Kinetik Holdings Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.8B | $1.5B | $1.3B | $1.2B | $662.0M |
| Operating expenses | $300.3M | $220.7M | $183.1M | $154.3M | — |
| Operating income | $164.9M | $179.2M | $159.3M | $150.5M | $53.5M |
| Pretax income | $576.7M | $267.3M | $153.5M | $253.3M | $3.3M |
| Income tax expense | $50.7M | $23.0M | -$232.9M | $2.6M | $1.9M |
| Net income | $178.3M | $80.0M | $289.4M | $250.7M | $1.5M |
| Balance Sheet | |||||
| Cash and equivalents | $4.0M | $3.6M | $4.5M | $6.4M | $18.7M |
| Current assets | $302.0M | $294.8M | $257.3M | $241.9M | $217.5M |
| Total assets | $7.1B | $6.8B | $6.5B | $5.9B | $3.6B |
| Current liabilities | $440.5M | $418.6M | $250.1M | $227.8M | $240.9M |
| Total liabilities | $4.2B | $3.8B | $3.9B | $3.6B | $2.5B |
| Total debt | $3.8B | $3.4B | $3.6B | — | — |
| Stockholders' equity | -$565.4M | -$3.0B | -$530.8M | -$839.8M | $10,000 |
| Cash Flow Statement | |||||
| Cash from operations | $604.1M | $637.3M | $584.5M | $613.0M | $235.6M |
| Depreciation and amortization | $382.6M | $324.2M | $281.0M | $260.3M | $243.6M |
| Stock-based compensation | $62.6M | $76.5M | $56.0M | $42.8M | $0 |
| Capital expenditure | $492.5M | $263.5M | $312.9M | $206.2M | $78.0M |
| Free cash flow | $111.6M | $373.8M | $271.6M | $406.8M | $157.5M |
| Dividends paid | $193.7M | $175.2M | $81.4M | $39.3M | $0 |
| Share repurchases | $176.0M | $0 | $5.8M | $0 | $0 |
| Impairments | $0 | $0 | $0 | $0 | $441,000 |
Shares outstanding 162.4M · Free float 27.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.