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KNOT Offshore Partners (KNOP)
NYSE:KNOP
US Market

KNOT Offshore Partners (KNOP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 18, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.36
Last Year’s EPS
0.68
Same Quarter Last Year
Based on 3 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Dec 04, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call reflected a strong financial performance with high utilization rates and successful refinancing efforts. However, there are concerns about the limited execution of the buyback program and uncertainties related to the unsolicited offer from KNOT. Additionally, anticipated dry dockings present operational challenges.
Company Guidance
During the KNOP third quarter 2025 earnings call, several key metrics and developments were highlighted. The partnership reported revenues of $96.9 million, an operating income of $30.6 million, and a net income of $15.1 million, with an adjusted EBITDA of $61.6 million. As of September 30, 2025, KNOP had $125.2 million in available liquidity, comprising $77.2 million in cash and cash equivalents and $48 million in undrawn credit facilities. The fleet operated at 99.9% utilization, accounting for the scheduled drydocking of Tove Knutsen, resulting in an overall utilization rate of 96.5%. Additionally, they declared a cash distribution of $0.026 per common unit, paid in November. The call also covered strategic moves such as acquiring the Daqing Knutsen, implementing a buyback program, and completing two refinancings. Contractually, they extended agreements with Shell and Equinor, and secured a new time charter with KNOT for the Fortaleza Knutsen. The partnership's backlog extended to $963 million of fixed contracts averaging 2.6 years, with robust vessel coverage for 2026 and 2027.
Strong Financial Performance
Revenues for Q3 were $96.9 million, operating income was $30.6 million, and net income was $15.1 million. Adjusted EBITDA was $61.6 million. Available liquidity at the end of Q3 was $125.2 million, which is $20.4 million higher than at June 30.
High Utilization Rates
Operated with 99.9% utilization, accounting for scheduled drydocking, which results in 96.5% overall utilization.
Successful Refinancing and Capital Management
Completed two refinancings, including a $25 million revolving credit facility and sale and leaseback for Tove Knutsen, raising a net $32 million. Additional refinancing in Q4 secured with a $71 million loan for the Synnøve Knutsen.
Extended Contractual Backlog
Secured extensions with Shell and Equinor, contributing to a backlog of $963 million in fixed contracts.
Positive Market Trends
Tightening shuttle tanker market in Brazil and the North Sea due to FPSO start-ups and ramp-ups.

KNOT Offshore Partners (KNOP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

KNOP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 18, 2026
2025 (Q4)
0.36 / -
0.683
Dec 04, 2025
2025 (Q3)
0.24 / 0.45
-0.111501.80% (+0.56)
Sep 26, 2025
2025 (Q2)
0.17 / 0.20
-0.377153.05% (+0.58)
May 21, 2025
2025 (Q1)
0.14 / 0.22
0.2182.29% (<+0.01)
Mar 19, 2025
2024 (Q4)
0.03 / 0.68
-0.155540.65% (+0.84)
Dec 04, 2024
2024 (Q3)
-0.02 / -0.11
0.371-129.92% (-0.48)
Sep 03, 2024
2024 (Q2)
-0.07 / -0.38
-1.18668.21% (+0.81)
May 22, 2024
2024 (Q1)
-0.07 / 0.22
-0.038673.68% (+0.26)
Feb 26, 2024
2023 (Q4)
0.06 / -0.15
1.162-113.34% (-1.32)
Dec 13, 2023
2023 (Q3)
-0.11 / 0.37
0.471-21.23% (-0.10)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

KNOP Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Dec 04, 2025
$10.10$10.72+6.14%
Sep 26, 2025
$9.41$9.04-3.93%
May 21, 2025
$6.47$6.44-0.46%
Mar 19, 2025
$5.57$6.25+12.21%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does KNOT Offshore Partners (KNOP) report earnings?
KNOT Offshore Partners (KNOP) is schdueled to report earning on Mar 18, 2026, Before Open (Confirmed).
    What is KNOT Offshore Partners (KNOP) earnings time?
    KNOT Offshore Partners (KNOP) earnings time is at Mar 18, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is KNOP EPS forecast?
          KNOP EPS forecast for the fiscal quarter 2025 (Q4) is 0.36.