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Knife River KNF Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Central$1.04B+25.9%$1B+21.9%$944.94M+15.5%$865.45M+5.8%$824.93M-1.1%
Corporate Services and Eliminations$428K-78.9%$626K-0.8%$2.95M+162%$3.09M+138%$2.03M+189%
Energy Services$344.54M+24.5%$338.04M+22.0%$341.36M+9.5%$298.06M-1.1%$276.83M-7.2%
Mountain$659.28M-1.5%$644.04M-3.4%$620.11M-6.3%$651.41M-0.6%$669.23M+5.0%
West$1.21B+1.6%$1.21B-0.2%$1.19B-2.6%$1.18B+5.0%$1.19B+11.4%
Total segment EBITDA by Business
Central$157.09M+24.6%$159.63M+21.3%$154.15M+21.9%$134.25M+77.1%$126.04M+83.3%
Energy Services$58.06M+5.9%$54.89M-8.8%$58.5M-16.6%$52.56M-6.1%$54.85M-2.3%
Mountain$107.62M+4.2%$99.58M-12.3%$82.35M-32.7%$91.09M+2.8%$103.3M+44.9%
West$231.41M+7.5%$234.11M+11.7%$213.85M-1.8%$207.39M+17.4%$215.17M+41.2%
Other segment items by Business
Central$561K+39.6%$535K+6.8%$441K-24.2%$384K-36.3%$402K+23.2%
Energy Services$132K+340%$132K+28.2%$111K+4.2%$97K+26.0%$30K-60.3%
Mountain$221K+275%$243K+123%$205K+69.1%$162K+81.0%$59K-31.2%
West-$911K-144%$2.83M+313%$2.37M+301%$2.35M+297%$2.08M+297%
Cost of revenue excluding depreciation, depletion and amortization by Business
Central$805.66M+26.2%$774.54M+21.7%$723.83M+9.1%$666.85M+17.4%$638.59M+13.1%
Energy Services$271.42M+29.2%$267.7M+29.5%$268.97M+28.1%$232.78M+36.1%$210.13M+25.4%
Mountain$517.43M-2.7%$512.62M-1.5%$503.26M-3.9%$525.14M+15.3%$531.92M+21.8%
West$891.18M-0.5%$890.18M-2.9%$894.83M-2.7%$887.28M+3.2%$895.24M+7.6%
Total Assets by Business
Central$5.42B+66.6%$5.21B+91.7%$4.53B+69.2%$3.88B$3.26B
Energy Services$1.11B+23.9%$1.12B+45.7%$1.13B+75.2%$1.01B$894.47M
Mountain$1.77B+20.5%$1.56B+9.0%$1.53B+9.9%$1.5B$1.47B
West$6.06B+16.6%$5.84B+13.8%$5.6B+10.4%$5.38B$5.2B
Selling, general and administrative expenses by Business
Central$76M+25.2%$71.2M+26.1%$67.41M+26.4%$64.74M+26.8%$60.7M+15.6%
Energy Services$15.19M+27.8%$15.58M+52.6%$14.01M+50.9%$12.82M+34.9%$11.89M+21.6%
Mountain$34.45M+1.1%$32.09M-3.9%$34.7M+10.3%$35.34M+14.7%$34.07M+8.8%
West$89.79M+3.6%$88.35M+4.3%$86.03M+0.1%$87.11M+1.5%$86.63M-0.3%
Goodwill Acquired During the Year by Business
Central$60.63M$212.96M
Energy Services$0-100%$0-100%$21.94M$21.94M$21.94M
Mountain$54.21M$0$0$0$0
West$11.9M+15,772%$11.9M+15,772%$11.94M$75K$75K
CapEx by Business
Central$114.71M+53.6%$111.25M+101%$101.81M+117%$71.52M+43.4%$74.68M+107%
Energy Services$10.18M-91.3%$9.6M-91.8%$115.44M+1,145%$115.06M+1,308%$116.95M+2,039%
Mountain$49.33M-8.2%$44.01M-8.9%$54.29M+61.2%$52.72M+39.5%$53.75M+94.6%
West$170.68M+71.1%$187.21M+105%$184.66M+158%$179.65M+154%$99.75M+70.6%
Goodwill by Business
Central$1.2B+96.2%$1.15B+149%$940.04M+104%$780.56M+85.7%$613.62M+61.1%
Energy Services$125.5M+53.5%$125.54M+110%$125.57M+231%$103.68M+221%$81.78M+208%
Mountain$161.47M+50.5%$107.26M0.0%$107.26M0.0%$107.26M0.0%$107.26M0.0%
West$535.53M+8.3%$521.32M+5.4%$507.42M+2.6%$494.66M$494.59M
Goodwill, Measurement Period Adjustment by Business
Mountain$0$0$0$0$0
West$2.3M$2M$819K$0$0
Less expected credit loss by Business
Central$5.76M+66.8%$5.03M+51.5%$4.35M+39.5%$3.8M+19.7%$3.45M+11.1%
Energy Services$2.45M+364%$1.71M+269%$964K+143%$594K+48.5%$528K+32.0%
Mountain$1.64M-55.1%$2.27M-55.4%$2.77M-58.0%$3.4M-55.2%$3.65M-56.9%
West$9.53M-3.0%$9.64M-6.9%$9.71M-11.2%$9.77M$9.83M
Less write-offs charged against the allowance by Business
Central$64K-83.5%$71K-80.9%$78K$170K$387K
Energy Services-$133K-149%$93K+1,450%$71K+1,083%$60K+5,900%$269K+26,800%
Mountain$986K-36.6%$942K-39.1%$1.09M-23.1%$442K-63.1%$1.55M+1,892%
West$596K-39.7%$495K-50.3%$423K$497K$989K
Current expected credit loss provision by Business
Central$792K+52.9%$752K+30.8%$632K$514K$518K
Energy Services$609K+81.8%$835K+1,060%$441K+21,950%$126K+12,500%$335K+33,400%
Mountain$360K+190%$436K+1,146%$466K$183K$124K
West$489K+5.6%$422K+1.2%$362K$440K$463K
Revenue by Product
Aggregates$639.25M+15.5%$617.13M+11.0%$585.39M+4.4%$560.82M0.0%$553.27M+0.8%
Asphalt$425.82M-3.5%$420.98M-4.6%$418.04M-5.4%$432.65M-3.8%$441.1M-3.1%
Contracting services private-sector$251.94M+5.1%$259.01M+9.7%$217.11M-22.6%$222.4M-24.8%$239.77M-19.5%
Contracting services public-sector$1.14B+0.6%$1.12B+0.2%$1.12B+4.0%$1.12B+7.5%$1.13B+11.1%
Liquid asphalt$302M+25.8%$296.03M+23.9%$298.57M+26.2%$260.72M+5.0%$240.13M-6.2%
Other$282.92M+4.7%$279.82M+5.3%$273.85M+4.0%$272.14M+2.6%$270.3M+4.9%
Ready-mix concrete$815.51M+22.8%$779.42M+18.9%$738.42M+13.8%$690.51M+6.0%$664.05M+1.1%
Cost of revenue: by Product
Construction materials$1.38B+17.7%$1.34B+16.7%$1.32B+15.6%$1.24B+8.3%$1.17B+2.0%
Contracting services$1.24B+3.5%$1.23B+4.0%$1.18B+0.3%$1.18B+0.9%$1.2B+3.1%

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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.