Kinetik Holdings Inc. (KNTK) Financial Statements
Industry: Natural Gas Transmission
In fiscal 2025, Kinetik reported revenue of $1.76B, up 19.0% from $1.48B the year before. Net income was $178.3M (a 10.1% net margin), or $2.63 per diluted share. Gross margin was 9.3% and operating margin was 9.3%. Operating activities generated $604.1M of cash, leaving $111.6M of free cash flow. At fiscal year end, Kinetik held $7.10B in total assets against $4.17B in total liabilities, including $4.0M of cash and equivalents.
Open the full interactive Kinetik financials → Quarterly statements, key ratios, valuation history and price charts.
Kinetik Key Stats
| Share Price | $55.55 |
|---|---|
| Market Cap | $4.21B |
| P/E Ratio | 21.1 |
| Revenue YoY Growth | +19.0% |
| 52-Week Range | $30.05 – $55.55 |
| Shares Outstanding | 75.1 million (basic, 2026 Q2) |
Kinetik Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $148.4M | $160.6M | $1.21B | $1.26B | $1.48B | $1.76B |
| Cost of Goods Sold | $86.8M | $95.0M | $1.06B | $1.10B | $1.30B | $1.60B |
| Gross Profit | $61.6M | $65.6M | $150.5M | $159.3M | $179.2M | $164.9M |
| Operating Income | $61.6M | $65.6M | $150.5M | $159.3M | $179.2M | $164.9M |
| Pre-Tax Income | $79.8M | $99.2M | $253.3M | $153.5M | $267.3M | $576.7M |
| Income Tax | -$696,000 | $0 | $2.6M | -$232.9M | $23.0M | $50.7M |
| Net Income | $80.5M | $99.2M | $250.7M | $386.5M | $244.2M | $178.3M |
| Diluted EPS | $0.14 | -$1.93 | $1.48 | $2.52 | $1.02 | $2.63 |
Kinetik Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $464.0M | $430.4M | $410.0M | $581.4M |
| Net Income | $5.3M | $130.1M | -$1.7M | $49.5M |
| Diluted EPS | $0.03 | $2.08 | -$0.07 | $0.64 |
Kinetik Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.2M | $132.0M | $6.4M | $4.5M | $3.6M | $4.0M |
| Current Assets | $42.8M | $166.6M | $241.9M | $257.3M | $294.8M | $302.0M |
| Total Assets | $1.80B | $1.72B | $5.92B | $6.50B | $6.81B | $7.10B |
| Current Liabilities | $30.0M | $27.2M | $227.8M | $250.1M | $418.6M | $440.5M |
| Total Long-Term Debt | $624.0M | $657.0M | $3.37B | $3.56B | $3.50B | $3.79B |
| Total Liabilities | $862.6M | $819.6M | $3.65B | $3.87B | $3.84B | $4.17B |
| Shareholders' Equity | -$246.5M | -$577.2M | -$839.8M | -$530.8M | -$2.98B | -$565.4M |
Kinetik Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $164.3M | $209.7M | $613.0M | $584.5M | $637.3M | $604.1M |
| Cash From Investing | -$338.4M | $8.8M | -$286.1M | -$686.3M | -$176.9M | -$199.1M |
| Cash From Financing | $192.3M | -$110.7M | -$339.2M | $100.0M | -$461.4M | -$404.7M |
| Free Cash Flow | $134.3M | $205.1M | $406.8M | $271.6M | $373.8M | $111.6M |
Figures from Kinetik'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 Kinetik financials page for every line item.
Kinetik Company Profile
| Ticker | KNTK |
|---|---|
| Exchange | NYSE |
| Industry | Natural Gas Transmission |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001692787 |
Frequently Asked Questions
What was Kinetik's revenue in fiscal 2025?
Kinetik (KNTK) reported revenue of $1.76B for fiscal 2025.
What is Kinetik's annual revenue history?
Kinetik's annual revenue by fiscal year: 2020: $148.4M; 2021: $160.6M; 2022: $1.21B; 2023: $1.26B; 2024: $1.48B; 2025: $1.76B.
What was Kinetik's net income in fiscal 2025?
Kinetik reported net income of $178.3M for fiscal 2025.
What was Kinetik's earnings per share (EPS) in fiscal 2025?
Kinetik's diluted EPS was $2.63 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Kinetik generate in fiscal 2025?
Kinetik generated $111.6M of free cash flow in fiscal 2025.
What was Kinetik's revenue last quarter?
In its most recent reported quarter (2026 Q2), Kinetik reported revenue of $581.4M.
How much debt does Kinetik have?
Kinetik reported $3.79B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Kinetik are outstanding?
Kinetik reported a weighted average of 75.1 million basic shares outstanding in 2026 Q2.
What is Kinetik's market cap?
Based on its latest closing price, Kinetik (KNTK) has a market capitalization of about $4.21B.
When does Kinetik's fiscal year end?
Kinetik's fiscal year end, as registered with the SEC, is December 31.
Where is Kinetik headquartered?
Kinetik lists its business address in Houston, Texas in its SEC filings.