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Knife River KNF Central — Less expected credit loss

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Other financials

Income statement

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Revenue$410.1M+16.0%
Gross profit-$2.8M+71.1%
Operating income-$86.2M-4.3%
Net income-$79.2M-15.2%
EPS (diluted)-$1.40-15.7%

Balance sheet

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Cash & equivalents$75.5M-45.5%
Total debt$1.5B+21.7%
Total equity$1.6B+10.8%
Total assets$3.8B+16.4%

Cash flow

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Operating cash flow-$58.6M+53.3%
CapEx$77.3M+3.1%
Free cash flow-$135.9M+32.1%

Valuation

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Market cap$4.89B-9.4%

Profitability

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Gross margin18.2%-0.7pp
Operating margin8.8%-1.0pp
Net margin4.6%-1.6pp
FCF margin-1.8%-7.2pp

Returns & leverage

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Return on equity9.9%-3.9pp
Debt / equity+0.1×
Current ratio2.7×-0.3×

Where this comes from

Reported directly by Knife River in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivable.

The official record: Knife River’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Knife River's central — less expected credit loss?
Knife River (KNF) reported central — less expected credit loss of $1.66M in Q1 2026.
How has Knife River's central — less expected credit loss changed year-over-year?
Knife River's central — less expected credit loss increased by 78.0% year-over-year, from $933K to $1.66M.
What is the long-term trend for Knife River's central — less expected credit loss?
Over 2 years (2023 to 2025), Knife River's central — less expected credit loss has grown at a 27.1% compound annual growth rate (CAGR), from $3.12M to $5.03M.
What does central — less expected credit loss mean?
Represents the net adjustment to the allowance for doubtful accounts for the Central segment after accounting for expected credit losses. This metric reflects the management's assessment of potential uncollectible receivables within the construction and materials business. It is a key indicator of credit risk management and the quality of the segment's accounts receivable portfolio.