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Kinetik Holdings KNTK Midstream Logistics — Income Tax Expense (Benefit)

Other segment segments

Pipeline Transportation
$0

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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:IncomeTaxExpenseBenefit.

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 — income tax expense (benefit)?
Kinetik Holdings (KNTK) reported midstream logistics — income tax expense (benefit) of $0 in Q1 2026.
What is the long-term trend for Kinetik Holdings's midstream logistics — income tax expense (benefit)?
Over 3 years (2022 to 2025), Kinetik Holdings's midstream logistics — income tax expense (benefit) has grown at a -100.0% compound annual growth rate (CAGR), from $162K to $0.
What does midstream logistics — income tax expense (benefit) mean?
Represents the total income tax provision or benefit allocated to the midstream logistics business segment. This reflects the tax impact of the segment's operational earnings based on applicable tax jurisdictions and accounting standards.