Kinetik Holdings Inc. (KNTK)
Kinetik Holdings Inc. brought in $2B of revenue over the twelve months to September 30, 2026, up 15.8% from a year earlier. Net income was $213.2M, a net margin of 10.7%. Operating cash flow minus capital spending left $111.6M of free cash flow in fiscal 2025. At September 30, 2026 it held $7M in cash against $3.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Kinetik Holdings Inc.
- Net worth
- Kinetik Holdings Inc. has a market value (market cap) of $8.2B at the latest share price, and shareholders' equity of -$1.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.8B (+19.0% year on year), with net income of $178.3M. Over the 12 months to September 30, 2026: revenue $2B, net income $213.2M.
- Cash flow
- In fiscal 2025 operations brought in $604.1M of cash; after $492.5M of capital spending, free cash flow was $111.6M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Kinetik Holdings Inc.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Kinetik Holdings Inc. does
Kinetik Holdings Inc. is registered with the SEC under industry code SIC 4922 (Natural Gas Transmission). Its shares trade on NYSE under the ticker KNTK.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.8B | $178.3M | $2.63 | $111.6M |
| 2024 | $1.5B | $80M | $1.02 | $373.8M |
| 2023 | $1.3B | $289.4M | $2.52 | $271.6M |
| 2022 | $1.2B | $40.7M | $1.47 | $406.8M |
| 2021 | $662M | $0 | $0.00 | $157.5M |
| 2020 | $410.2M | $0 | $0.00 | -$79.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where KNTK ranks in Utilities
Dividends
It paid out $193.7M in cash dividends, 109% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $193.7M | 109% |
| 2024 | n/a | $175.2M | 219% |
| 2023 | n/a | $81.4M | 28% |
| 2022 | n/a | $39.3M | 96% |
| 2021 | $1.50 | $0 | n/a |
| 2020 | $1.50 | $0 | n/a |
Latest SEC filings
What Kinetik Holdings Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 23% to $569.4M versus the same quarter last year; diluted EPS $0.26 versus $0.03.
- November 4, 2026
- October 26, 2026Other event 8-K
- October 15, 2026Activist stake changed SCHEDULE 13D/A
- September 24, 2026
- September 21, 2026Activist stake changed SCHEDULE 13D/A
- August 19, 2026Activist stake changed SCHEDULE 13D/A
- August 11, 2026Passive stake changed SCHEDULE 13G/A
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 36% to $581.4M versus the same quarter last year; diluted EPS $0.64 versus $0.33.
- August 6, 2026
What is KNTK worth? A DCF from its reported cash flow
Insider trades
What the people running Kinetik Holdings Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $187.8M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | ISQ Global Fund II GP LLC10% owner | Soldindirect | 14,889 | $819.9K |
| November 2, 2026 | ISQ Global Fund II GP LLC10% owner | Soldindirect | 3,267 | $180.1K |
| October 30, 2026 | ISQ Global Fund II GP LLC10% owner | Exercised optionsindirect | 1,000,000 | - |
| October 30, 2026 | ISQ Global Fund II GP LLC10% owner | Soldindirect | 20,731 | $1.2M |
| October 13, 2026 | ISQ Global Fund II GP LLC10% owner | Exercised optionsindirect | 2,000,000 | - |
| October 13, 2026 | ISQ Global Fund II GP LLC10% owner | Soldindirect | 2,000,000 | $109.5M |
| October 12, 2026 | ISQ Global Fund II GP LLC10% owner | Soldindirect | 38,377 | $2.1M |
| October 9, 2026 | ISQ Global Fund II GP LLC10% owner | Soldindirect | 35,300 | $1.9M |
Who owns KNTK
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Blackstone Inc.13D, may seek influence with 12 related filers | 65% | March 11, 2024 |
| ISQ Global Fund II GP LLC13D, may seek influence with 4 related filers | 15.8% | October 15, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 325 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Blackstone Inc. | 11,918,786 | 0 |
| BlackRock, Inc. | 8,595,744 | +1,585,075 |
| Goldman Sachs Group Inc | 4,260,188 | +369,079 |
| Vanguard Portfolio Management LLC | 3,242,907 | +389,926 |
| Vanguard Capital Management LLC | 2,408,767 | +292,381 |
| State Street Corp | 1,998,756 | +286,476 |
| Citadel Advisors LLC | 1,835,829 | +129,095 |
| Invesco Ltd. | 1,834,178 | +33,380 |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | 1,752,000 | -122,000 |
| Clearbridge Investments, LLC | 1,419,099 | +21,170 |
| Geode Capital Management, LLC | 1,327,945 | +217,218 |
| Neuberger Berman Group LLC | 1,256,175 | -788,063 |
| Principal Financial Group Inc | 1,188,389 | +168,232 |
| UBS Group AG | 1,155,740 | -708,943 |
| Yaupon Capital Management LP | 1,002,184 | new |
| Bank of America Corp | 1,001,272 | +145,602 |
| Barclays PLC | 978,263 | +596,506 |
| Zimmer Partners, LP | 838,050 | +704,900 |
| Nomura Asset Management International Inc. | 824,217 | -25,753 |
| RR Advisors, LLC | 797,999 | +220,063 |
Insiders
12 insiders reported holding 6,271,653 shares in total, about $315.7M at the last price.
| Holder | Shares |
|---|---|
| Welch JamieSee Remarks, Director | 3,788,108 |
| ISQ Global Fund II GP LLC10% owner | 961,114961,114 held indirectly |
| Wall MatthewSee Remarks | 597,720 |
| Stellato StevenSee Remarks | 404,228 |
| Howard TrevorSee Remarks | 260,641 |
| McCarthy Kevin SDirector | 112,322 |
| Ellis LindsaySee Remarks | 56,636 |
| Leland D MarkDirector | 30,478 |
| Byers Deborah LDirector | 24,389 |
| Sugg Laura ADirector | 20,910 |
Questions about KNTK
What does Kinetik Holdings Inc. do?
Kinetik Holdings Inc. is a company in the Utilities sector, listed on NYSE as KNTK. Its shares trade on NYSE under the ticker KNTK.
What is Kinetik Holdings Inc.'s net worth?
Kinetik Holdings Inc. has a market value (market cap) of $8.2B at the latest share price, and shareholders' equity of -$1.4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Kinetik Holdings Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $213.2M on revenue of $2B, a net margin of 10.7%.
How much revenue does Kinetik Holdings Inc. make?
Over the twelve months to September 30, 2026 Kinetik Holdings Inc. reported revenue of $2B. That is 15.8% more than a year earlier.
When did Kinetik Holdings Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Kinetik Holdings Inc.'s next earnings report?
Kinetik Holdings Inc.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Kinetik Holdings Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.