---
schema_version: "secwatch.filing_event.v1"
accession: "0001955520-23-000019"
form_type: "8-K"
ticker: "KNF"
cik: "0001955520"
company_name: "Knife River Corp"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:33:17.087667+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Knife River posts record Q3 revenue $1.09B, net income $146.7M, raises guidance

## Summary
- Revenue $1,090.4M (+12% YoY); net income $146.7M (+47%); diluted EPS $2.58.
- Adjusted EBITDA $247.5M (+43%); margin improved to 22.7% from 17.8%.
- Company raised full-year revenue and Adjusted EBITDA guidance (specific not disclosed).
- Competitive EDGE initiatives cited for strong margin improvement.

## SEC filing metadata
- accession: 0001955520-23-000019
- form_type: 8-K
- ticker: KNF
- cik: 0001955520
- company_name: Knife River Corp
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1955520/000195552023000019/0001955520-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1955520/000195552023000019/knf-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001955520-23-000019
- JSON: https://secwatch.observer/filing/0001955520-23-000019.json
- Plain text: https://secwatch.observer/filing/0001955520-23-000019.txt

## Key facts
- Earnings Releases
  Knife River Corp reported the third quarter ended September 30, 2023 results: revenue $1,090.4, net income $146.7, EPS $2.58. Guidance raised.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $1,090.4
  - Net income: $146.7
  - EPS: $2.58
  - Guidance: raised
  - Result: reported results
  source text: today announced financial results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights (In millions, except per share) 2023 2022 % Change Revenue $1,090.4 $975.4 12% Gross profit $269.4 $184.5 46% Net income $146.7 $99.7 47% EBITDA $241.4 $172.1 40% EBITDA margin 22.1% 17.6% Adjusted EBITDA $247.5 $173.1 43% Adjusted EBITDA margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1955520/000195552023000019/0001955520-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.