -15 | — | -21 | -12 | -36 | -3 | -0 | -25 |
| Cash from financing | -137 | -164 | -139 | -145 | -80 | -113 | -133 | -109 |
| Net cash flow | -4 | 2 | 9 | 10 | -15 | 16 | 3 | 22 |
KNOP operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Utilization rate Taking into account scheduled dry docking | 97.2%We operated the 97.2% utilization taking into account scheduled dry docking, which amounts to 92% utilization overall following the dry dockings of Synnove Knutsen.Source: earnings call transcript | 96.8%We operated with 96.8% utilization, taking into account scheduled dry docking, which amounts to 92.4% utilization overall following the dry docking of Fortaleza.Source: earnings call transcript | -0.4 pt |
| Utilization rate Overall | 92%We operated the 97.2% utilization taking into account scheduled dry docking, which amounts to 92% utilization overall following the dry dockings of Synnove Knutsen.Source: earnings call transcript | 92.4%We operated with 96.8% utilization, taking into account scheduled dry docking, which amounts to 92.4% utilization overall following the dry docking of Fortaleza.Source: earnings call transcript | +0.4 pt |
| Backlog | $858MWe have sustained a strong backlog with $858 million of fixed contracts, averaging 2.4 years.Source: earnings call transcript | $881.2MWe have expanded our strong backlog with $881.2 million of fixed contracts at quarter end, which average 2.5 years in duration, and chartered options averaging further four years.Source: earnings call transcript | +2.7% |
| Fleet | 19At quarter end, our fleet of 19 vessels had an average age of 10.5 years, and we're continuing to repay debt at around $90 million per year, which we consider prudent with the depreciating asset base.Source: earnings call transcript | 19At quarter end, our fleet of 19 vessels had an average age of 10.7 years.Source: earnings call transcript | 0% |
| Average fleet age | 10.5 yearsAt quarter end, our fleet of 19 vessels had an average age of 10.5 years, and we're continuing to repay debt at around $90 million per year, which we consider prudent with the depreciating asset base.Source: earnings call transcript | 10.7 yearsAt quarter end, our fleet of 19 vessels had an average age of 10.7 years.Source: earnings call transcript | +1.9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
1 filing, all on Jun 15, 2026.
Open market
decisions to buy or sellPurchases
$25.00M
1 purchase by 1 insider
Sales
None
No insider sold shares.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Seglem Trygve | $25.00M | — | Jun 15, 2026 |
Latest filings (1)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 15, 2026 | Seglem Trygve Director | Purchase | 1,250,000 | $25.00M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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