Knife River Q4 revenue up 15% to $755M; net income +38%; but FY net income down 22%

Knife River Corp

2025-FY EPS reported $2.76 revenue$3,146,012,000

Q4 revenue $755.1M (+15% YoY); net income $32.0M (+38%); EPS $0.56 vs $0.41.
Full-year revenue $3.146B (+9%); net income $157.1M (-22%); EPS $2.76 vs $3.55.
Q4 Adj. EBITDA $119.4M (+47%); full-year Adj. EBITDA $496.5M (+7%).
Record year-end backlog of $1.0B; completed five aggregates-based acquisitions in 2025.
Initiated full-year 2026 guidance; cites strong public funding and Competitive EDGE initiatives.

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