Kinetik Holdings KNTK Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues by Business | ||||||
| Midstream Logistics | $407.68M-4.8% | $428.03M-7.3% | $461.64M+8.8% | $424.31M-3.8% | $440.86M+15.0% | |
| Pipeline Transportation | $9.12M-2.3% | $9.33M+15.0% | $8.12M-19.7% | $10.11M+40.1% | $7.21M-22.7% | |
| Segment adjusted EBITDA by Business | ||||||
| Midstream Logistics | $178.92M+3.4% | $173.08M+14.4% | $151.36M+0.1% | $151.21M-5.6% | $160.2M+6.3% | |
| Pipeline Transportation | $77.98M-7.2% | $84.03M-12.0% | $95.45M-1.4% | $96.77M+3.1% | $93.88M+1.6% | |
| (Loss) income before income taxes by Business | ||||||
| Midstream Logistics | $28.93M-61.9% | $75.99M+102% | $37.71M-59.2% | $92.44M+104% | $45.31M-19.0% | |
| Pipeline Transportation | $56.81M-88.0% | $472.91M+642% | $63.72M-2.1% | $65.07M+5.8% | $61.52M+24.5% | |
| Gain on disposal of assets, net by Business | ||||||
| Midstream Logistics | $19K+183% | -$23K+54.0% | -$50K-300% | $25K-37.5% | $40K— | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Other segment items by Business | ||||||
| Midstream Logistics | $50.46M— | —— | $20.61M+168% | -$30.28M-223% | $24.54M+70.8% | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Total Assets by Business | ||||||
| Midstream Logistics | $4.72B+0.2% | $4.71B+0.2% | $4.71B+1.5% | $4.64B+2.1% | $4.54B+5.0% | |
| Pipeline Transportation | $2.14B-0.7% | $2.15B-3.5% | $2.23B-1.0% | $2.25B-0.4% | $2.26B-0.3% | |
| Income Tax Expense (Benefit) by Business | ||||||
| Midstream Logistics | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Other interest income by Business | ||||||
| Midstream Logistics | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Costs of sales (excluding depreciation and amortization) by Business | ||||||
| Midstream Logistics | $188.59M+10.9% | $169.99M-28.0% | $236M+51.0% | $156.26M-30.0% | $223.36M+27.0% | |
| Pipeline Transportation | $136K-73.1% | $505K+183% | -$610K-241% | $434K+10,750% | $4K— | |
| Other one-time costs or amortization by Business | ||||||
| Midstream Logistics | $1.53M+72.2% | $886K+7,483% | -$12K-101% | $1.43M-37.7% | $2.29M+256% | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Proportionate EMI EBITDA by Business | ||||||
| Midstream Logistics | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Transportation | $70.03M-8.0% | $76.1M-13.2% | $87.72M-0.4% | $88.1M+0.7% | $87.53M+4.1% | |
| Interest Expense by Business | ||||||
| Midstream Logistics | -$48K-17.1% | -$41K-10.8% | -$37K-15.6% | -$32K-14.3% | -$28K— | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Equity in earnings of unconsolidated affiliates by Business | ||||||
| Midstream Logistics | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Transportation | $51.19M-1.3% | $51.88M-11.0% | $58.29M-0.7% | $58.71M+2.1% | $57.48M+32.1% | |
| General and administrative expenses by Business | ||||||
| Midstream Logistics | $5.51M+7.1% | $5.15M-22.1% | $6.61M+32.3% | $5M-29.9% | $7.13M+21.6% | |
| Pipeline Transportation | $260K+17.6% | $221K-8.3% | $241K-16.3% | $288K-22.6% | $372K-12.7% | |
| Operating Expenses by Business | ||||||
| Midstream Logistics | $78.3M+9.8% | $71.34M-13.5% | $82.49M+11.6% | $73.89M+5.7% | $69.91M+19.9% | |
| Pipeline Transportation | $774K+13.7% | $681K-9.2% | $750K+4.7% | $716K+47.6% | $485K-28.8% | |
| Capital expenditure by Business | ||||||
| Midstream Logistics | $92.58M-33.6% | $139.49M-18.8% | $171.82M+26.4% | $135.93M+67.3% | $81.23M-29.7% | |
| Pipeline Transportation | $1.31M+38.7% | $944K+47,100% | $2K+100% | $1K-99.6% | $243K— | |
| Depreciation and amortization expense by Business | ||||||
| Midstream Logistics | $99.5M+1.0% | $98.49M+5.8% | $93.1M+1.8% | $91.45M+1.2% | $90.36M+5.5% | |
| Pipeline Transportation | $2.33M+0.8% | $2.31M+0.1% | $2.31M0.0% | $2.31M0.0% | $2.31M0.0% | |
| Unrealized Gain (Loss) on Derivatives by Business | ||||||
| Midstream Logistics | $46.99M+719% | $5.74M-11.5% | $6.49M-82.8% | $37.74M+108% | $18.13M+105% | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Share-based compensation by Business | ||||||
| Midstream Logistics | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Concentration risk, percentage by Business | ||||||
| Midstream Logistics | 99%— | —— | —— | 1%-97.0pp | 98%— | |
| Pipeline Transportation | 89%— | —— | —— | —— | 93%— | |
| Amortization of contract costs by Business | ||||||
| Midstream Logistics | $1.95M+12.1% | $1.74M-0.2% | $1.74M+5.4% | $1.66M-0.1% | $1.66M0.0% | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Litigation costs by Business | ||||||
| Midstream Logistics | $0— | —— | —— | —— | $0-100% | |
| Pipeline Transportation | $0— | —— | —— | —— | $0— | |
| Integration costs by Business | ||||||
| Midstream Logistics | $0-100% | $2.17M-66.9% | $6.55M+232% | $1.97M-20.3% | $2.48M+678% | |
| Pipeline Transportation | $0— | $0— | $0— | $0— | $0— | |
| Total revenues by Product | ||||||
| Gathering and processing services | $93.77M-7.7% | $101.58M-1.7% | $103.34M-8.3% | $112.65M-11.9% | $127.93M+20.4% | |
| Natural gas, NGLs and condensate sales | $312.23M-4.1% | $325.53M-9.0% | $357.61M+14.8% | $311.59M-0.3% | $312.51M+13.3% | |
| Service revenue | $93.77M-7.7% | $101.58M-1.7% | $103.34M-8.3% | $112.65M-11.9% | $127.93M+20.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Kinetik Holdings break its business down?
- Kinetik Holdings (KNTK) reports total revenues by business across 2 parts — Midstream Logistics and Pipeline Transportation. Each is extracted from the segment footnotes and tracked over time.
- Where does Kinetik Holdings's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Kinetik Holdings's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.