Knife River Q1 net loss widens to $1.40/sh; revenue up 16% to $410M, backlog record $1.2B

Knife River Corp

2026-Q1 EPS reported -$1.40 revenue$410,131,000

Revenue $410.1M (+16% YoY); net loss $79.2M vs $68.7M loss in Q1 2025.
Net loss per share $1.40 (vs $1.21 loss per share YoY); adjusted EBITDA loss $31.8M vs $38.0M loss.
First-quarter backlog reached a record $1.2 billion.
Completed three aggregates-based acquisitions during the quarter.
Adjusted EBITDA margin improved to (7.8)% from (10.7)% YoY.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Knife River Corp reported Three Months Ended March 31, 2026 results: revenue $ 410.1, net income $ (79.2), EPS $ (1.40).

Period: Three Months Ended March 31, 2026
Revenue: $ 410.1
Net income: $ (79.2)
EPS: $ (1.40)
Result: reported results

Exact text from the filing

Three Months Ended March 31, (In millions, except per share) 2026 2025 % Change Revenue $ 410.1 $ 353.5 16 % Net loss $ (79.2) $ (68.7) (15) % Net loss margin (19.3) % (19.4) % Adjusted EBITDA $ (31.8) $ (38.0) 16 % Adjusted EBITDA margin (7.8) % (10.7) % Net loss per share $ (1.40) $ (1.21) (16) %

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Source: SEC EDGAR

accession 0001628280-26-030137

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