Highest-materiality recent filing
Knife River Q2 revenue up 13% to $938.6M; net income down 13%; raises guidance
Revenue $938.6M (+13% YoY); net income $43.9M (-13%); EPS $0.77 vs $0.89.
Knife River Q1 net loss widens to $1.40/sh; revenue up 16% to $410M, backlog record $1.2B
Revenue $410.1M (+16% YoY); net loss $79.2M vs $68.7M loss in Q1 2025.
Knife River Q4 revenue up 15% to $755M; net income +38%; but FY net income down 22%
Q4 revenue $755.1M (+15% YoY); net income $32.0M (+38%); EPS $0.56 vs $0.41.
Knife River Q3 revenue up 9% to $1.2B; net income down 3%; narrows FY guidance
Revenue $1,203.7M (+9% YoY); net income margin 11.9% vs 13.4% YoY.
Knife River Q2 net income falls 35% to $50.6M; EPS $0.89 vs $1.37 YoY
Revenue up 3% to $833.8M; adjusted EBITDA down 9% to $140.8M (margin 16.9% vs 19.1%).
Knife River Q1 net loss widens to $68.7M; closes Strata acquisition; sees record FY2025
Q1 revenue $353.5M (+7% YoY); net loss $68.7M ($1.21/sh) vs $47.6M ($0.84/sh) a year ago.
Knife River completes $454M acquisition of Strata Corporation; financed with $500M Term Loan B
Purchase price $454M; 9x Strata's projected 2025 EBITDA; expected to be accretive to Knife River's Adjusted EBITDA margin within first year.
Knife River reports record FY2024 revenue $2.9B, net income $201.7M, EPS $3.55
Q4 2024 rev $657.2M (+2% YoY); net income $23.3M (+12%); adj. EBITDA $81.2M (+12%).
Knife River subsidiary to acquire Strata Corp, Glacier Resources, and Landmark assets for $454M cash
KRC Holdings, a Knife River subsidiary, to buy 100% of Strata and Glacier equity and certain Landmark assets for $454M in cash, subject to purchase price adjustments.
Knife River Q3 revenue $1.105B, net income $148.1M, both records; narrows FY guidance
Q3 revenue $1,105.3M (+1% YoY); net income $148.1M (+1%); diluted EPS $2.60.
Knife River Q2 2024: record revenue $807M, net income up 37%, raises guidance
Revenue $806.9M (+3% YoY); net income $77.9M (+37%); diluted EPS $1.37 (vs $1.00).
Knife River posts record Q1 revenue of $329.6M but net loss widens to $47.6M
Revenue $329.6M (+7% YoY) and gross profit $6.5M (+59% YoY).
Knife River reports record FY2023 revenue $2.83B, net income $182.9M, Adj. EBITDA $432.4M
Full-year revenue $2.83B (+12% YoY); net income $182.9M (+57%); Adj. EBITDA $432.4M (+38%).
Knife River posts record Q3 revenue $1.09B, net income $146.7M, raises guidance
Revenue $1,090.4M (+12% YoY); net income $146.7M (+47%); diluted EPS $2.58.
Knife River Q2 record revenue $785.2M, net income $56.8M, raises guidance
Revenue $785.2M (+10% YoY); net income $56.8M (+47% YoY); diluted EPS $1.00.
Knife River completes spin-off from MDU Resources, begins trading as independent public company
Spin-off completed May 31, 2023: MDU distributed ~90% of KNF common stock to MDU shareholders; MDU retains ~10%.
Knife River holds investor day; spin-off from MDU Resources effective May 31, 2023
Separation via pro rata distribution of ~90% of Knife River Holding Company common stock to MDU Resources stockholders.
Knife River spin-off from MDU Resources set for May 31; 1-for-4 ratio
Registration Statement on Form 10 declared effective May 10; final Information Statement dated May 12.
On May 20, 2026, Marney L. Kadrmas was named Senior Vice President of Financial Strategy, instead of her former title as Vice President and Chief Accounting Officer, effective as of May 21, 2026.
On May 20, 2026, the board of directors (the “Board”) of Knife River Corporation (the “Company”) appointed Peggy S. Rebstock, the Company’s current Vice President of Financial Planning and Analysis, to serve as the Vice President, Chief Accounting Officer and Controller of the Company, effective May 21, 2026.
On January 17, 2025, Nancy K. Christenson, Vice President of Administration of Knife River Corporation (the “Company”), informed the Company of her decision to retire from the Company in April of 2025.
On June 27, 2024, the Board of Directors (the “Board”) of Knife River Corporation (the “Company”), pursuant to the Amended and Restated Certificate of Incorporation of the Company and the Amended and Restated Bylaws of the Company, approved an increase of the size of the Board from six directors to seven directors, and appointed Patricia Chiodo to the Board as a Class II director, effective June 27, 2024, to serve until the 2025 Annual Meeting of Stockholders.
Karl A. Liepitz Vice President, Chief Legal Officer and Secretary
Nancy K. Christenson Vice President of Administration
John F. Quade Vice President of Business Development
Trevor J. Hastings Vice President and Chief Operating Officer
Marney L. Kadrmas Chief Accounting Officer
David L. Goodin, Karl A. Liepitz and Jason L. Vollmer, who had been serving as members of the Board, ceased to be directors of the Company.
Glenn R. Pladsen Vice President of Support Services
Each of Karen B. Fagg, German Carmona Alvarez, Thomas Everist and William Sandbrook was elected as a director of the Company as of immediately prior to the Effective Time.
Max materiality 0.85 · Median 0.70 · Most common event earnings