# Knife River Corp: overview

KNF · NYSE · CIK 1955520 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/knf.md) · [Financials](/companies/knf/financials.md) · [Filings](/companies/knf/filings.md) · [Insiders](/companies/knf/insiders.md)

Latest reported revenue: [$938.6m](/filings/0001628280-26-052748.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-052748).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,105](/filings/0001955520-25-000069.md) | [657 d](/filings/0001955520-26-000003.md) | [353](/filings/0001628280-26-030688.md) | [834](/filings/0001628280-26-052748.md) | [1,204](/filings/0001955520-25-000069.md) | [755 d](/filings/0001955520-26-000003.md) | [410](/filings/0001628280-26-030688.md) | [939](/filings/0001628280-26-052748.md) |
| Gross margin | % | [24.7%](/filings/0001955520-25-000069.md) | [17.4% d](/filings/0001955520-26-000003.md) | [(2.7%)](/filings/0001628280-26-030688.md) | [18.9%](/filings/0001628280-26-052748.md) | [23.6%](/filings/0001955520-25-000069.md) | [19.2% d](/filings/0001955520-26-000003.md) | [(0.7%)](/filings/0001628280-26-030688.md) | [17.3%](/filings/0001628280-26-052748.md) |
| Operating margin | % | [18.9%](/filings/0001955520-25-000069.md) | [6.7% d](/filings/0001955520-26-000003.md) | [(23.4%)](/filings/0001628280-26-030688.md) | [10.6%](/filings/0001628280-26-052748.md) | [17.9%](/filings/0001955520-25-000069.md) | [8.6% d](/filings/0001955520-26-000003.md) | [(21.0%)](/filings/0001628280-26-030688.md) | [8.6%](/filings/0001628280-26-052748.md) |
| Net margin | % | [13.4%](/filings/0001955520-25-000069.md) | [3.5% d](/filings/0001955520-26-000003.md) | [(19.4%)](/filings/0001628280-26-052748.md) | [6.1%](/filings/0001628280-26-052748.md) | [11.9%](/filings/0001955520-25-000069.md) | [4.2% d](/filings/0001955520-26-000003.md) | [(19.3%)](/filings/0001628280-26-052748.md) | [4.7%](/filings/0001628280-26-052748.md) |
| Diluted EPS | $ per share | [2.60](/filings/0001955520-25-000069.md) | not reported | [(1.21)](/filings/0001628280-26-030688.md) | [0.89](/filings/0001628280-26-052748.md) | [2.52](/filings/0001955520-25-000069.md) | not reported | [(1.40)](/filings/0001628280-26-030688.md) | [0.77](/filings/0001628280-26-052748.md) |
| Free cash flow | $m | [216 d](/filings/0001955520-25-000069.md) | [127 d](/filings/0001955520-26-000003.md) | [(200)](/filings/0001628280-26-030688.md) | [(196) d](/filings/0001628280-26-052748.md) | [189 d](/filings/0001955520-25-000069.md) | [138 d](/filings/0001955520-26-000003.md) | [(136)](/filings/0001628280-26-030688.md) | [(148) d](/filings/0001628280-26-052748.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2021-12-31) | FY (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,229](/filings/0001955520-24-000007.md) | [2,535](/filings/0001955520-24-000007.md) | [2,830](/filings/0001955520-24-000007.md) | [2,899](/filings/0001955520-26-000003.md) | [3,146](/filings/0001955520-26-000003.md) |
| Gross margin | % | [15.6%](/filings/0001955520-24-000007.md) | [14.2%](/filings/0001955520-25-000010.md) | [19.0%](/filings/0001955520-26-000003.md) | [19.7%](/filings/0001955520-26-000003.md) | [18.4%](/filings/0001955520-26-000003.md) |
| Operating margin | % | [8.6%](/filings/0001955520-24-000007.md) | [7.7%](/filings/0001955520-25-000010.md) | [10.5%](/filings/0001955520-26-000003.md) | [10.9%](/filings/0001955520-26-000003.md) | [9.1%](/filings/0001955520-26-000003.md) |
| Net margin | % | [5.8%](/filings/0001955520-24-000007.md) | [4.6%](/filings/0001955520-25-000010.md) | [6.5%](/filings/0001955520-26-000003.md) | [7.0%](/filings/0001955520-26-000003.md) | [5.0%](/filings/0001955520-26-000003.md) |
| Diluted EPS | $ per share | [2.29](/filings/0001955520-24-000007.md) | [2.05](/filings/0001955520-25-000010.md) | [3.23](/filings/0001955520-26-000003.md) | [3.55](/filings/0001955520-26-000003.md) | [2.76](/filings/0001955520-26-000003.md) |
| Free cash flow | $m | [7.0](/filings/0001955520-24-000007.md) | [29.3](/filings/0001955520-25-000010.md) | [211](/filings/0001955520-26-000003.md) | [150](/filings/0001955520-26-000003.md) | [(69.6)](/filings/0001955520-26-000003.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/knf/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $609.8m | 7,290,232 |  | Added +318,399 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $271.4m | 3,244,201 |  | Added +600,717 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $235.5m | 2,815,143 |  | Added +73,057 |
| [BAILLIE GIFFORD & CO](/funds/1088875.md) | 2026-06-30 | $229.1m | 2,739,232 |  | Added +70,984 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $214.3m | 2,562,120 |  | Added +16,230 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $180.3m | 2,154,853 |  | Added +97,684 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $149.8m | 1,790,209 |  | Added +325,519 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $127.4m | 1,523,250 |  | Added +91,528 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $124.4m | 1,486,688 |  | Reduced −854,709 |
| [NEUBERGER BERMAN GROUP LLC](/funds/1465109.md) | 2026-06-30 | $118.2m | 1,412,674 |  | Added +279,610 |

## Recent filings

[All 186 filings](/companies/knf/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-23 | 12:03 ET | [8-K](/filings/0001628280-26-063145.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-063145 |
| 2026-08-04 | 21:28 ET | [10-Q](/filings/0001628280-26-052748.md) | Quarterly report, period 2026-06-30 | 0001628280-26-052748 |
| 2026-08-04 | 12:40 ET | [8-K](/filings/0001628280-26-052184.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-052184 |
| 2026-05-21 | 20:37 ET | [8-K](/filings/0001628280-26-037338.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001628280-26-037338 |
| 2026-05-18 | 20:45 ET | [8-K](/filings/0001628280-26-036006.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001628280-26-036006 |
| 2026-05-05 | 20:48 ET | [10-Q](/filings/0001628280-26-030688.md) | Quarterly report, period 2026-03-31 | 0001628280-26-030688 |
| 2026-05-05 | 11:52 ET | [8-K](/filings/0001628280-26-030137.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-030137 |
| 2026-04-06 | 11:59 ET | [DEF 14A](/filings/0001628280-26-023783.md) | Proxy statement, period 2026-05-20 | 0001628280-26-023783 |
| 2026-02-20 | 13:00 ET | [10-K](/filings/0001955520-26-000003.md) | Annual report, period 2025-12-31 | 0001955520-26-000003 |
| 2026-02-17 | 12:05 ET | [8-K](/filings/0001628280-26-008306.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-008306 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001955520-26-000003.md), filed Feb 20, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/c28ade3d-b841-498d-bbf8-c2ed71036533)

## About the filer

- CIK: 1955520
- Tickers: KNF
- Exchange: NYSE
- SIC code: 1400 Mining & Quarrying of  Nonmetallic Minerals (No Fuels)
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.