Kinetik Holdings, Inc. (KNTK)

NYSE Energy Oil & Gas Storage & Transportation S&P SmallCap 600

$48.77

-0.37 (-0.75%)

Close of Nov 06, 2026 · end-of-day data

Source: Kinetik Holdings, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$15.14M	$76.75M	$135.80M	$410.18M	$662.04M	$1.21B	$1.26B	$1.48B	$1.76B
Cost of revenue	$16.60M	$53.92M	$55.86M	$65.05M	$233.62M	$541.52M	$515.72M	$620.62M	$785.95M
Gross profit	-$1.46M	$22.83M	$79.94M	$345.12M	$428.43M	$671.97M	$740.69M	$862.31M	$978.44M
Operating income	-$11.53M	-$12.24M	-$1.29B	-$1.02B	$53.49M	$150.49M	$159.25M	$179.23M	$164.92M
Interest expense	$7.10M	$8.41M	$6.38M	$139.73M	$104.86M	$142.43M	$217.93M	$218.12M	$240.02M
Pre-tax income	$508.77K	-$10.74M	-$1.26B	-$1.15B	$3.35M	$253.34M	$153.54M	$267.27M	$576.66M
Income tax	$7.04M	-$10.50M	$64.90M	$968.00K	$1.86M	$2.62M	-$232.91M	$23.04M	$50.73M
Net income	-$187.11K	-$4.39M	-$358.49M	$0	$0	$40.73M	$289.44M	$80.01M	$178.26M
EBITDA	-$5.54M	$7.83M	-$1.24B	-$796.71M	$297.05M	$410.83M	$440.24M	$503.43M	$547.56M
EPS (basic)	$-0.30	$-0.51	$-95.70	$0.00	$0.00	$1.47	$5.25	$1.03	$2.66
EPS (diluted)	$-0.30	$-0.51	$-95.70	$0.00	$0.00	$1.47	$2.52	$1.02	$2.63
Diluted shares	62.26M	8.66M	3.75M	0	0	41.66M	146.20M	60.12M	62.66M
Gross margin	-9.6%	29.7%	58.9%	84.1%	64.7%	55.4%	59.0%	58.1%	55.5%
Operating margin	-76.2%	-15.9%	-946.8%	-248.8%	8.1%	12.4%	12.7%	12.1%	9.3%
Net margin	-1.2%	-5.7%	-264.0%	0.0%	0.0%	3.4%	23.0%	5.4%	10.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$0	$449.94M	$5.98M	$24.19M	$18.73M	$6.39M	$4.51M	$3.61M	$3.95M
Receivables	$5.42M	$10.91M	$15.46M	—	$178.11M	$204.04M	$215.72M	$111.94M	$85.28M
Inventory	$743.00K	$5.80M	$4.03M	$3.60M	$2.10M	$4.80M	$3.10M	$3.60M	$4.60M
Total current assets	$6.17M	$468.03M	$31.74M	$42.77M	$217.52M	$241.87M	$257.30M	$294.76M	$302.04M
Goodwill	—	—	—	—	$0	$5.08M	$5.08M	$5.08M	$5.08M
Total assets	$705.75M	$1.86B	$1.50B	$1.80B	$3.55B	$5.92B	$6.50B	$6.81B	$7.10B
Total current liabilities	$124.47M	$98.52M	$33.69M	$29.98M	$240.93M	$227.83M	$250.14M	$418.55M	$440.50M
Short-term debt	—	$0	$9.77M	$0	$54.28M	$0	$0	$140.20M	$165.20M
Long-term debt	—	$0	$396.00M	$624.00M	$2.35B	$3.40B	$3.59B	$3.39B	$3.65B
Total debt	—	$0	$405.77M	$624.00M	$2.40B	$3.40B	$3.59B	$3.53B	$3.82B
Total liabilities	$149.70M	$130.53M	$597.33M	$863.48M	$2.55B	$3.65B	$3.87B	$3.84B	$4.17B
Shareholders' equity	$556.07M	-$226.98M	$9.00K	$10.00K	$10.00K	-$839.77M	-$530.82M	-$2.98B	-$565.38M

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$0	$661.00K	$76.27M	$102.10M	$235.57M	$613.01M	$584.48M	$637.35M	$604.12M
Capital expenditures	$0	$84.00M	$342.65M	$181.42M	$78.03M	$206.16M	$312.86M	$263.54M	$492.47M
Free cash flow	$0	-$83.34M	-$266.38M	-$79.33M	$157.54M	$406.85M	$271.62M	$373.80M	$111.65M
Investing cash flow	$0	-$175.10M	-$1.50B	-$505.59M	-$99.62M	-$286.13M	-$686.32M	-$176.89M	-$199.09M
Financing cash flow	$0	$624.37M	$983.46M	$372.77M	-$136.81M	-$339.21M	$99.96M	-$461.36M	-$404.68M
Dividends paid	—	—	$0	$0	$0	$39.30M	$81.35M	$175.21M	$193.73M
Share buybacks	—	—	—	—	$0	$0	$5.76M	$0	$176.00M
Stock-based compensation	—	—	—	$0	$0	$42.78M	$55.98M	$76.54M	$62.62M
Depreciation & amortization	$5.99M	$20.07M	$41.48M	$223.76M	$243.56M	$260.35M	$280.99M	$324.20M	$382.64M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$348.87M	$341.39M	$359.46M	$396.36M	$385.72M	$443.26M	$426.74M	$463.97M	$430.42M	$409.98M	$581.44M	$569.40M
Cost of revenue	$141.62M	$153.69M	$146.51M	$144.59M	$175.83M	$223.36M	$156.70M	$235.39M	$170.50M	$188.72M	$237.59M	$300.33M
Gross profit	$207.25M	$187.71M	$212.94M	$251.78M	$209.88M	$219.90M	$270.04M	$228.58M	$259.92M	$221.25M	$343.85M	$269.07M
Operating income	$56.14M	$26.10M	$56.59M	$72.87M	$23.67M	$19.28M	$77.45M	$19.79M	$48.40M	-$3.84M	$133.98M	$63.74M
Interest expense	$78.31M	$46.71M	$53.15M	$67.07M	$51.19M	$57.05M	$59.06M	$64.26M	$59.65M	$53.23M	$55.14M	$56.09M
Pre-tax income	$32.42M	$39.19M	$118.16M	$91.91M	$18.00M	$21.83M	$81.74M	$16.66M	$456.43M	-$5.90M	$137.54M	$56.45M
Income tax	-$234.94M	$3.79M	$9.21M	$8.26M	$1.77M	$2.57M	$7.33M	$1.11M	$39.73M	-$778.00K	$14.42M	$5.53M
Net income	-$321.38M	$233.56M	$37.19M	$25.76M	$5.51M	$6.13M	$23.64M	$5.26M	$143.22M	-$1.67M	$49.54M	$22.09M
EBITDA	$128.85M	$99.71M	$131.65M	$160.46M	$111.62M	$111.95M	$171.22M	$115.20M	$149.20M	$98.00M	$237.31M	$167.54M
EPS (basic)	$4.67	$0.12	$0.54	$0.35	$0.00	$0.05	$0.33	$0.03	$2.25	$-0.07	$0.65	$0.26
EPS (diluted)	$1.95	$0.12	$0.54	$0.35	$0.00	$0.05	$0.33	$0.03	$2.22	$-0.07	$0.64	$0.26
Diluted shares	95.48M	58.39M	60.28M	60.42M	263.00K	61.00M	62.23M	62.43M	545.00K	66.68M	75.81M	81.01M
Gross margin	59.4%	55.0%	59.2%	63.5%	54.4%	49.6%	63.3%	49.3%	60.4%	54.0%	59.1%	47.3%
Operating margin	16.1%	7.6%	15.7%	18.4%	6.1%	4.3%	18.2%	4.3%	11.2%	-0.9%	23.0%	11.2%
Net margin	-92.1%	68.4%	10.3%	6.5%	1.4%	1.4%	5.5%	1.1%	33.3%	-0.4%	8.5%	3.9%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$4.51M	$9.76M	$12.55M	$20.44M	$3.61M	$8.85M	$10.73M	$7.74M	$3.95M	$720.00K	$7.83M	$7.02M
Receivables	$215.72M	$209.88M	$94.44M	$65.61M	$111.94M	$122.53M	$62.91M	$77.36M	$85.28M	$92.71M	$60.93M	$140.87M
Inventory	$3.10M	—	—	—	$3.60M	—	—	—	$4.60M	—	—	—
Total current assets	$257.30M	$257.29M	$299.30M	$285.88M	$294.76M	$315.00M	$312.63M	$315.07M	$302.04M	$318.80M	$349.69M	$428.81M
Goodwill	$5.08M	$5.08M	$15.49M	$5.08M	$5.08M	$5.08M	$5.08M	$5.08M	$5.08M	$5.08M	$5.08M	$5.08M
Total assets	$6.50B	$6.45B	$6.86B	$6.86B	$6.81B	$7.03B	$7.15B	$7.20B	$7.10B	$7.11B	$7.20B	$7.30B
Total current liabilities	$250.14M	$233.95M	$398.87M	$398.68M	$418.55M	$475.32M	$501.82M	$504.32M	$440.50M	$537.07M	$512.40M	$668.27M
Short-term debt	$0	—	$148.80M	$150.00M	$140.20M	$148.80M	$189.30M	$178.60M	$165.20M	$187.10M	$225.00M	$225.00M
Long-term debt	$3.59B	$3.55B	$3.29B	$3.31B	$3.39B	$3.60B	$3.77B	$3.98B	$3.65B	$3.67B	$3.72B	$3.73B
Total debt	$3.59B	$3.55B	$3.44B	$3.46B	$3.53B	$3.74B	$3.95B	$4.16B	$3.82B	$3.86B	$3.95B	$3.95B
Total liabilities	$3.87B	$3.80B	$3.78B	$3.80B	$3.84B	$4.13B	$4.34B	$4.58B	$4.17B	$4.27B	$4.29B	$4.45B
Shareholders' equity	-$530.82M	-$973.44M	-$1.21B	-$1.72B	-$2.98B	-$2.55B	-$1.57B	-$1.78B	-$565.38M	-$1.67B	-$1.19B	-$1.36B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$178.90M	$153.71M	$125.52M	$214.13M	$143.99M	$176.83M	$129.08M	$188.12M	$110.09M	$180.43M	$161.09M	$272.87M
Capital expenditures	$67.06M	$57.98M	$39.38M	$58.45M	$107.74M	$74.55M	$127.29M	$156.51M	$134.12M	$83.03M	$109.23M	$133.53M
Free cash flow	$111.83M	$95.73M	$86.14M	$155.68M	$36.25M	$102.28M	$1.78M	$31.61M	-$24.03M	$97.40M	$51.85M	$139.33M
Investing cash flow	-$103.72M	-$61.98M	$105.28M	-$109.21M	-$110.98M	-$260.14M	-$131.47M	-$171.33M	$363.84M	-$89.13M	-$115.11M	-$143.84M
Financing cash flow	-$70.73M	-$86.48M	-$228.01M	-$97.03M	-$49.84M	$88.55M	$4.28M	-$19.79M	-$477.71M	-$94.53M	-$38.87M	-$129.84M
Dividends paid	$23.32M	$38.75M	$44.78M	$44.90M	$46.78M	$46.98M	$47.97M	$48.57M	$50.21M	$52.29M	$59.85M	$64.26M
Share buybacks	$0	$0	$0	$0	$0	—	—	$100.00M	$3.45M	—	—	$0
Stock-based compensation	$12.64M	$22.56M	$15.10M	$15.20M	$23.67M	$20.65M	$9.70M	$14.20M	$18.04M	$20.66M	$9.10M	$9.30M
Depreciation & amortization	$72.72M	$73.61M	$75.06M	$87.58M	$87.95M	$92.67M	$93.76M	$95.41M	$100.80M	$101.83M	$103.33M	$103.80M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.