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Knife River KNF Energy Services — 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 energy services — less expected credit loss?
Knife River (KNF) reported energy services — less expected credit loss of $908K in Q1 2026.
How has Knife River's energy services — less expected credit loss changed year-over-year?
Knife River's energy services — less expected credit loss increased by 447.0% year-over-year, from $166K to $908K.
What is the long-term trend for Knife River's energy services — less expected credit loss?
Over 2 years (2023 to 2025), Knife River's energy services — less expected credit loss has grown at a 106.5% compound annual growth rate (CAGR), from $400K to $1.71M.
What does energy services — less expected credit loss mean?
This metric represents the net carrying value of accounts receivable after accounting for the estimated losses from uncollectible customer balances. It reflects the management's assessment of credit risk within the Energy Services segment's customer base. A higher net value indicates a healthier receivables portfolio and lower anticipated default risk.