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Kinetik Holdings KNTK Operating Income

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Other financials

Income statement

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Revenue$410.0M-7.5%
Gross profit$221.3M+0.6%
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:OperatingIncomeLoss.

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
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
Other income (expense):
Interest and other income167785
Interest expense(53,420)(55,714)
Equity in earnings of unconsolidated affiliates51,18857,478

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's operating income?
Kinetik Holdings (KNTK) reported operating income of -$3.84M in Q1 2026.
How has Kinetik Holdings's operating income changed year-over-year?
Kinetik Holdings's operating income decreased by 119.9% year-over-year, from $19.28M to -$3.84M.
What is the long-term trend for Kinetik Holdings's operating income?
Over 4 years (2021 to 2025), Kinetik Holdings's operating income has grown at a 32.5% compound annual growth rate (CAGR), from $53.49M to $164.92M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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