Knife River KNF Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Central | $101.21M-59.1% | $247.43M-43.0% | $434.35M+70.2% | $255.19M+276% | $67.85M-63.8% | |
| Corporate Services and Eliminations | -$3.79M-136% | $10.64M+433% | -$3.2M+0.6% | -$3.22M+10.5% | -$3.6M-128% | |
| Energy Services | $20.45M-64.4% | $57.5M-66.0% | $169.21M+73.8% | $97.38M+598% | $13.94M-77.1% | |
| Mountain | $81.24M-52.8% | $172.11M-25.1% | $229.81M+30.5% | $176.12M+167% | $65.99M-55.5% | |
| West | $211.78M-26.5% | $288.32M-27.2% | $396.03M+24.8% | $317.4M+52.4% | $208.29M-23.0% | |
| Total segment EBITDA by Business | ||||||
| Central | -$26.83M-167% | $39.8M-60.1% | $99.73M+125% | $44.4M+283% | -$24.29M-171% | |
| Energy Services | -$4.63M-178% | $5.96M-85.0% | $39.65M+132% | $17.08M+319% | -$7.8M-182% | |
| Mountain | -$8.22M-124% | $34.23M-32.5% | $50.7M+64.0% | $30.91M+290% | -$16.27M-196% | |
| West | $22.21M-60.7% | $56.56M-38.4% | $91.87M+51.2% | $60.77M+144% | $24.91M-31.4% | |
| Other segment items by Business | ||||||
| Central | $5K-94.8% | $96K-19.3% | $119K-65.1% | $341K+1,724% | -$21K-1,150% | |
| Energy Services | -$29K-204% | $28K-48.1% | $54K-31.6% | $79K+372% | -$29K-514% | |
| Mountain | -$29K-173% | $40K-55.1% | $89K-26.4% | $121K+1,829% | -$7K-450% | |
| West | -$461K— | $0+100% | -$274K-55.7% | -$176K-105% | $3.28M+809% | |
| Cost of revenue excluding depreciation, depletion and amortization by Business | ||||||
| Central | $104.78M-44.3% | $188.05M-40.7% | $317.01M+61.9% | $195.82M+166% | $73.66M-46.4% | |
| Energy Services | $21.34M-54.2% | $46.61M-63.1% | $126.21M+63.4% | $77.26M+339% | $17.62M-63.2% | |
| Mountain | $77.77M-40.7% | $131.05M-23.6% | $171.64M+25.3% | $136.98M+87.8% | $72.96M-40.0% | |
| West | $166.01M-20.2% | $208.05M-26.3% | $282.48M+20.4% | $234.63M+42.2% | $165.01M-22.4% | |
| Total Assets by Business | ||||||
| Central | $1.35B-3.3% | $1.39B+2.3% | $1.36B+3.4% | $1.32B+15.7% | $1.14B+61.1% | |
| Energy Services | $272.56M+12.8% | $241.52M-15.0% | $284.23M-8.2% | $309.69M+8.4% | $285.68M+13.3% | |
| Mountain | $564.5M+46.7% | $384.87M-8.8% | $422.23M+4.9% | $402.36M+14.9% | $350.26M-1.4% | |
| West | $1.48B-2.2% | $1.52B-4.6% | $1.59B+8.1% | $1.47B+16.2% | $1.27B-0.9% | |
| Selling, general and administrative expenses by Business | ||||||
| Central | $23.27M+18.2% | $19.68M+11.0% | $17.73M+15.8% | $15.32M-17.1% | $18.47M+16.2% | |
| Energy Services | $3.71M-25.1% | $4.95M+45.5% | $3.41M+9.1% | $3.12M-23.9% | $4.1M+21.2% | |
| Mountain | $11.66M+69.6% | $6.88M-9.0% | $7.56M-9.6% | $8.36M-10.1% | $9.3M-2.0% | |
| West | $23.09M-1.6% | $23.47M+9.6% | $21.41M-1.9% | $21.82M+0.8% | $21.65M+2.4% | |
| Goodwill Acquired During the Year by Business | ||||||
| Central | $0-100% | $40.47M+4,046,900% | $1K-100.0% | $20.16M-86.8% | $152.33M— | |
| Energy Services | $0— | $0— | $0— | $0— | $0-100% | |
| Mountain | $54.21M— | $0— | $0— | $0— | $0— | |
| West | $0— | $0-100% | $11.9M— | $0— | $0-100% | |
| CapEx by Business | ||||||
| Central | $29.35M+5.8% | $27.74M-25.3% | $37.14M+81.3% | $20.48M-20.9% | $25.89M+41.5% | |
| Energy Services | $2.2M-39.6% | $3.64M+45.4% | $2.5M+36.6% | $1.83M+13.4% | $1.62M-98.5% | |
| Mountain | $19.24M+79.2% | $10.74M+179% | $3.85M-75.1% | $15.49M+11.2% | $13.93M-33.7% | |
| West | $10.4M-70.8% | $35.66M+87.3% | $19.04M-82.0% | $105.6M+292% | $26.92M-18.7% | |
| Goodwill by Business | ||||||
| Central | $322.82M-0.3% | $323.9M+17.9% | $274.79M-2.6% | $282.27M+5.5% | $267.65M+132% | |
| Energy Services | $31.37M0.0% | $31.37M0.0% | $31.37M0.0% | $31.37M-0.1% | $31.41M0.0% | |
| Mountain | $81.02M+202% | $26.82M0.0% | $26.82M0.0% | $26.82M0.0% | $26.82M0.0% | |
| West | $137.88M+0.2% | $137.58M+0.9% | $136.4M+10.3% | $123.67M0.0% | $123.67M0.0% | |
| Goodwill, Measurement Period Adjustment by Business | ||||||
| Central | -$1.09M— | —— | -$7.48M-34.8% | -$5.54M— | $0— | |
| Energy Services | $0— | —— | —— | -$39K— | $0— | |
| Mountain | $0— | $0— | $0— | $0— | $0— | |
| West | $306K-74.0% | $1.18M+43.8% | $819K— | $0— | $0— | |
| Less expected credit loss by Business | ||||||
| Central | $1.66M+3.7% | $1.6M+13.5% | $1.41M+30.1% | $1.09M+16.3% | $933K+1.3% | |
| Energy Services | $908K0.0% | $908K+94.8% | $466K+181% | $166K0.0% | $166K0.0% | |
| Mountain | $188K-31.4% | $274K-4.9% | $288K-67.6% | $890K+9.3% | $814K+4.4% | |
| West | $2.3M-4.4% | $2.41M+1.3% | $2.38M-3.2% | $2.45M+2.0% | $2.41M-2.9% | |
| Less write-offs charged against the allowance by Business | ||||||
| Central | $11K-75.0% | $44K+214% | $14K+380% | -$5K-128% | $18K-64.7% | |
| Energy Services | $37K+68.2% | $22K+37.5% | $16K+108% | -$208K-179% | $263K— | |
| Mountain | $52K+18.2% | $44K-95.0% | $880K+8,700% | $10K+25.0% | $8K-95.8% | |
| West | $174K-38.3% | $282K+161% | $108K+238% | $32K-56.2% | $73K-65.2% | |
| Current expected credit loss provision by Business | ||||||
| Central | $70K-70.1% | $234K-31.4% | $341K+132% | $147K+390% | $30K-73.7% | |
| Energy Services | $37K-92.0% | $464K+46.8% | $316K+252% | -$208K-179% | $263K+276% | |
| Mountain | -$34K-213% | $30K-89.2% | $278K+223% | $86K+105% | $42K-30.0% | |
| West | $67K-78.5% | $312K+976% | $29K-64.2% | $81K— | $0-100% | |
| Revenue by Product | ||||||
| Aggregates | $103.51M-31.8% | $151.74M-30.4% | $218.04M+31.4% | $165.96M+104% | $81.39M-32.2% | |
| Asphalt | $20.98M-77.6% | $93.58M-53.3% | $200.44M+80.8% | $110.83M+587% | $16.13M-82.2% | |
| Contracting services private-sector | $33.76M-54.2% | $73.75M-1.5% | $74.88M+7.7% | $69.55M+70.3% | $40.84M+28.2% | |
| Contracting services public-sector | $114.06M-58.3% | $273.45M-43.2% | $481.56M+77.9% | $270.64M+173% | $99.23M-63.2% | |
| Liquid asphalt | $18.19M-63.0% | $49.14M-67.0% | $148.77M+73.2% | $85.89M+602% | $12.23M-76.3% | |
| Other | $46.59M-28.7% | $65.37M-28.5% | $91.41M+14.9% | $79.55M+82.9% | $43.49M-26.8% | |
| Ready-mix concrete | $144.55M-29.0% | $203.61M-22.1% | $261.38M+26.9% | $205.98M+89.9% | $108.46M-33.3% | |
| Cost of revenue: by Product | ||||||
| Construction materials | $272.94M-9.5% | $301.48M-29.4% | $426.78M+13.2% | $377.1M+61.3% | $233.76M-17.2% | |
| Contracting services | $139.96M-54.6% | $308.24M-37.4% | $492.6M+64.5% | $299.41M+132% | $129.3M-50.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Knife River break its business down?
- Knife River (KNF) reports revenue by business across 5 parts — Central, Corporate Services and Eliminations, Energy Services, Mountain and West. Each is extracted from the segment footnotes and tracked over time.
- Where does Knife River's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Knife River's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.