Knife River KNF Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Central | $101.21M+49.2% | $247.43M+31.9% | $434.35M+22.4% | $255.19M+18.9% | $67.85M+1.2% | |
| Corporate Services and Eliminations | -$3.79M-5.5% | $10.64M-18.0% | -$3.2M-4.3% | -$3.22M+24.7% | -$3.6M+28.0% | |
| Energy Services | $20.45M+46.7% | $57.5M-5.5% | $169.21M+34.4% | $97.38M+27.9% | $13.94M-1.1% | |
| Mountain | $81.24M+23.1% | $172.11M+16.2% | $229.81M-12.0% | $176.12M-9.2% | $65.99M+3.5% | |
| West | $211.78M+1.7% | $288.32M+6.5% | $396.03M+3.4% | $317.4M-4.7% | $208.29M-7.9% | |
| Total segment EBITDA by Business | ||||||
| Central | -$26.83M-10.5% | $39.8M+16.0% | $99.73M+24.9% | $44.4M+22.7% | -$24.29M-29.8% | |
| Energy Services | -$4.63M+40.7% | $5.96M-37.7% | $39.65M+17.6% | $17.08M-11.8% | -$7.8M-214% | |
| Mountain | -$8.22M+49.5% | $34.23M+101% | $50.7M-14.7% | $30.91M-28.3% | -$16.27M-168% | |
| West | $22.21M-10.8% | $56.56M+55.8% | $91.87M+7.6% | $60.77M-11.4% | $24.91M+28.3% | |
| Other segment items by Business | ||||||
| Central | $5K+124% | $96K+4,700% | $119K+91.9% | $341K-5.0% | -$21K-127% | |
| Energy Services | -$29K0.0% | $28K+300% | $54K+35.0% | $79K+558% | -$29K-166% | |
| Mountain | -$29K-314% | $40K+1,900% | $89K+93.5% | $121K+572% | -$7K-116% | |
| West | -$461K-114% | $0+100% | -$274K+7.7% | -$176K+60.5% | $3.28M+2,704% | |
| Cost of revenue excluding depreciation, depletion and amortization by Business | ||||||
| Central | $104.78M+42.3% | $188.05M+36.9% | $317.01M+21.9% | $195.82M+16.9% | $73.66M+2.8% | |
| Energy Services | $21.34M+21.1% | $46.61M-2.6% | $126.21M+40.2% | $77.26M+41.5% | $17.62M+24.0% | |
| Mountain | $77.77M+6.6% | $131.05M+7.7% | $171.64M-11.3% | $136.98M-4.7% | $72.96M+19.0% | |
| West | $166.01M+0.6% | $208.05M-2.2% | $282.48M+2.7% | $234.63M-3.3% | $165.01M-11.7% | |
| Total Assets by Business | ||||||
| Central | $1.35B+18.4% | $1.39B+97.3% | $1.36B+91.0% | $1.32B+89.4% | $1.14B+88.8% | |
| Energy Services | $272.56M-4.6% | $241.52M-4.2% | $284.23M+71.8% | $309.69M+62.0% | $285.68M+77.6% | |
| Mountain | $564.5M+61.2% | $384.87M+8.4% | $422.23M+7.5% | $402.36M+7.5% | $350.26M+13.2% | |
| West | $1.48B+17.2% | $1.52B+18.8% | $1.59B+16.7% | $1.47B+13.7% | $1.27B+5.2% | |
| Selling, general and administrative expenses by Business | ||||||
| Central | $23.27M+26.0% | $19.68M+23.8% | $17.73M+17.7% | $15.32M+35.7% | $18.47M+29.8% | |
| Energy Services | $3.71M-9.4% | $4.95M+46.5% | $3.41M+53.1% | $3.12M+42.9% | $4.1M+69.4% | |
| Mountain | $11.66M+25.4% | $6.88M-27.5% | $7.56M-7.8% | $8.36M+18.0% | $9.3M+8.0% | |
| West | $23.09M+6.7% | $23.47M+11.0% | $21.41M-4.8% | $21.82M+2.2% | $21.65M+9.7% | |
| Goodwill Acquired During the Year by Business | ||||||
| Central | $0-100% | $40.47M— | $1K— | $20.16M+2,643% | $152.33M— | |
| Energy Services | $0— | $0-100% | $0— | $0— | $0— | |
| Mountain | $54.21M— | $0— | $0— | $0— | $0— | |
| West | $0— | $0-100% | $11.9M+27,584% | $0— | $0— | |
| CapEx by Business | ||||||
| Central | $29.35M+13.4% | $27.74M+51.6% | $37.14M+442% | $20.48M-13.3% | $25.89M+293% | |
| Energy Services | $2.2M+35.9% | $3.64M-96.7% | $2.5M+17.9% | $1.83M-50.9% | $1.62M-32.5% | |
| Mountain | $19.24M+38.2% | $10.74M-48.9% | $3.85M+69.4% | $15.49M-6.3% | $13.93M+63.9% | |
| West | $10.4M-61.4% | $35.66M+7.7% | $19.04M+35.8% | $105.6M+311% | $26.92M+44.9% | |
| Goodwill by Business | ||||||
| Central | $322.82M+20.6% | $323.9M+181% | $274.79M+138% | $282.27M+145% | $267.65M+134% | |
| Energy Services | $31.37M-0.1% | $31.37M-0.1% | $31.37M+231% | $31.37M+231% | $31.41M+232% | |
| Mountain | $81.02M+202% | $26.82M0.0% | $26.82M0.0% | $26.82M0.0% | $26.82M0.0% | |
| West | $137.88M+11.5% | $137.58M+11.2% | $136.4M+10.3% | $123.67M+0.1% | $123.67M+0.1% | |
| Goodwill, Measurement Period Adjustment by Business | ||||||
| Central | -$1.09M— | —— | -$7.48M— | -$5.54M— | $0— | |
| Energy Services | $0— | —— | —— | -$39K— | $0— | |
| Mountain | $0— | $0— | $0— | $0— | $0— | |
| West | $306K— | $1.18M— | $819K— | $0— | $0— | |
| Less expected credit loss by Business | ||||||
| Central | $1.66M+78.0% | $1.6M+73.9% | $1.41M+64.6% | $1.09M+46.4% | $933K+16.3% | |
| Energy Services | $908K+447% | $908K+447% | $466K+385% | $166K+66.0% | $166K+66.0% | |
| Mountain | $188K-76.9% | $274K-64.9% | $288K-68.4% | $890K-22.5% | $814K-63.7% | |
| West | $2.3M-4.4% | $2.41M-2.9% | $2.38M-2.5% | $2.45M-2.3% | $2.41M-17.9% | |
| Less write-offs charged against the allowance by Business | ||||||
| Central | $11K-38.9% | $44K-13.7% | $14K-86.8% | -$5K-102% | $18K+500% | |
| Energy Services | $37K-85.9% | $22K— | $16K+220% | -$208K-20,900% | $263K— | |
| Mountain | $52K+550% | $44K-77.0% | $880K+278% | $10K-99.1% | $8K+300% | |
| West | $174K+138% | $282K+34.3% | $108K-40.7% | $32K-93.9% | $73K-8.8% | |
| Current expected credit loss provision by Business | ||||||
| Central | $70K+133% | $234K+105% | $341K+52.9% | $147K-2.6% | $30K-65.5% | |
| Energy Services | $37K-85.9% | $464K+563% | $316K+31,500% | -$208K-20,900% | $263K— | |
| Mountain | -$34K-181% | $30K-50.0% | $278K+5,660% | $86K+219% | $42K+189% | |
| West | $67K— | $312K+23.8% | $29K-72.9% | $81K-22.1% | $0+100% | |
| Revenue by Product | ||||||
| Aggregates | $103.51M+27.2% | $151.74M+26.5% | $218.04M+12.7% | $165.96M+4.8% | $81.39M-3.4% | |
| Asphalt | $20.98M+30.0% | $93.58M+3.2% | $200.44M-6.8% | $110.83M-7.1% | $16.13M-2.1% | |
| Contracting services private-sector | $33.76M-17.3% | $73.75M+132% | $74.88M-6.6% | $69.55M-20.0% | $40.84M+10.1% | |
| Contracting services public-sector | $114.06M+14.9% | $273.45M+1.4% | $481.56M+0.4% | $270.64M-5.0% | $99.23M+12.2% | |
| Liquid asphalt | $18.19M+48.8% | $49.14M-4.9% | $148.77M+34.1% | $85.89M+31.5% | $12.23M+10.8% | |
| Other | $46.59M+7.1% | $65.37M+10.1% | $91.41M+1.9% | $79.55M+2.4% | $43.49M+11.5% | |
| Ready-mix concrete | $144.55M+33.3% | $203.61M+25.2% | $261.38M+22.4% | $205.98M+14.7% | $108.46M+8.6% | |
| Cost of revenue: by Product | ||||||
| Construction materials | $272.94M+16.8% | $301.48M+6.8% | $426.78M+23.7% | $377.1M+21.5% | $233.76M+11.4% | |
| Contracting services | $139.96M+8.2% | $308.24M+18.2% | $492.6M+1.1% | $299.41M-6.5% | $129.3M+14.2% |
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.