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Knife River KNF West — Less write-offs charged against the allowance

Other segment segments

Mountain
$52K+550%
Energy Services
$37K-85.9%
Central
$11K-38.9%

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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$3.83B-22.4%
Enterprise value$5.24B-16.4%
P/E26.1×-6.1×
P/S1.2×-0.5×

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:AllowanceForDoubtfulAccountsReceivableWriteOffs.

The source filing: Knife River’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:48 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030688
Line itemWestMountainCentralEnergy ServicesTotal
As of December 31, 2025$2,405$274$1,602$908$5,189
Current expected credit loss provision67(34)7037140
Less write-offs charged against the allowance174521137274
At March 31, 2026$2,298$188$1,661$908$5,055

Item 1. Financial Statements

FAQ

What is Knife River's west — less write-offs charged against the allowance?
Knife River (KNF) reported west — less write-offs charged against the allowance of $174K in Q1 2026.
How has Knife River's west — less write-offs charged against the allowance changed year-over-year?
Knife River's west — less write-offs charged against the allowance increased by 138.4% year-over-year, from $73K to $174K.
What does west — less write-offs charged against the allowance mean?
The total value of accounts receivable deemed uncollectible and removed from the balance sheet during the period. This metric represents the realization of credit risk and the actual loss of revenue from customers. Monitoring this helps evaluate the segment's credit granting policies and the accuracy of its prior loss provisions.

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