Filing Flows › Kinetik Holdings (KNTK) › Q2 2026 › vs Q1 2026
Kinetik Holdings (KNTK) Q2 2026 vs Q1 2026 (quarter over quarter)
Kinetik Holdings's revenue rose $171M (+42%) from $410M in Q1 2026 to $581M in Q2 2026. Operating margin 23.0% against -0.9% (+24.0 pts).
Kinetik Holdings, Q2 2026: revenue $581M (+36% year over year), operating margin 23.0%, net earnings $49.5M, operating cash flow $161M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 23.0% | -0.9% | +24.0 pts |
| Net margin | 8.5% | -0.4% | +8.9 pts |
| Free cash flow margin | 8.9% | 23.8% | -14.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $581M | $410M | $171M | +42% |
| Other income, net | $3.6M | −$2.1M | $5.6M | — |
| Operating profit | $134M | −$3.8M | $138M | — |
| Costs & expenses | $447M | $414M | $33.6M | +8% |
| Pre-tax earnings | $138M | −$5.9M | $143M | — |
| Cost of revenue | $238M | $189M | $48.9M | +26% |
| General & admin | $26.3M | $44.2M | −$17.9M | -41% |
| Other operating costs | $184M | $181M | $2.7M | +2% |
| Net earnings | $49.5M | −$1.7M | $51.2M | — |
| Minority interests | $73.6M | −$3.5M | $77.0M | — |
| Income tax | $14.4M | −$778K | $15.2M | — |
| Depreciation & amortization | $103M | $102M | $1.5M | +1% |
| Share-based compensation | $9.1M | $20.7M | −$11.6M | -56% |
| Working capital & other | $881K | −$59.6M | $60.5M | — |
| Operating cash flow | $161M | $180M | −$19.3M | -11% |
| Free cash flow (OCF − capex) | $51.9M | $97.4M | −$45.5M | -47% |
| Capital expenditures | $109M | $83.0M | $26.2M | +32% |
Questions
How much did Kinetik Holdings's revenue grow quarter over quarter in Q2 2026?
Kinetik Holdings's revenue rose $171M (+42%) from $410M in Q1 2026 to $581M in Q2 2026. Operating margin 23.0% against -0.9% (+24.0 pts).