KNOP on NYSE

KNOT Offshore Partners LP

KNOT Offshore Partners LP is a water transportation company, listed on NYSE (KNOP).1

Price unavailable

Last updated Oct 20, 2026.

Overview

$364.4MRevenue, fiscal 20252
$23.3MNet income, fiscal 20252

Compare with Flex LNG Ltd., Golar LNG or NORDIC AMERICAN TANKERS Ltd, or pick any stock.

  • TickerKNOP on NYSE1
  • IndustryWater Transportation1
  • Headquarters1T1
  • Incorporated inMarshall Islands3
  • Business address2 Queen'S Cross, Aberdeen, Ab15 4Yb3
  • Filer categoryAccelerated filer3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

23.2%Operating margin2
6.4%Net margin2
14.4%Revenue growth, 20252

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Time Charter Revenues brought in 99% of the revenue KNOT Offshore Partners LP broke down this way in fiscal 2025.

  1. Time Charter Revenues$359.1M299%up 19% from 2024
  2. Bareboat Revenues$2.1M21%down 57% from 2024
  3. Voyage Revenues$466.0K20%down 87% from 2024
Products and services by year
Products and services202320242025
Time Charter Revenues$246.7M$302.1M$359.1M
Bareboat Revenues$30.4M$4.9M$2.1M
Voyage Revenues$8.8M$3.6M$466.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs76¢$278.0M
  • Interest17¢$62.0M
  • Income tax0¢$1.2M
  • Profit6¢$23.3M

Out of $364.4M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Share buybacks2¢$3.0M
  • Kept or used elsewhere98¢$152.7M

Out of $155.7M of cash from operations.2

Financial statements

Revenue4562$364.4M in 2025+31% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $278.2M$278.2M20182019: $282.5M$282.5M2019+2%2020: $278.6M$278.6M2020−1%2021: $269.3M$269.3M2021−3%2022: $268.6M$268.6M2022−0%2023: $290.7M$290.7M2023+8%2024: $318.6M$318.6M2024+10%2025: $364.4M$364.4M2025+14%
Operating income457862$84.6M in 2025−34% since 2018
0$50.0M$100.0M$150.0M2018: $128.7M$128.7M20182019: $127.7M$127.7M2019−1%2020: $123.1M$123.1M2020−4%2021: $73.6M$73.6M2021−40%2022: $66.2M$66.2M2022−10%2023: $25.1M$25.1M2023−62%2024: $72.9M$72.9M2024+190%2025: $84.6M$84.6M2025+16%
Net income457862$23.3M in 2025−72% since 2018
-$50.0M0$50.0M$100.0M2018: $82.2M$82.2M20182019: $59.0M$59.0M2019−28%2020: $65.2M$65.2M2020+11%2021: $53.9M$53.9M2021−17%2022: $58.7M$58.7M2022+9%2023: -$34.3M-$34.3M20232024: $14.1M$14.1M20242025: $23.3M$23.3M2025+65%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Loss of hire insurance recoveries$607.0K$6.0M$2.8M
Other income$2.2M$2.1M$1.9M
Total revenues$364.4M$318.6M$290.7M
Gain from disposal of vessel$1.3M$703.0K
Vessel operating expenses$132.0M$108.5M$93.4M
Voyage expenses and commission$1.7M$3.6M$5.5M
Depreciation$119.7M$111.8M$110.9M
Impairment$20.3M$16.4M$49.6M
General and administrative expenses$7.4M$6.1M$6.1M
Total operating expenses$281.1M$246.4M$265.6M
Operating income$84.6M$72.9M$25.1M
Interest income$3.6M$3.6M$3.5M
Interest expense-$62.0M-$67.4M-$72.1M
Other finance expense-$755.0K-$358.0K-$589.0K
Realized and unrealized gain (loss) on derivative instruments-$924.0K$6.8M$5.4M
Net loss on foreign currency transactions-$89.0K-$943.0K-$237.0K
Total finance expense-$60.2M-$58.2M-$64.1M
Income (loss) before income taxes$24.4M$14.7M-$38.9M
Income tax benefit (expense)-$1.2M-$631.0K$4.6M
Net income (loss)$23.3M$14.1M-$34.3M
Series A preferred unitholders' interest in net income (loss)$6.8M$6.8M$6.8M
General Partner's interest in net income (loss)$302.0K$134.0K-$760.0K
Limited Partners' interest in net income (loss)$16.2M$7.1M-$40.4M
General Partner units$0$0-$1

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Corporate structure

KNOT Offshore Partners LP sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of KNOT Offshore Partners LP

  • Astaris Capital Management LLP Filed SCHEDULE 13D/A on KNOT Offshore Partners LP, latest Jul 30, 2026 (6 filings since Oct 10, 2024)
  • Knutsen NYK Offshore Tankers AS Filed SCHEDULE 13D/A on KNOT Offshore Partners LP, latest Jun 16, 2026 (3 filings since Nov 3, 2025)
  • Offshore Merchant Partners Asset Yield Fund, LP Filed SC 13G/A on KNOT Offshore Partners LP, latest Nov 14, 2024 (4 filings since Jan 20, 2022)
  • KNOT Offshore Partners LP 1T

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What KNOT Offshore Partners LP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.6B2 Dec 31, 2025$2.4B2 Dec 31, 2024+5.9%
Accumulated depreciation$958.4M2 Dec 31, 2025$894.2M2 Dec 31, 2024+7.2%
Property and equipment, net$1.6B2 Dec 31, 2025$1.5B2 Dec 31, 2024+6.5%
Operating-lease assets (leased space)$875.0K2 Dec 31, 2025$1.3M2 Dec 31, 2024−31.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$89.0M2 Dec 31, 2025$66.9M2 Dec 31, 2024+32.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$4.3M2 Dec 31, 2025$3.3M2 Dec 31, 2024+29.8%

Leadership

Who has led KNOT Offshore Partners LP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Derek Lowe2026–now

Chief financial officer

  1. Derek Lowe2026–now
Board members and other officers (6)

Timeline

  1. Mar 18, 2026New chief executive Derek Lowe becomes CEO10

Calendar

Coming up

  1. Dec 3, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.45 a share, on Dec 4, 2025.17

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

85 filings to the SEC since October 2021: 5 annual reports, 9 insider forms, 13 large holders, 58 other. The latest 20:

  1. Sep 9, 20266-K EDGAR
  2. Sep 3, 20266-K EDGAR
  3. Aug 26, 20266-K EDGAR
  4. Jul 30, 2026SCHEDULE 13D/A EDGAR
  5. Jul 6, 2026SCHEDULE 13D/A EDGAR
  6. Jun 23, 2026SCHEDULE 13D/A EDGAR
  7. Jun 16, 20264 OWNERSHIP DOCUMENT EDGAR
  8. Jun 16, 2026SCHEDULE 13D/A EDGAR
  9. Jun 10, 20266-K EDGAR
  10. May 28, 20266-K EDGAR
  11. Apr 17, 202620-F EDGAR
  12. Mar 31, 20263 OWNERSHIP DOCUMENT EDGAR
  13. Mar 25, 20266-K EDGAR
  14. Mar 20, 2026SCHEDULE 13D/A EDGAR
  15. Mar 19, 20266-K EDGAR
  16. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  17. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  18. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  19. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR
  20. Mar 18, 20263 OWNERSHIP DOCUMENT EDGAR

The 85 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 15, 2026Seglem TrygveDirectorBuy1,250,000$20.00$25.0MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 2, 2022Virginia FoxxRepublican, HouseSale$50,001 - $100,000+132.7%Report
Jun 10, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−140.1%Report
May 13, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−133.5%Report
Apr 22, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−127.4%Report
Apr 11, 2022Virginia FoxxRepublican, HouseBuy$15,001 - $50,000−119.5%Report
Jan 12, 2022Mark GreenRepublican, HouseBuy$100,001 - $250,000−100.4%Report
Jan 6, 2022Mark GreenRepublican, HouseBuy$50,001 - $100,000−97.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How KNOT Offshore Partners LP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKNOT Offshore Partners LP1
  • CIK0001564180
  • Filer statusAccelerated filer not an emerging growth company; not a shell company21
  • Incorporated inRepublic of the Marshall Islands21
  • Fiscal year endsDecember 311
  • Industry code (SIC)4400 Water Transportation1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address2 Queen'S Cross, Aberdeen, AB15 4YB, United Kingdom1
  • Phone44 1224 6184201
  • Shares outstanding33,660,342 Common Units shares; 3,541,666 Convertible Preferred Stock shares; 252,405 Common Class B shares as of Dec 31, 202521
  • AuditorErnst & Young AS, Oslo, Norway PCAOB ID 1572; it also attests to the company’s internal control over financial reporting21
  • On EDGAR sinceDec 21, 20121
  • Filings284 in all: 6-K (154), SC 13G/A (35), 20-F (13), SC 13G (9), 3 (8), CORRESP (8), UPLOAD (8), SCHEDULE 13D/A (7)1
    All 27 form types

    424B5 (6), EFFECT (6), F-3 (5), 424B2 (4), 8-A12B/A (3), F-1/A (3), SC 13D/A (3), 20-F/A (1), 4 (1), 424B4 (1), 8-A12B (1), CERTNYS (1), CT ORDER (1), DRS (1), DRS/A (1), F-1 (1), F-3/A (1), SC 13D (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 17, 2026

Securities registered for trading

ClassSymbolExchange
Common units representing limited partner interestsKNOPNew York Stock Exchange

From the cover page of the 20-F filed Apr 17, 2026 (Section 12(b) of the Exchange Act).21

Sources

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