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KNOT Offshore Partners Q2 FY26 net income rises 29.84% to USD 3.4 million; revenue increases 5.18% to USD 96.8 million

PUBT·09/03/2026 20:17:41
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KNOT Offshore Partners Q2 FY26 net income rises 29.84% to USD 3.4 million; revenue increases 5.18% to USD 96.8 million
  • KNOT Offshore Partners posted Q2 net income of $3.4 million, up 29.8% from Q1 on revenue of $96.8 million, up 5.2%.
  • Operating income rose 5.9% from Q1 to $15.6 million as general and administrative expenses fell to $1.7 million.
  • Non-GAAP adjusted EBITDA increased 11.6% from Q1 to $57.6 million; available liquidity totaled $143.3 million at June 30.
  • Fleet utilization was 96.8% for scheduled operations, or 92.4% including the Fortaleza Knutsen drydocking; quarterly distribution held at $0.075 per unit.
  • Management said it is fully contracted for the second half of 2026, with 97% coverage for first-half 2027 and 87% for second-half 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KNOT Offshore Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 202609031615BIZWIRE_USPR_____20260903_BW681148) on September 03, 2026, and is solely responsible for the information contained therein.