Kimbell Royalty Partners, LP — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Kimbell Royalty Partners, LP filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $333.83M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $309.31M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $294.07M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $248.06M | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $135.62M | Nov 8, 2024 |
| FY2022 | Dec 31, 2020 | $90.48M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $108.23M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $70.26M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $30.35M | Feb 28, 2020 |
| FY2019 | Feb 7, 2017 | $318.3K | Feb 28, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $267.58M | Nov 8, 2024 |
| FY2023 | Dec 31, 2022 | $281.96M | Nov 8, 2024 |
| FY2023 | Dec 31, 2021 | $175.09M | Nov 8, 2024 |
| FY2020 | Dec 31, 2020 | $23.29M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $18.44M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $12.80M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $35.95M | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $25.36M | Feb 26, 2021 |
| FY2020 | Sep 30, 2019 | $32.98M | Feb 26, 2021 |
| FY2020 | Jun 30, 2019 | $31.94M | Feb 26, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | ($62.23M) | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | ($17.80M) | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | ($48.03M) | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | ($39.30M) | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | ($51.33M) | Feb 26, 2021 |
| FY2020 | Sep 30, 2019 | ($16.26M) | Feb 26, 2021 |
| FY2020 | Jun 30, 2019 | ($11.76M) | Feb 26, 2021 |
| FY2020 | Mar 31, 2019 | ($3.69M) | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | ($1.61M) | Feb 28, 2020 |
| FY2019 | Sep 30, 2018 | ($3.71M) | Feb 28, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $132.83M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $36.99M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $109.87M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $136.92M | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $49.31M | Nov 8, 2024 |
| FY2022 | Dec 31, 2020 | ($250.73M) | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | ($151.58M) | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | ($48.17M) | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $2.51M | Feb 28, 2020 |
| FY2019 | Feb 7, 2017 | ($457.5K) | Feb 28, 2020 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $39.66M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $38.54M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $35.68M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $29.13M | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $26.98M | Nov 8, 2024 |
| FY2022 | Dec 31, 2020 | $25.90M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $22.67M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $16.85M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $8.19M | Feb 28, 2020 |
| FY2019 | Feb 7, 2017 | $532.0K | Feb 28, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $246.46M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $250.92M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $174.27M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $166.64M | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $91.44M | Nov 8, 2024 |
| FY2022 | Dec 31, 2020 | $62.25M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $80.70M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $33.20M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $18.57M | Feb 28, 2020 |
| FY2019 | Feb 7, 2017 | $186.7K | Feb 28, 2020 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $403.7K | Mar 12, 2019 |
| FY2018 | Dec 31, 2017 | $61.9K | Mar 12, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.23B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.12B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $1.34B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $1.08B | Nov 8, 2024 |
| FY2022 | Dec 31, 2021 | $601.49M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $564.63M | Feb 25, 2022 |
| FY2020 | Sep 30, 2020 | $665.45M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $695.36M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $680.26M | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $748.59M | Feb 26, 2021 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $456.18M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $256.42M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $309.32M | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $263.34M | Nov 8, 2024 |
| FY2022 | Dec 31, 2021 | $252.64M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $186.33M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $108.70M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $91.11M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $33.23M | Mar 12, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $43.98M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $34.17M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $30.99M | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $24.64M | Nov 8, 2024 |
| FY2022 | Dec 31, 2021 | $7.05M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $9.80M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $14.20M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $15.77M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $5.63M | Mar 12, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $171.55M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $169.70M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $171.72M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $101.22M | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $100.14M | Feb 26, 2021 |
| FY2020 | Sep 30, 2019 | $91.26M | Feb 26, 2021 |
| FY2020 | Jun 30, 2019 | $87.31M | Feb 26, 2021 |
| FY2020 | Mar 31, 2019 | $87.31M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $87.31M | Feb 28, 2020 |
| FY2019 | Sep 30, 2018 | $148.31M | Feb 28, 2020 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Feb 7, 2017 | 0 | Feb 28, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Feb 7, 2017 | 0 | Feb 28, 2020 |