Knife River Corp (KNF) Financial Statements
Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
In fiscal 2025, Knife River reported revenue of $3.15B, up 8.5% from $2.90B the year before. Net income was $157.1M (a 5.0% net margin), or $2.76 per diluted share. Gross margin was 18.4% and operating margin was 9.1%. Operating activities generated $278.5M of cash, leaving -$69.6M of free cash flow. At fiscal year end, Knife River held $3.65B in total assets against $2.01B in total liabilities, including $73.8M of cash and equivalents.
Open the full interactive Knife River financials → Quarterly statements, key ratios, valuation history and price charts.
Knife River Key Stats
| Share Price | $48.97 |
|---|---|
| Market Cap | $2.79B |
| P/E Ratio | 17.7 |
| Revenue YoY Growth | +8.5% |
| 52-Week Range | $48.97 – $93.97 |
| Shares Outstanding | 56.8 million (basic, 2026 Q2) |
Knife River Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $2.83B | $2.90B | $3.15B |
| Gross Profit | $538.9M | $569.8M | $577.3M |
| Operating Income | $296.4M | $316.2M | $285.9M |
| Pre-Tax Income | $245.3M | $271.0M | $213.2M |
| Income Tax | $62.4M | $69.3M | $56.1M |
| Net Income | $182.9M | $201.7M | $157.1M |
| Diluted EPS | $3.23 | $3.55 | $2.76 |
Knife River Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.20B | $755.1M | $410.1M | $938.6M |
| Net Income | $143.2M | $32.0M | -$79.2M | $43.9M |
| Diluted EPS | $2.52 | $0.56 | -$1.40 | $0.77 |
Knife River Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | $219.3M | $236.8M | $73.8M |
| Current Assets | $913.5M | $987.7M | $960.9M |
| Total Assets | $2.60B | $2.85B | $3.65B |
| Current Liabilities | $347.3M | $370.0M | $378.0M |
| Total Long-Term Debt | $681.7M | $677.4M | $1.17B |
| Total Liabilities | $1.33B | $1.38B | $2.01B |
| Shareholders' Equity | $1.27B | $1.48B | $1.64B |
Knife River Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | $335.7M | $322.3M | $278.5M |
| Cash From Investing | -$117.9M | -$294.8M | -$913.7M |
| Cash From Financing | $34.4M | -$8.7M | $477.5M |
| Free Cash Flow | $211.4M | $149.9M | -$69.6M |
Figures from Knife River's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Knife River financials page for every line item.
Knife River Company Profile
| Ticker | KNF |
|---|---|
| Exchange | NYSE |
| Industry | Mining & Quarrying of Nonmetallic Minerals (No Fuels) |
| Headquarters | Bismarck, North Dakota |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001955520 |
Frequently Asked Questions
What was Knife River's revenue in fiscal 2025?
Knife River (KNF) reported revenue of $3.15B for fiscal 2025.
What is Knife River's annual revenue history?
Knife River's annual revenue by fiscal year: 2023: $2.83B; 2024: $2.90B; 2025: $3.15B.
What was Knife River's net income in fiscal 2025?
Knife River reported net income of $157.1M for fiscal 2025.
What was Knife River's earnings per share (EPS) in fiscal 2025?
Knife River's diluted EPS was $2.76 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Knife River generate in fiscal 2025?
Knife River generated -$69.6M of free cash flow in fiscal 2025.
What was Knife River's revenue last quarter?
In its most recent reported quarter (2026 Q2), Knife River reported revenue of $938.6M.
How much debt does Knife River have?
Knife River reported $1.17B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Knife River are outstanding?
Knife River reported a weighted average of 56.8 million basic shares outstanding in 2026 Q2.
What is Knife River's market cap?
Based on its latest closing price, Knife River (KNF) has a market capitalization of about $2.79B.
When does Knife River's fiscal year end?
Knife River's fiscal year end, as registered with the SEC, is December 31.
Where is Knife River headquartered?
Knife River lists its business address in Bismarck, North Dakota in its SEC filings.
Knife River Competitors & Similar Companies
See all 13 Mining & Quarrying of Nonmetallic Minerals (No Fuels) companies →