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Kinetik Holdings KNTK Contract Liabilities

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Other financials

Income statement

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Revenue$410.0M-7.5%
Gross profit$221.3M+0.6%
Operating income-$3.8M-120%
Net income-$1.7M-127%
EPS (diluted)-$0.07-240%

Balance sheet

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Cash & equivalents$720.0K-91.9%
Total debt$3.9B+3.6%
Total equity-$1.7B+34.5%
Total assets$7.1B+1.1%

Cash flow

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Operating cash flow$180.4M+2.0%
CapEx$83.0M+11.4%
Free cash flow$97.4M-4.8%

Valuation

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Market cap$4.12B+64.8%
Enterprise value$8.01B+23.3%
P/E24.2×-16.8×
P/S2.4×+0.9×

Profitability

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Gross margin56.6%+0.2pp
Operating margin8.2%-2.7pp
Net margin9.8%+5.1pp
FCF margin10%-21.1pp

Returns & leverage

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Return on equity-3,232.9%
Debt / equity242,364.7×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by Kinetik Holdings in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Kinetik Holdings’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001692787-26-000092
Line itemMarch 31, 2026December 31, 2025
537,069440,501
NONCURRENT LIABILITIES
Long term debt, net3,644,1283,627,720
Contract liabilities30,49330,959
Operating lease liabilities18,14929,033
Derivative liabilities1,712
Other liabilities14,81914,717
Deferred tax liabilities22,22222,299

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's contract liabilities?
Kinetik Holdings (KNTK) reported contract liabilities of $30.49M in Q1 2026.
How has Kinetik Holdings's contract liabilities changed year-over-year?
Kinetik Holdings's contract liabilities increased by 49.8% year-over-year, from $20.35M to $30.49M.
What is the long-term trend for Kinetik Holdings's contract liabilities?
Over 4 years (2021 to 2025), Kinetik Holdings's contract liabilities has grown at a 27.6% compound annual growth rate (CAGR), from $11.67M to $30.96M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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