KNOT Offshore Partners LP (KNOP) Revenue & Revenue Breakdown


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KNOT Offshore Partners LP Revenue Highlights


Latest Revenue (Y)

$290.72M

Latest Revenue (Q)

$76.63M

Main Segment (Y)

Time Charter And Bareboat Revenues

KNOT Offshore Partners LP Revenue by Period


KNOT Offshore Partners LP Revenue by Year

DateRevenueChange
2023-12-31$290.72M8.24%
2022-12-31$268.58M-4.46%
2021-12-31$281.13M0.68%
2020-12-31$279.22M-1.18%
2019-12-31$282.56M1.11%
2018-12-31$279.46M27.49%
2017-12-31$219.20M26.22%
2016-12-31$173.67M12.03%
2015-12-31$155.02M37.38%
2014-12-31$112.84M53.73%
2013-12-31$73.40M11.80%
2012-12-31$65.65M49.52%
2011-12-31$43.91M-

KNOT Offshore Partners LP generated $290.72M in revenue during NA 2023, up 8.24% compared to the previous quarter, and up 104.03% compared to the same period a year ago.

KNOT Offshore Partners LP Revenue by Quarter

DateRevenueChange
2024-03-31$76.63M4.93%
2023-12-31$73.03M0.48%
2023-09-30$72.68M-1.55%
2023-06-30$73.82M3.71%
2023-03-31$71.18M-0.61%
2022-12-31$71.61M5.60%
2022-09-30$67.82M6.03%
2022-06-30$63.96M-1.90%
2022-03-31$65.20M-9.62%
2021-12-31$72.13M8.34%
2021-09-30$66.58M-6.14%
2021-06-30$70.94M-0.76%
2021-03-31$71.48M2.32%
2020-12-31$69.86M-1.99%
2020-09-30$71.28M1.45%
2020-06-30$70.26M3.59%
2020-03-31$67.82M-3.22%
2019-12-31$70.08M-1.31%
2019-09-30$71.01M0.12%
2019-06-30$70.92M0.53%
2019-03-31$70.55M-0.54%
2018-12-31$70.93M0.30%
2018-09-30$70.72M1.37%
2018-06-30$69.77M2.53%
2018-03-31$68.04M10.48%
2017-12-31$61.59M5.79%
2017-09-30$58.22M7.00%
2017-06-30$54.41M20.92%
2017-03-31$44.99M-0.01%
2016-12-31$44.99M3.23%
2016-09-30$43.59M1.22%
2016-06-30$43.06M2.47%
2016-03-31$42.03M-1.20%
2015-12-31$42.54M8.28%
2015-09-30$39.28M6.22%
2015-06-30$36.98M2.11%
2015-03-31$36.22M4.43%
2014-12-31$34.68M1.22%
2014-09-30$34.27M54.91%
2014-06-30$22.12M1.58%
2014-03-31$21.77M-1.99%
2013-12-31$22.22M8.61%
2013-09-30$20.45M18.45%
2013-06-30$17.27M28.27%
2013-03-31$13.46M-19.96%
2012-12-31$16.82M-6.11%
2012-09-30$17.91M26.00%
2012-06-30$14.22M-

KNOT Offshore Partners LP generated $76.63M in revenue during Q1 2024, up 4.93% compared to the previous quarter, and up 107.01% compared to the same period a year ago.

KNOT Offshore Partners LP Revenue Breakdown


KNOT Offshore Partners LP Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Time Charter Revenues$246.67M$216.82M$233.35M$237.39M-
Bareboat Revenues$30.41M$45.98M$45.23M$45.12M-
Time Charter And Bareboat Revenues$277.08M$262.80M---
Bareboat revenues--$45.12M--
Time charter revenues (service element included)--$224.19M--

KNOT Offshore Partners LP's latest annual revenue breakdown by segment (product or service), as of Dec 23: Time Charter And Bareboat Revenues (50.00%), Time Charter Revenues (44.51%), and Bareboat Revenues (5.49%).

Quarterly Revenue by Product

Product/ServiceJun 22Jun 21Jun 20Jun 18
Bareboat revenues$11.46M---
Time charter revenues (service element included)$52.32M---
Time Charter Revenues-$55.26M$59.00M-
Bareboat Revenues-$11.25M$11.25M-
Time Charter And Bareboat Revenues---$69.22M

KNOT Offshore Partners LP's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: Time charter revenues (service element included) (82.03%), and Bareboat revenues (17.97%).

KNOT Offshore Partners LP Revenue Breakdown by Country

Quarterly Revenue by Country

CountryJun 22Jun 21Jun 20Jun 18
Bareboat revenues$11.46M---
Time charter revenues (service element included)$52.32M---
Time Charter Revenues-$55.26M$59.00M-
Bareboat Revenues-$11.25M$11.25M-
Time Charter And Bareboat Revenues---$69.22M

KNOT Offshore Partners LP's latest quarterly revenue breakdown by geography, as of Jun 22: Time charter revenues (service element included) (82.03%), and Bareboat revenues (17.97%).

KNOT Offshore Partners LP Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CAPLCrossAmerica Partners LP$4.39B$2.16B
DKLDelek Logistics Partners, LP$1.02B$264.63M
USACUSA Compression Partners, LP$846.18M$235.31M
GLOPGasLog Partners LP$371.03M$99.07M
KNOPKNOT Offshore Partners LP$290.72M$76.63M
DLNGDynagas LNG Partners LP$160.48M$36.95M

KNOP Revenue FAQ


KNOT Offshore Partners LP's yearly revenue for 2023 was $290.72M, representing an increase of 8.24% compared to 2022. The company's yearly revenue for 2022 was $268.58M, representing a decrease of -4.46% compared to 2021. KNOP's yearly revenue for 2021 was $281.13M, representing an increase of 0.68% compared to 2020.

KNOT Offshore Partners LP's quarterly revenue for Q1 2024 was $76.63M, a 4.93% increase from the previous quarter (Q4 2023), and a 7.66% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $73.03M, a 0.48% increase from the previous quarter (Q3 2023), and a 1.98% increase year-over-year (Q4 2022). KNOP's quarterly revenue for Q3 2023 was $72.68M, a -1.55% decrease from the previous quarter (Q2 2023), and a 7.18% increase year-over-year (Q3 2022).

KNOT Offshore Partners LP's revenue growth rate for the last 3 years (2021-2023) was 3.41%, and for the last 5 years (2019-2023) was 2.89%.

KNOT Offshore Partners LP's revenue streams in c 23 are Time Charter Revenues, Bareboat Revenues, and Time Charter And Bareboat Revenues. Time Charter Revenues generated $246.67M in revenue, accounting 44.51% of the company's total revenue, up 13.77% year-over-year. Bareboat Revenues generated $30.41M in revenue, accounting 5.49% of the company's total revenue, down -33.85% year-over-year. Time Charter And Bareboat Revenues generated $277.08M in revenue, accounting 50.00% of the company's total revenue, up 5.44% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of KNOT Offshore Partners LP was Time Charter And Bareboat Revenues. This segment made a revenue of $277.08M, representing 50.00% of the company's total revenue.