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Kinetik Holdings KNTK Midstream Logistics — Amortization of contract costs

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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$3.57B+0.2%

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:CapitalizedContractCostAmortization.

The official record: Kinetik Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kinetik Holdings's midstream logistics — amortization of contract costs?
Kinetik Holdings (KNTK) reported midstream logistics — amortization of contract costs of $1.95M in Q1 2026.
How has Kinetik Holdings's midstream logistics — amortization of contract costs changed year-over-year?
Kinetik Holdings's midstream logistics — amortization of contract costs increased by 17.8% year-over-year, from $1.66M to $1.95M.
What is the long-term trend for Kinetik Holdings's midstream logistics — amortization of contract costs?
Over 4 years (2021 to 2025), Kinetik Holdings's midstream logistics — amortization of contract costs has grown at a 39.5% compound annual growth rate (CAGR), from $1.79M to $6.8M.
What does midstream logistics — amortization of contract costs mean?
The periodic expense recognized for the amortization of costs incurred to obtain or fulfill customer contracts within the midstream logistics segment. This reflects the accounting treatment of long-term service agreements and the associated costs of securing business volume.