Kinetik Holdings Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Kinetik Holdings Inc. 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 |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $160.62M | Feb 22, 2022 |
| FY2021 | Dec 31, 2020 | $148.41M | Feb 22, 2022 |
| FY2021 | Dec 31, 2019 | $135.80M | Feb 22, 2022 |
| FY2018 | Dec 31, 2018 | $28.31M | Mar 1, 2019 |
| FY2018 | Sep 30, 2018 | $25.44M | Mar 1, 2019 |
| FY2018 | Jun 30, 2018 | $12.52M | Mar 1, 2019 |
| FY2018 | Mar 31, 2018 | $12.10M | Mar 1, 2019 |
| FY2018 | Dec 31, 2017 | $8.20M | Mar 1, 2019 |
| FY2018 | Sep 30, 2017 | $5.37M | Mar 1, 2019 |
| FY2018 | Jun 30, 2017 | $1.57M | Mar 1, 2019 |
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 |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.76B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.48B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.26B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.21B | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $662.04M | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | $410.18M | Mar 7, 2023 |
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 |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $178.26M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $80.01M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $289.44M | Feb 26, 2026 |
| FY2017 | Dec 31, 2017 | ($187.1K) | Mar 27, 2018 |
| FY2017 | Dec 31, 2016 | ($2.4K) | Mar 27, 2018 |
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 | $164.92M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $179.23M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $159.26M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $150.49M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $53.49M | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | ($1.02B) | Mar 7, 2023 |
| FY2019 | Dec 31, 2019 | ($1.28B) | Mar 16, 2020 |
| FY2019 | Sep 30, 2019 | ($6.58M) | Mar 16, 2020 |
| FY2019 | Jun 30, 2019 | ($4.94M) | Mar 16, 2020 |
| FY2019 | Mar 31, 2019 | $4.23M | Mar 16, 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 | $604.12M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $637.35M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $584.48M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $613.01M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $235.57M | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | $102.10M | Mar 7, 2023 |
| FY2021 | Dec 31, 2019 | $76.27M | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $661.0K | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $0 | Mar 16, 2020 |
| FY2018 | Dec 31, 2016 | $0 | Mar 1, 2019 |
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 |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $492.47M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $263.54M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $312.86M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $206.16M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $78.03M | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | $181.42M | Mar 7, 2023 |
| FY2018 | Dec 31, 2018 | $84.00M | Mar 1, 2019 |
| FY2018 | Dec 31, 2017 | $0 | Mar 1, 2019 |
| FY2018 | Dec 31, 2016 | $0 | Mar 1, 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 | $7.10B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $6.81B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $6.50B | Mar 3, 2025 |
| FY2024 | Dec 31, 2022 | $5.92B | Mar 3, 2025 |
| FY2022 | Dec 31, 2021 | $3.55B | Mar 7, 2023 |
| FY2021 | Dec 31, 2020 | $1.80B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $1.50B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $1.86B | Mar 16, 2020 |
| FY2018 | Dec 31, 2017 | $705.75M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $45.7K | Mar 27, 2018 |
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 | $4.17B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.84B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $3.87B | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $3.65B | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $2.55B | Mar 7, 2023 |
| FY2021 | Dec 31, 2020 | $863.48M | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $597.33M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $130.53M | Mar 16, 2020 |
| FY2018 | Dec 31, 2017 | $149.70M | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | $23.1K | Mar 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($565.38M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($2.98B) | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | ($530.82M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2022 | ($839.78M) | Feb 26, 2026 |
| FY2024 | Dec 31, 2021 | $10.0K | Mar 3, 2025 |
| FY2023 | Dec 31, 2020 | $10.0K | Mar 5, 2024 |
| FY2022 | Dec 31, 2019 | $9.0K | Mar 7, 2023 |
| FY2021 | Dec 31, 2018 | ($226.98M) | Feb 22, 2022 |
| FY2020 | Dec 31, 2017 | $556.07M | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $59.34M | Mar 16, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.08M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $5.08M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $5.08M | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $5.08M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Mar 7, 2023 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($806.12M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($2.98B) | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | ($723.52M) | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | ($958.63M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Mar 7, 2023 |
| FY2021 | Dec 31, 2020 | ($369.43M) | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | ($392.63M) | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | ($213.75M) | Mar 16, 2020 |
| FY2018 | Dec 31, 2017 | ($18.58M) | Mar 1, 2019 |
| FY2017 | Dec 31, 2016 | ($2.4K) | Mar 27, 2018 |
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 | $3.95M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.61M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $4.51M | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $6.39M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $18.73M | Mar 7, 2023 |
| FY2021 | Dec 31, 2020 | $24.19M | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $5.98M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $449.94M | Mar 16, 2020 |
| FY2018 | Dec 31, 2017 | $0 | Mar 1, 2019 |
| FY2018 | Dec 31, 2016 | $0 | Mar 1, 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 |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.65B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.39B | Feb 26, 2026 |
| FY2023 | Dec 31, 2023 | $3.59B | Mar 5, 2024 |
| FY2023 | Dec 31, 2022 | $3.40B | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $2.35B | Mar 7, 2023 |
| FY2021 | Dec 31, 2020 | $624.00M | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $396.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $0 | Mar 16, 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 |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 5 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Mar 7, 2023 |
| FY2019 | Dec 31, 2019 | (4) | Mar 16, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 16, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 16, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 16, 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 |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Mar 7, 2023 |
| FY2019 | Dec 31, 2019 | (4) | Mar 16, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 16, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 16, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 16, 2020 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $193.73M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $175.21M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $81.35M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $39.30M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $0 | Mar 5, 2024 |
| FY2022 | Dec 31, 2020 | $0 | Mar 7, 2023 |
| FY2021 | Dec 31, 2019 | $0 | Feb 22, 2022 |