Filing Flows › Kimbell Royalty Partners, LP (KRP) › Q2 2025
Kimbell Royalty Partners, LP (KRP) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Kimbell Royalty Partners, LP (KRP) reported revenue of $86.5M for the second quarter 2025 (Q2 2025), +13% from a year earlier and +3% from the quarter before. Operating margin was 43.7%, net earnings $26.4M (30.5% of revenue).
Kimbell Royalty Partners, LP, Q2 2025: revenue $86.5M (+13% year over year), operating margin 43.7%, net earnings $26.4M, operating cash flow $72.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $86.5M | +3% | +13% |
| Operating profit | $37.8M | +13% | +58% |
| Net earnings | $26.4M | +14% | +93% |
| Operating cash flow | $72.3M | +34% | +15% |
| Free cash flow | $72.2M | — | +15% |
What changed
Revenue was $86.5M in Q2 2025, up 13% year over year and up 3% from the previous quarter.
Operating profit was $37.8M, a 43.7% margin (up 12.5 points year over year). Of the extra revenue versus a year earlier, 139% reached operating profit, above the 31% margin then. Total costs fell 7% while revenue rose 13%. Net earnings were $26.4M, up 93% year over year. The effective tax rate was 7.5%.
Operating cash flow was $72.3M (up 15% year over year), 271% of net earnings. Non-cash charges added back $30.5M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $11.1M. Capital expenditures of $133K left free cash flow of $72.2M.
Questions
What was Kimbell Royalty Partners, LP's revenue in the second quarter 2025?
Kimbell Royalty Partners, LP (KRP) reported revenue of $86.5M for the second quarter 2025 (Q2 2025), +13% from a year earlier and +3% from the quarter before.
Was Kimbell Royalty Partners, LP profitable in the second quarter 2025?
Operating profit was $37.8M (43.7% of revenue) and net earnings $26.4M.