# Kimbell Royalty Partners, LP: overview

KRP · NYSE · CIK 1657788 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

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

Latest reported revenue: [$112.5m](/filings/0001104659-26-092712.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-092712).

## 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 | [83.8](/filings/0001104659-25-107722.md) | [66.7 d](/filings/0001104659-26-020477.md) | [84.2](/filings/0001104659-26-057112.md) | [86.5](/filings/0001104659-26-092712.md) | [80.6](/filings/0001104659-25-107722.md) | [82.5 d](/filings/0001104659-26-020477.md) | [65.5](/filings/0001104659-26-057112.md) | [112](/filings/0001104659-26-092712.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [40.8%](/filings/0001104659-25-107722.md) | [(58.0%) d](/filings/0001104659-26-020477.md) | [39.9%](/filings/0001104659-26-057112.md) | [43.7%](/filings/0001104659-26-092712.md) | [35.8%](/filings/0001104659-25-107722.md) | [39.6% d](/filings/0001104659-26-020477.md) | [24.1%](/filings/0001104659-26-057112.md) | [53.1%](/filings/0001104659-26-092712.md) |
| Net margin | % | [30.8%](/filings/0001104659-25-107722.md) | [(58.8%) d](/filings/0001104659-26-020477.md) | [30.7%](/filings/0001104659-26-092712.md) | [30.8%](/filings/0001104659-26-092712.md) | [27.7%](/filings/0001104659-25-107722.md) | [30.1% d](/filings/0001104659-26-020477.md) | [10.6%](/filings/0001104659-26-092712.md) | [42.1%](/filings/0001104659-26-092712.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL 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:ProfitLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. 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 | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [175](/filings/0001558370-24-015071.md) | [282](/filings/0001558370-24-015071.md) | [268](/filings/0001558370-24-015071.md) | [309](/filings/0001104659-26-020477.md) | [334](/filings/0001104659-26-020477.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [28.2%](/filings/0001558370-24-015071.md) | [48.6%](/filings/0001558370-25-001800.md) | [41.1%](/filings/0001104659-26-020477.md) | [12.0%](/filings/0001104659-26-020477.md) | [39.8%](/filings/0001104659-26-020477.md) |
| Net margin | % | [24.2%](/filings/0001558370-24-015071.md) | [46.4%](/filings/0001558370-25-001800.md) | [31.0%](/filings/0001104659-26-020477.md) | [3.6%](/filings/0001104659-26-020477.md) | [29.9%](/filings/0001104659-26-020477.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL 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:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

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/krp/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 |
| --- | --- | ---: | ---: | --- | --- |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $52.7m | 3,627,850 |  | Added +2,783,040 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $49.2m | 3,384,774 |  | Added +180,936 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $27.6m | 1,897,962 |  | Added +784,487 |
| [RAYMOND JAMES FINANCIAL INC](/funds/720005.md) | 2026-06-30 | $23.2m | 1,598,597 |  | Added +256,727 |
| [ALGERT GLOBAL LLC](/funds/1275218.md) | 2026-06-30 | $20.2m | 1,391,083 |  | Added +141,808 |
| [EnCap Investments L.P.](/funds/1290910.md) | 2026-06-30 | $19.0m | 1,306,178 |  | Reduced −4,126,046 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $15.4m | 1,063,105 |  | Added +243,222 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $14.2m | 977,329 |  | Added +53,371 |
| [NOMURA ASSET MANAGEMENT INTERNATIONAL INC.](/funds/921739.md) | 2026-06-30 | $12.5m | 863,011 |  | Reduced −32,487 |
| [ROYAL BANK OF CANADA](/funds/1000275.md) | 2026-06-30 | $9.4m | 648,027 |  | Added +51,340 |

## Recent filings

[All 659 filings](/companies/krp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-16 | 20:10 ET | [8-K](/filings/0001104659-26-116612.md) | 8.01 Other events | 0001104659-26-116612 |
| 2026-08-27 | 20:30 ET | [SCHEDULE 13D/A](/filings/0001493152-26-040406.md) | Ownership report, active investor, amended | 0001493152-26-040406 |
| 2026-08-24 | 12:11 ET | [8-K](/filings/0001104659-26-099989.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-099989 |
| 2026-08-07 | 20:13 ET | [10-Q](/filings/0001104659-26-092712.md) | Quarterly report, period 2026-06-30 | 0001104659-26-092712 |
| 2026-08-07 | 11:17 ET | [8-K](/filings/0001104659-26-092355.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-092355 |
| 2026-07-17 | 12:17 ET | [8-K](/filings/0001104659-26-084429.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-084429 |
| 2026-06-23 | 13:15 ET | [8-K](/filings/0001104659-26-076665.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-076665 |
| 2026-05-19 | 12:36 ET | [8-K](/filings/0001104659-26-063578.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-063578 |
| 2026-05-07 | 20:07 ET | [10-Q](/filings/0001104659-26-057112.md) | Quarterly report, period 2026-03-31 | 0001104659-26-057112 |
| 2026-05-07 | 11:06 ET | [8-K](/filings/0001104659-26-056652.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-056652 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-020477.md), filed Feb 26, 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/2f0cffcc-5c0c-4661-ac3a-f369f92c561b)

## About the filer

- CIK: 1657788
- Tickers: KRP
- Exchange: NYSE
- SIC code: 1311 Crude Petroleum & Natural Gas
- 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, 15:45 ET. No prices; not investment advice.