Security
Knife River Corporation · KNF
KNFNYSECommon stockCurrentCIK 1955520Updated Nov 5, 2026
Name history
Knife River Holding Co · through Jun 1, 2023
KNF price & chart
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Seeking Alpha
Knife River Corporation (KNF) Q3 2026 Earnings Call Transcript ↗
Knife River misses top-line and bottom-line estimates; updates FY26 outlook ↗
SEC disclosures
Knife River Corp files 8-K: Material Event ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
SCHEDULE 13G/A - filed by PRICE T ROWE ASSOCIATES INC /MD/ regarding Knife River Corp
4 filing
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 3,703,317,000Source | 2,884,117,000Source | 4,177,823,000Source | 3,631,463,000Source | 2,682,862,000Source | 3,817,863,000Source | 3,280,707,000Source | 2,513,643,000Source | 3,650,113,000Source | 2,851,202,000Source | 2,599,813,000Source | 2,294,319,000Source |
| Property, Plant and Equipment, NetUSD | 1,961,437,000Source | 1,346,160,000Source | 2,176,739,000Source | 1,924,220,000Source | 1,355,381,000Source | 2,158,337,000Source | 1,743,513,000Source | 1,320,612,000Source | 2,028,933,000Source | 1,441,700,000Source | 1,315,047,000Source | 1,315,213,000Source |
| GoodwillUSD | 469,381,000Source | 275,256,000Source | 583,996,000Source | 464,133,000Source | 275,213,000Source | 573,093,000Source | 449,554,000Source | 274,478,000Source | 519,668,000Source | 297,225,000Source | 274,478,000Source | 274,540,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 33,418,000Source | 9,854,000Source | 33,671,000Source | 38,147,000Source | 10,144,000Source | 38,144,000Source | 41,967,000Source | 10,277,000Source | 32,680,000Source | 29,414,000Source | 10,821,000Source | 13,430,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 30,695,000Source | 220,368,000Source | 40,687,000Source | 26,614,000Source | 15,468,000Source | 13,346,000Source | 86,118,000Source | 128,359,000Source | 73,821,000Source | 236,799,000Source | 219,300,000Source | — |
| Inventory, NetUSD | 436,535,000Source | 347,300,000Source | 507,325,000Source | 479,521,000Source | 385,378,000Source | 480,531,000Source | 467,051,000Source | 375,783,000Source | 435,714,000Source | 380,336,000Source | 319,623,000Source | 323,277,000Source |
| Assets, CurrentUSD | 1,135,311,000Source | 1,159,635,000Source | 1,271,667,000Source | 1,103,280,000Source | 949,687,000Source | 942,311,000Source | 946,704,000Source | 817,759,000Source | 960,922,000Source | 987,668,000Source | 913,543,000Source | 608,567,000Source |
| Operating Lease, Right-of-Use AssetUSD | 49,950,000Source | 47,430,000Source | 51,339,000Source | 49,114,000Source | 47,818,000Source | 49,645,000Source | 46,516,000Source | 45,832,000Source | 52,589,000Source | 49,378,000Source | 44,706,000Source | 45,873,000Source |
| Other Assets, NoncurrentUSD | 53,820,000Source | 45,782,000Source | 60,411,000Source | 52,569,000Source | 44,619,000Source | 56,333,000Source | 52,453,000Source | 44,685,000Source | 55,321,000Source | 45,817,000Source | 41,218,000Source | 36,696,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 2,096,121,000Source | 1,435,187,000Source | 2,571,935,000Source | 2,170,346,000Source | 1,384,156,000Source | 2,258,538,000Source | 1,873,123,000Source | 1,295,016,000Source | 2,009,173,000Source | 1,375,117,000Source | 1,333,801,000Source | 1,265,730,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 571,000Source | 570,000Source | 572,000Source | 571,000Source | 570,000Source | 572,000Source | 571,000Source | 570,000Source | 571,000Source | 570,000Source | 570,000Source | 800,000Source |
| Retained Earnings (Accumulated Deficit)USD | 992,590,000Source | 844,273,000Source | 989,327,000Source | 849,439,000Source | 696,169,000Source | 945,444,000Source | 798,836,000Source | 618,245,000Source | 1,024,620,000Source | 867,546,000Source | 665,874,000Source | 494,661,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -9,112,000Source | -11,086,000Source | -10,008,000Source | -9,175,000Source | -11,164,000Source | -10,135,000Source | -9,239,000Source | -11,241,000Source | -10,262,000Source | -9,302,000Source | -11,319,000Source | -12,352,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,607,196,000Source | 1,448,930,000Source | 1,605,888,000Source | 1,461,117,000Source | 1,298,706,000Source | 1,559,325,000Source | 1,407,584,000Source | 1,218,627,000Source | 1,640,940,000Source | 1,476,085,000Source | 1,266,012,000Source | 1,028,589,000Source |
| Additional Paid in Capital, Common StockUSD | 626,773,000Source | 618,799,000Source | 629,623,000Source | 623,908,000Source | 616,757,000Source | 627,070,000Source | 621,042,000Source | 614,679,000Source | 629,637,000Source | 620,897,000Source | 614,513,000Source | 549,106,000Source |
| Liabilities and EquityUSD | 3,703,317,000Source | 2,884,117,000Source | 4,177,823,000Source | 3,631,463,000Source | 2,682,862,000Source | 3,817,863,000Source | 3,280,707,000Source | 2,513,643,000Source | 3,650,113,000Source | 2,851,202,000Source | 2,599,813,000Source | 2,294,319,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 474,444,000Source | 426,103,000Source | 477,235,000Source | 397,206,000Source | 378,309,000Source | 352,288,000Source | 322,066,000Source | 297,230,000Source | 377,989,000Source | 370,037,000Source | 347,271,000Source | 516,890,000Source |
| Operating Lease, Liability, CurrentUSD | 14,749,000Source | 13,544,000Source | 16,535,000Source | 14,306,000Source | 13,615,000Source | 15,632,000Source | 13,398,000Source | 13,282,000Source | 15,942,000Source | 14,844,000Source | 12,948,000Source | 13,210,000Source |
| Accounts Payable, CurrentUSD | 211,157,000Source | 180,572,000Source | 227,943,000Source | 172,204,000Source | 164,188,000Source | 131,353,000Source | 111,962,000Source | 97,379,000Source | 145,581,000Source | 140,834,000Source | 107,656,000Source | 87,370,000Source |
| Operating Lease, Liability, NoncurrentUSD | 35,201,000Source | 33,886,000Source | 34,804,000Source | 34,807,000Source | 34,203,000Source | 34,013,000Source | 33,118,000Source | 32,551,000Source | 36,647,000Source | 34,534,000Source | 31,758,000Source | 32,663,000Source |
| Deferred Income Tax Liabilities, NetUSD | 264,192,000Source | 187,915,000Source | 296,466,000Source | 257,472,000Source | 179,197,000Source | 292,273,000Source | 221,588,000Source | 174,122,000Source | 287,917,000Source | 174,727,000Source | 174,542,000Source | 175,804,000Source |
| Other Liabilities, NoncurrentUSD | 146,316,000Source | 117,611,000Source | 163,345,000Source | 139,687,000Source | 119,981,000Source | 158,344,000Source | 135,966,000Source | 117,574,000Source | 152,790,000Source | 128,908,000Source | 105,653,000Source | 93,497,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 287,917,000Source | 174,727,000Source | 174,542,000Source | 175,804,000Source |
| Long-term Debt, Current MaturitiesUSD | 11,780,000Source | 8,791,000Source | 17,221,000Source | 11,780,000Source | 7,072,000Source | 11,708,000Source | 11,780,000Source | 7,072,000Source | 11,708,000Source | 10,475,000Source | 7,082,000Source | 211,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,175,968,000Source | 669,672,000Source | 1,600,085,000Source | 1,341,174,000Source | 672,466,000Source | 1,421,620,000Source | 1,160,385,000Source | 673,539,000Source | 1,153,830,000Source | 666,911,000Source | 674,577,000Source | 427,000Source |
| Long-term Debt | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 53,473,000Source | 34,796,000Source | 56,357,000Source | 50,204,000Source | 52,150,000Source | 38,762,000Source | 193,740,000Source | 136,871,000Source | 123,805,000Source | 117,798,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 2,859,000Source | 2,799,000Source | 11,394,000Source | 7,826,000Source | 2,888,000Source | 1,272,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 41,095,000Source | 50,360,000Source | 13,444,000Source | 44,303,000Source | -3,654,000Source | 31,033,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -4,211,000Source | 437,000Source | 25,491,000Source | -350,000Source | -1,606,000Source | 2,078,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -58,550,000Source | -125,277,000Source | 278,475,000Source | 322,324,000Source | 335,726,000Source | 207,444,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | 174,228,000Source | 443,439,000Source | 609,994,000Source | 130,981,000Source | 0Source | -1,745,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -251,055,000Source | -503,633,000Source | -913,660,000Source | -294,801,000Source | -117,889,000Source | -155,878,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 5,425,000Source | 2,653,000Source | 2,653,000Source | 1,673,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 261,645,000Source | 486,258,000Source | 477,469,000Source | -8,709,000Source | 34,393,000Source | -55,324,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 2,930,000Source | 19,000Source | 8,808,000Source | 7,036,000Source | 3,653,000Source | 298,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 81,097,000Source | 267,442,000Source | 102,028,000Source | 77,668,000Source | 75,458,000Source | 138,482,000Source | 123,418,000Source | 281,134,000Source | 262,320,000Source | 10,090,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 10,985,000Source | 4,731,000Source | 78,780,000Source | 56,916,000Source | 54,925,000Source | 28,148,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 41,000Source | 2,883,000Source | 41,765,000Source | 62,181,000Source | 76,689,000Source | 21,186,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 2,700,000Source | 1,200,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 979,000Source | 787,000Source | 3,724,000Source | 2,762,000Source | 3,115,000Source | 483,000Source |
| Amortization of Intangible AssetsUSD | — | — | 4,700,000Source | 522,000Source | 3,300,000Source | 5,000,000Source | 3,100,000Source | 1,100,000Source | 14,800,000Source | 2,500,000Source | 2,600,000Source | 2,800,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | — | — | — | — | — | — | — | — | 3,465,000Source | 2,209,000Source | 1,957,000Source | 1,415,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 175,500,000Source | 132,200,000Source | 119,200,000Source | 113,600,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | — | — | — | 1,981,000Source | 2,410,000Source | 21,777,000Source | 9,215,000Source | 27,000Source | 14,092,000Source |
| GoodwillUSD | — | — | 469,381,000Source | 275,256,000Source | 583,996,000Source | 464,133,000Source | 573,093,000Source | 449,554,000Source | 519,668,000Source | 297,225,000Source | 274,478,000Source | 274,540,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | 55,000Source | -426,000Source |
| Income Tax Expense (Benefit)USD | — | — | 50,245,000Source | 49,584,000Source | 15,961,000Source | 17,345,000Source | -28,430,000Source | -24,639,000Source | 56,136,000Source | 69,316,000Source | 62,436,000Source | 42,601,000Source |
| InterestExpenseNonoperatingUSD | — | — | 23,003,000Source | 13,936,000Source | 24,563,000Source | 22,335,000Source | 20,741,000Source | 15,263,000Source | 81,936,000Source | 55,242,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 143,151,000Source | 148,104,000Source | 43,883,000Source | 50,603,000Source | -79,176,000Source | -68,710,000Source | 157,074,000Source | 201,678,000Source | 182,872,000Source | 116,220,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 1,194,000Source | 2,487,000Source | 3,293,000Source | 2,207,000Source | -632,000Source | 4,567,000Source | 9,272,000Source | 10,042,000Source | 7,007,000Source | -5,353,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | 270,000,000Source | 500,000,000Source | 500,000,000Source | 0Source | 700,000,000Source | 0Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | -760,000Source | -692,000Source | 2,939,000Source | 2,918,000Source | 2,202,000Source | -2,525,000Source |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | — | — | — | — | — | — | 3,146,012,000Source | 2,899,005,000Source | 2,830,350,000Source | 2,534,729,000Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Selling, General and Administrative ExpenseUSD | — | — | 69,129,000Source | 63,874,000Source | 81,654,000Source | 69,170,000Source | 83,461,000Source | 73,058,000Source | 291,455,000Source | 253,635,000Source | 242,538,000Source | 166,599,000Source |
| Operating Income (Loss)USD | — | — | 215,205,000Source | 209,137,000Source | 81,114,000Source | 88,076,000Source | -86,233,000Source | -82,653,000Source | 285,874,000Source | 316,194,000Source | 296,397,000Source | 194,295,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 1,194,000Source | 2,487,000Source | 3,293,000Source | 2,207,000Source | -632,000Source | 4,567,000Source | 9,272,000Source | 10,042,000Source | 7,007,000Source | -5,353,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 193,396,000Source | 197,688,000Source | 59,844,000Source | 67,948,000Source | -107,606,000Source | -93,349,000Source | 213,210,000Source | 270,994,000Source | 245,308,000Source | 158,821,000Source |
| Income Tax Expense (Benefit)USD | — | — | 50,245,000Source | 49,584,000Source | 15,961,000Source | 17,345,000Source | -28,430,000Source | -24,639,000Source | 56,136,000Source | 69,316,000Source | 62,436,000Source | 42,601,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 143,151,000Source | 148,104,000Source | 43,883,000Source | 50,603,000Source | -79,176,000Source | -68,710,000Source | 157,074,000Source | 201,678,000Source | 182,872,000Source | 116,220,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 2.53Source | 2.62Source | 0.77Source | 0.89Source | -1.4Source | -1.21Source | 2.77Source | 3.56Source | 3.23Source | 2.05Source |
| Earnings Per Share, DilutedUSD per share | — | — | 2.52Source | 2.6Source | 0.77Source | 0.89Source | -1.4Source | -1.21Source | 2.76Source | 3.55Source | 3.23Source | 2.05Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 56,664,000Source | 56,613,000Source | 56,758,000Source | 56,657,000Source | 56,710,000Source | 56,626,000Source | 56,653,000Source | 56,607,000Source | 56,568,000Source | 56,566,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 56,884,000Source | 56,871,000Source | 56,878,000Source | 56,912,000Source | 56,710,000Source | 56,626,000Source | 56,895,000Source | 56,844,000Source | 56,668,000Source | 56,566,000Source |
| Interest Expense (non-operating)USD | — | — | 23,003,000Source | 13,936,000Source | 24,563,000Source | 22,335,000Source | 20,741,000Source | 15,263,000Source | 81,936,000Source | 55,242,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 4,700,000Source | 522,000Source | 3,300,000Source | 5,000,000Source | 3,100,000Source | 1,100,000Source | 14,800,000Source | 2,500,000Source | 2,600,000Source | 2,800,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 1,100,000Source | — | 1,500,000Source | 1,600,000Source | 2,000,000Source | 5,300,000Source | 10,800,000Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 30,645,000Source | 69,666,000Source | 64,042,000Source | 40,523,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | — | — | 284,334,000Source | 273,011,000Source | 162,768,000Source | 157,246,000Source | -2,772,000Source | -9,595,000Source | 577,329,000Source | 569,829,000Source | 538,935,000Source | 360,894,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | 193,396,000Source | 197,688,000Source | — | 67,948,000Source | — | -93,349,000Source | — | — | 245,308,000Source | 158,821,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | 55,000Source | -426,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 58,096,000Source | 30,121,000Source |
| Interest Income (Expense), NetUSD | — | — | — | — | — | — | — | — | — | — | 52,891,000Source | 30,121,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | -22,369,000Source | -12,113,000Source | -24,014,000Source | -21,546,000Source | -20,066,000Source | -13,123,000Source | -77,366,000Source | -46,409,000Source | — | — |
| Total Revenue | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | — | — | — | —Source | — | — | — | — |