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AI brief of an SEC Form 8-K · Knife River (KNF)

Knife River Q3 revenue rises 6% as net income falls 4%; full-year guidance updated

Mixed Impact 4 of 5 earnings

Knife River reported third quarter 2026 revenue of $1.3 billion, up 6% year over year, while net income fell 4% to $137.9 million and diluted EPS fell to $2.43 from $2.52. The company updated its full-year 2026 guidance to reflect near-term headwinds, with revenue of $3,375.0 million to $3,425.0 million and Adjusted EBITDA of $475.0 million to $505.0 million.

Key points

  • Q3 revenue was $1,275.6 million, up 6% from $1,203.7 million a year earlier.
  • Net income was $137.9 million, down 4% from $143.2 million; diluted EPS was $2.43 versus $2.52.
  • Adjusted EBITDA was $271.7 million, roughly flat versus $272.8 million in the prior-year quarter.
  • 2026 guidance: revenue $3,375.0 million to $3,425.0 million; Adjusted EBITDA $475.0 million to $505.0 million. Net leverage was 2.9x at September 30, 2026.

The filing

CompanyKnife River (KNF)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:32 AM ET
Accession number0001628280-26-069132

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.