Filing Flows › Kinetik Holdings (KNTK) › Q2 2025
Kinetik Holdings (KNTK) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Kinetik Holdings (KNTK) reported revenue of $427M for the second quarter 2025 (Q2 2025), +19% from a year earlier and -4% from the quarter before. Operating margin was 18.2%, net earnings $23.6M (5.5% of revenue).
Kinetik Holdings, Q2 2025: revenue $427M (+19% year over year), operating margin 18.2%, net earnings $23.6M, operating cash flow $129M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $427M | -4% | +19% |
| Operating profit | $77.5M | +302% | +37% |
| Net earnings | $23.6M | +286% | -36% |
| Operating cash flow | $129M | -27% | +3% |
| Free cash flow | $1.8M | -98% | -98% |
What changed
Revenue was $426.7M in Q2 2025, up 19% year over year and down 4% from the previous quarter. Product revenue was the largest line at 73% of revenue. Product revenue added $51.5M year over year (up 20%), 77% of the total change. Other revenue declined 15%.
Operating profit was $77.5M, a 18.2% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 16% margin then. Total costs grew 15% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $23.6M, down 36% year over year. The effective tax rate was 9.0%.
Operating cash flow was $129.1M (up 3% year over year), 173% of net income including minority interests. Non-cash charges added back $93.8M of depreciation and amortization and $9.7M of share-based compensation. Working capital and other items used $48.8M. Capital expenditures of $127.3M left free cash flow of $1.8M.
Questions
What was Kinetik Holdings' revenue in the second quarter 2025?
Kinetik Holdings (KNTK) reported revenue of $427M for the second quarter 2025 (Q2 2025), +19% from a year earlier and -4% from the quarter before.
Was Kinetik Holdings profitable in the second quarter 2025?
Operating profit was $77.5M (18.2% of revenue) and net earnings $23.6M.
Source: Kinetik Holdings 10-Q on SEC EDGAR.