Filing Flows › Kimbell Royalty Partners, LP (KRP) › Q3 2025
Kimbell Royalty Partners, LP (KRP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Kimbell Royalty Partners, LP (KRP) reported revenue of $80.6M for the third quarter 2025 (Q3 2025), -4% from a year earlier and -7% from the quarter before. Operating margin was 35.8%, net earnings $19.7M (24.4% of revenue).
Kimbell Royalty Partners, LP, Q3 2025: revenue $80.6M (-4% year over year), operating margin 35.8%, net earnings $19.7M, operating cash flow $62.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.6M | -7% | -4% |
| Operating profit | $28.8M | -24% | -16% |
| Net earnings | $19.7M | -25% | -13% |
| Operating cash flow | $62.8M | -13% | +0.6% |
| Free cash flow | $62.8M | -13% | +0.5% |
What changed
Revenue was $80.6M in Q3 2025, down 4% year over year and down 7% from the previous quarter.
Operating profit was $28.8M, a 35.8% margin (down 5.0 points year over year). Total costs grew 4% against a revenue fall of 4%. Net earnings were $19.7M, down 13% year over year. The effective tax rate was -17.1%.
Operating cash flow was $62.8M (up 1% year over year), 281% of net income including minority interests. Non-cash charges added back $31.0M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items added $5.2M. Capital expenditures of $7K left free cash flow of $62.8M.
Questions
What was Kimbell Royalty Partners, LP's revenue in the third quarter 2025?
Kimbell Royalty Partners, LP (KRP) reported revenue of $80.6M for the third quarter 2025 (Q3 2025), -4% from a year earlier and -7% from the quarter before.
Was Kimbell Royalty Partners, LP profitable in the third quarter 2025?
Operating profit was $28.8M (35.8% of revenue) and net earnings $19.7M.