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Kinetik Holdings KNTK Midstream Logistics — Total revenues

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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$3.69B+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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
For the three months ended March 31, 2026Midstream Logistics / (In thousands)Pipeline Transportation / (In thousands)Corporate and Other(1) / (In thousands)Elimination / (In thousands)Consolidated / (In thousands)
Revenue$403,720$2,285$406,005
Other revenue3,96293,971
Intersegment revenue(2)6,824(6,824)
Total segment operating revenue407,6829,118(6,824)409,976
Costs of sales (excluding depreciation and amortization)(188,588)(136)(188,724)
Intersegment costs of sales(6,824)6,824
Operating expenses(3)(78,302)(774)(79,076)
General and administrative expenses(5,510)(260)(38,430)(44,200)

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's midstream logistics — total revenues?
Kinetik Holdings (KNTK) reported midstream logistics — total revenues of $407.68M in Q1 2026.
How has Kinetik Holdings's midstream logistics — total revenues changed year-over-year?
Kinetik Holdings's midstream logistics — total revenues decreased by 7.5% year-over-year, from $440.86M to $407.68M.
What is the long-term trend for Kinetik Holdings's midstream logistics — total revenues?
Over 3 years (2022 to 2025), Kinetik Holdings's midstream logistics — total revenues has grown at a 13.1% compound annual growth rate (CAGR), from $1.21B to $1.75B.
What does midstream logistics — total revenues mean?
The total gross income generated by the midstream logistics segment through gathering, processing, and transportation services. This reflects the scale of operations and the volume of hydrocarbons handled across the company's infrastructure network.

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