---
schema_version: "secwatch.filing_event.v1"
accession: "0001955520-24-000003"
form_type: "8-K"
ticker: "KNF"
cik: "0001955520"
company_name: "Knife River Corp"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:31:58.438790+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Knife River reports record FY2023 revenue $2.83B, net income $182.9M, Adj. EBITDA $432.4M

## Summary
- Full-year revenue $2.83B (+12% YoY); net income $182.9M (+57%); Adj. EBITDA $432.4M (+38%).
- Adjusted EBITDA margin expanded to 15.3% from 12.4%, achieving 2025 target two years early.
- Q4 revenue $646.9M (+20% YoY); net income $20.7M (+15%); Adj. EBITDA $72.4M (+10%).
- FY2023 diluted EPS $3.23, up 58% from $2.05 in 2022.

## SEC filing metadata
- accession: 0001955520-24-000003
- form_type: 8-K
- ticker: KNF
- cik: 0001955520
- company_name: Knife River Corp
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1955520/000195552024000003/0001955520-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1955520/000195552024000003/knf-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001955520-24-000003
- JSON: https://secwatch.observer/filing/0001955520-24-000003.json
- Plain text: https://secwatch.observer/filing/0001955520-24-000003.txt

## Key facts
- Earnings Releases
  Knife River Corp reported financial results for fourth quarter and full-year ended December 31, 2023.
  - Period: fourth quarter and full-year ended December 31, 2023
  - Result: reported results
  source text: Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the fourth quarter and full-year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1955520/000195552024000003/0001955520-24-000003-index.htm

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