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Segments

By segment

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Midstream Logistics$5.51M-22.7%
Pipeline Transportation$260K-30.1%

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$3.69B+45.9%
Enterprise value$7.58B+16.2%
P/E21.7×-19.8×
P/S2.1×+0.6×

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:GeneralAndAdministrativeExpense.

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 itemThree Months Ended March 31, 20262025
Costs of sales (excluding depreciation and amortization)(1) (2)188,724223,364
Operating expenses70,30163,603
Ad valorem taxes8,7756,791
General and administrative expenses44,20037,592
Depreciation and amortization expenses101,83392,673
Gain on disposal of assets, net(19)(40)
Total operating costs and expenses413,814423,983
Operating (loss) income(3,838)19,280

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's G&A?
Kinetik Holdings (KNTK) reported G&A of $44.2M in Q1 2026.
How has Kinetik Holdings's G&A changed year-over-year?
Kinetik Holdings's G&A increased by 17.6% year-over-year, from $37.59M to $44.2M.
What is the long-term trend for Kinetik Holdings's G&A?
Over 4 years (2021 to 2025), Kinetik Holdings's G&A has grown at a 46.2% compound annual growth rate (CAGR), from $28.59M to $130.62M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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