Question 1

What is Kirby Corporation's costs of sales and operating expenses?

Accepted Answer

Kirby Corporation (KEX) reported costs of sales and operating expenses of $631.6M in Q2 2026.

Question 2

How has Kirby Corporation's costs of sales and operating expenses changed year-over-year?

Accepted Answer

Kirby Corporation's costs of sales and operating expenses increased by 12.1% year-over-year, from $563.24M to $631.6M.

Question 3

What is the long-term trend for Kirby Corporation's costs of sales and operating expenses?

Accepted Answer

Over 4 years (2021 to 2025), Kirby Corporation's costs of sales and operating expenses has grown at a 7.6% compound annual growth rate (CAGR), from $1.65B to $2.22B.

Question 4

What does costs of sales and operating expenses mean?

Accepted Answer

This metric captures the direct costs associated with providing marine transportation and distribution services, including fuel, labor, and vessel maintenance. It excludes administrative overhead and non-cash charges like depreciation.

Line item	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Distribution and services	385,425	362,893	732,341	672,403
Total revenues	922,399	855,455	1,766,498	1,641,114
Costs and expenses:
Costs of sales and operating expenses	631,599	563,238	1,190,128	1,075,574
Selling, general and administrative	88,709	85,846	189,969	181,133
Taxes, other than on income	10,081	10,542	19,933	19,372
Depreciation and amortization	70,361	65,670	138,599	129,400
Gain on disposition of assets	(708)	(1,687)	(2,161)	(1,757)

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Kirby Corporation KEX Costs Of Sales And Operating Expenses