Knot Offshore Partners LP income statement
In fiscal 2025, Knot Offshore Partners LP reported revenue of $364m, up 14.4% on the year before, operating income of $84.6m (a 23.2% margin) and net income of $23.3m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 66 | 73 | 113 | 155 | 174 | 219 | 279 | 283 | 279 | 281 | 269 | 291 | 319 | 364 |
| General and administrative | 1 | 5 | 5 | 4 | 4 | 4 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 7 |
| Operating income | 13 | 27 | 30 | 50 | 68 | 82 | 95 | 129 | 128 | 123 | 74 | 66 | 25 | 73 | 85 |
| Interest expense | 10 | 13 | 11 | 15 | 17 | 21 | 31 | 50 | 51 | 32 | 28 | 43 | 72 | 67 | 62 |
| Income before tax | −18 | 2 | 18 | 27 | 40 | 61 | 68 | 82 | 59 | 65 | 54 | 60 | −39 | 15 | 24 |
| Income tax | −1 | 1 | 3 | 0 | −0 | −0 | −0 | −0 | 0 | 0 | 0 | 1 | −5 | 1 | 1 |
| Net income | −16 | 1 | 15 | −13 | 40 | 61 | 68 | 82 | 59 | 65 | 54 | 59 | −34 | 14 | 23 |
| EBITDA | 30 | 48 | 54 | 85 | 117 | 138 | 167 | 217 | 218 | 213 | 173 | 174 | 136 | 185 | 204 |
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