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Knife River narrows FY25 revenue view to $3.1B-$3.15B from $3.1B-$3.3B

Consensus $3.13B. Narrows FY25 adjusted EBITDA view to $475M-$500M from $475M-$525M. “The third quarter is historically our most profitable of the year, and I’m proud of our team for working through some difficulties to deliver record results,” Gray said. “As we look at the full year, we are narrowing our 2025 revenue guidance to a range of $3.1 billion to $3.15 billion, and Adjusted EBITDA guidance to a range of $475 million to $500 million. We are focused on finishing 2025 strong, and we expect the work we are doing to manage costs, optimize prices and grow our business to pay off in 2026 and beyond. We have record backlog and a skilled team that is eager to continue implementing our strategies and delivering for our shareholders.”

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