Kinetik Holdings Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.76B | $1.48B | $1.26B | $1.21B | $160.6M | $148.4M | $135.8M | $76.8M |
| Cost of Revenue | $785.9M | $620.6M | $515.7M | $541.5M | $233.6M | $65.1M | $55.9M | $53.9M |
| Gross Profit | $978.4M | $862.3M | $740.7M | $672.0M | $-73.0M | $83.4M | $79.9M | $22.8M |
| Gross Margin | 55.5% | 58.1% | 59.0% | 55.4% | -45.5% | 56.2% | 58.9% | 29.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $130.6M | $134.2M | $97.9M | $94.3M | $28.6M | $22.9M | $10.3M | $7.4M |
| Operating Income | $164.9M | $179.2M | $159.3M | $150.5M | $53.5M | $-1.02B | $-1.29B | $-12.2M |
| Operating Margin | 9.3% | 12.1% | 12.7% | 12.4% | 33.3% | -687.6% | -946.8% | -15.9% |
| Interest Expense | $240.0M | $218.1M | $217.9M | $142.4M | $104.9M | $139.7M | $6.4M | $8.4M |
| Pretax Income | $576.7M | $267.3M | $153.5M | $253.3M | $3.3M | $-1.15B | $-1.26B | $-10.7M |
| Income Tax Expense | $50.7M | $23.0M | $-232.9M | $2.6M | $1.9M | $968.0K | $64.9M | $-10.5M |
| Net Income | $178.3M | $80.0M | $289.4M | $250.7M | $1.5M | $-1.16B | $-1.33B | $-239.0K |
| Net Margin | 10.1% | 5.4% | 23.0% | 20.7% | 0.9% | -778.8% | -977.7% | -0.3% |
| EPS (Basic) | $2.66 | $1.03 | $5.25 | $0.37 | $0.00 | $0.00 | $-23.93 | $-0.13 |
| EPS (Diluted) | $2.63 | $1.02 | $2.52 | $0.37 | $0.00 | $0.00 | $-23.93 | $-0.13 |
| Shares Outstanding (Basic) | 62.0M | 59.3M | 51.8M | 166.5M | 0 | 0 | 15.0M | 34.6M |
| Shares Outstanding (Diluted) | 62.7M | 60.1M | 146.2M | 166.7M | 0 | 0 | 15.0M | 34.6M |
| Dividends Per Share | — | — | — | — | $0.38 | $0.38 | — | — |