Filing Flows › Kimbell Royalty Partners, LP (KRP) › Q2 2026
Kimbell Royalty Partners, LP (KRP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Kimbell Royalty Partners, LP (KRP) reported revenue of $112M for the second quarter 2026 (Q2 2026), +30% from a year earlier and +72% from the quarter before. Operating margin was 53.1%, net earnings $41.0M (36.5% of revenue).
Kimbell Royalty Partners, LP, Q2 2026: revenue $112M (+30% year over year), operating margin 53.1%, net earnings $41.0M, operating cash flow $68.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $112M | +72% | +30% |
| Operating profit | $59.7M | +278% | +58% |
| Net earnings | $41.0M | +524% | +56% |
| Operating cash flow | $68.3M | +38% | -6% |
| Free cash flow | $68.2M | +38% | -5% |
What changed
Revenue was $112.5M in Q2 2026, up 30% year over year and up 72% from the previous quarter.
Operating profit was $59.7M, a 53.1% margin (up 9.4 points year over year). Of the extra revenue versus Q2 2025, 84% reached operating profit, above the 44% margin then. Total costs grew 8% against revenue growth of 30%. Net earnings were $41.0M, up 56% year over year. The effective tax rate was 7.8%.
Operating cash flow was $68.3M (down 6% year over year), 144% of net income including minority interests. Non-cash charges added back $30.2M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items used $13.5M. Capital expenditures of $83K left free cash flow of $68.2M.
Questions
What was Kimbell Royalty Partners, LP's revenue in the second quarter 2026?
Kimbell Royalty Partners, LP (KRP) reported revenue of $112M for the second quarter 2026 (Q2 2026), +30% from a year earlier and +72% from the quarter before.
Was Kimbell Royalty Partners, LP profitable in the second quarter 2026?
Operating profit was $59.7M (53.1% of revenue) and net earnings $41.0M.