Filing Flows › Kimbell Royalty Partners, LP (KRP) › Q3 2026
Kimbell Royalty Partners, LP (KRP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Kimbell Royalty Partners, LP (KRP) reported revenue of $86.3M for the third quarter 2026 (Q3 2026), +7% from a year earlier and -23% from the quarter before. Operating margin was 36.3%, net earnings $15.1M (17.4% of revenue).
Kimbell Royalty Partners, LP, Q3 2026: revenue $86.3M (+7% year over year), operating margin 36.3%, net earnings $15.1M, operating cash flow $58.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $86.3M | -23% | +7% |
| Operating profit | $31.3M | -48% | +9% |
| Net earnings | $15.1M | -63% | -24% |
| Operating cash flow | $58.1M | -15% | -7% |
What changed
Revenue was $86.3M in Q3 2026, up 7% year over year and down 23% from the previous quarter.
Operating profit was $31.3M, a 36.3% margin (up 0.5 points year over year). Of the extra revenue versus Q3 2025, 43% reached operating profit, above the 36% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $15.1M, down 24% year over year. The effective tax rate was 20.3%.
Operating cash flow was $58.1M (down 7% year over year), 337% of net income including minority interests. Non-cash charges added back $32.9M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items added $3.6M. Capital expenditures of $69.7M exceeded it, leaving free cash flow of −$11.6M.
Questions
What was Kimbell Royalty Partners, LP's revenue in the third quarter 2026?
Kimbell Royalty Partners, LP (KRP) reported revenue of $86.3M for the third quarter 2026 (Q3 2026), +7% from a year earlier and -23% from the quarter before.
Was Kimbell Royalty Partners, LP profitable in the third quarter 2026?
Operating profit was $31.3M (36.3% of revenue) and net earnings $15.1M.