Filing Flows › Kimbell Royalty Partners, LP (KRP) › Q1 2025
Kimbell Royalty Partners, LP (KRP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Kimbell Royalty Partners, LP (KRP) reported revenue of $84.2M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +26% from the quarter before. Operating margin was 39.9%, net earnings $23.1M (27.4% of revenue).
Kimbell Royalty Partners, LP, Q1 2025: revenue $84.2M (+2% year over year), operating margin 39.9%, net earnings $23.1M, operating cash flow $54.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $84.2M | +26% | +2% |
| Operating profit | $33.6M | — | +91% |
| Net earnings | $23.1M | — | +173% |
| Operating cash flow | $54.2M | -4% | -22% |
What changed
Revenue was $84.2M in Q1 2025, up 2% year over year and up 26% from the previous quarter.
Operating profit was $33.6M, a 39.9% margin (up 18.5 points year over year). Of the extra revenue versus a year earlier, 811% reached operating profit, above the 21% margin then. Total costs fell 22% while revenue rose 2%. Net earnings were $23.1M, up 173% year over year. The effective tax rate was 4.0%.
Operating cash flow was $54.2M (down 22% year over year), 209% of net income including minority interests. Non-cash charges added back $31.1M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $6.7M. Capital expenditures of $222.6M exceeded it, leaving free cash flow of −$168.5M.
Questions
What was Kimbell Royalty Partners, LP's revenue in the first quarter 2025?
Kimbell Royalty Partners, LP (KRP) reported revenue of $84.2M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +26% from the quarter before.
Was Kimbell Royalty Partners, LP profitable in the first quarter 2025?
Operating profit was $33.6M (39.9% of revenue) and net earnings $23.1M.