Filing Flows › Kinetik Holdings (KNTK) › Q3 2026 › vs Q3 2025
Kinetik Holdings (KNTK) Q3 2026 vs Q3 2025 (year over year)
Kinetik Holdings's revenue rose $105M (+23%) from $464M in Q3 2025 to $569M in Q3 2026. The biggest changes: Product and Service +$104M (+22%); Other revenue +$1.9M (+62%). Operating margin 11.2% against 4.3% (+6.9 pts).
Kinetik Holdings, Q3 2026: revenue $569M (+23% year over year), operating margin 11.2%, net earnings $22.1M, operating cash flow $273M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 11.2% | 4.3% | +6.9 pts |
| Net margin | 3.9% | 1.1% | +2.7 pts |
| Free cash flow margin | 24.5% | 6.8% | +17.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Product revenue | $448M | $358M | $90.3M | +25% |
| Service revenue | $117M | $103M | $13.2M | +13% |
| Product and Service | $564M | $461M | $104M | +22% |
| Other revenue | $4.9M | $3.0M | $1.9M | +62% |
| Revenue | $569M | $464M | $105M | +23% |
| Operating profit | $63.7M | $19.8M | $44.0M | +222% |
| Costs & expenses | $506M | $444M | $61.5M | +14% |
| Pre-tax earnings | $56.4M | $16.7M | $39.8M | +239% |
| Other expense, net | $7.3M | $3.1M | $4.2M | +133% |
| Cost of revenue | $300M | $235M | $64.9M | +28% |
| General & admin | $22.4M | $30.1M | −$7.7M | -26% |
| Other operating costs | $183M | $179M | $4.3M | +2% |
| Net earnings | $22.1M | $5.3M | $16.8M | +320% |
| Minority interests | $28.8M | $10.3M | $18.6M | +180% |
| Income tax | $5.5M | $1.1M | $4.4M | +398% |
| Depreciation & amortization | $104M | $95.4M | $8.4M | +9% |
| Share-based compensation | $9.3M | $14.2M | −$4.9M | -35% |
| Working capital & other | $138M | $73.2M | $64.4M | +88% |
| Operating cash flow | $273M | $188M | $84.7M | +45% |
| Free cash flow (OCF − capex) | $139M | $31.6M | $108M | +341% |
| Capital expenditures | $134M | $157M | −$23.0M | -15% |
Questions
How much did Kinetik Holdings's revenue grow year over year in Q3 2026?
Kinetik Holdings's revenue rose $105M (+23%) from $464M in Q3 2025 to $569M in Q3 2026.
What drove Kinetik Holdings's revenue change in Q3 2026?
Product and Service +$104M (+22%); Other revenue +$1.9M (+62%).