KRP (Kimbell Royalty Partners, LP) Stock Financials & Earnings | Market Cap Arena

KRP (Kimbell Royalty Partners, LP) Stock Financials & Earnings | Market Cap Arena

KRPKimbell Royalty Partners, LP

Mkt Cap$2B

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NYSE

Revenue (TTM)$334M

Net Income (TTM)$91M

EPS (TTM)$0.66

Free Cash Flow (TTM)$23M

Gross Margin93.9%

Op. Margin39.8%

Net Margin27.2%

FCF Margin6.8%

P/S Ratio (TTM)4.7x

P/E Ratio (TTM)17.2x

YoY Rev Growth+7.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$58M	$36M	$33M
Q2 23	$59M	$34M	$25M
Q3 23	$72M	$44M	$25M
Q4 23	$85M	$43M	$27M
Q1 24	$88M	$43M	$18M
Q2 24	$78M	$39M	$24M
Q3 24	$74M	$38M	$34M
Q4 24	$71M	$35M	-$39M
Q1 25	$90M	$54M	$34M
Q2 25	$87M	$81M	$38M
Q3 25	$81M	$75M	$29M
Q4 25	$76M	$104M	$33M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	5.6x	10.8x
Q2 23	6.1x	12.7x
Q3 23	6.1x	15.7x
Q4 23	5.7x	23.5x
Q1 24	5.1x	30.3x
Q2 24	4.8x	31.1x
Q3 24	4.8x	26.8x
Q4 24	5.0x	127.3x
Q1 25	5.0x	58.0x
Q2 25	4.8x	39.4x
Q3 25	4.8x	42.7x
Q4 25	4.7x	17.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$47M	$47M
Q2 23	$32M	-$12M
Q3 23	$36M	-$410M
Q4 23	$59M	$59M
Q1 24	$69M	$69M
Q2 24	$63M	$63M
Q3 24	$62M	$62M
Q4 24	$57M	$57M
Q1 25	$54M	-$169M
Q2 25	$72M	$72M
Q3 25	$63M	$63M
Q4 25	$57M	$57M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$322K
Q2 23	$44M
Q3 23	$446M
Q4 23	$564K
Q1 24	$91K
Q2 24	$40K
Q3 24	$23K
Q4 24	$34K
Q1 25	$223M
Q2 25	$208K
Q3 25	$115K
Q4 25	$390K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-12.0%	-57.4%
Q2 23	-26.0%	-4.2%
Q3 23	-3.1%	+65.8%
Q4 23	+29.1%	+117.8%
Q1 24	+52.0%	+186.9%
Q2 24	+31.5%	+56.3%
Q3 24	+3.4%	-13.9%
Q4 24	-16.2%	+89.2%
Q1 25	+2.6%	-19.5%
Q2 25	+11.5%	-9.2%
Q3 25	+8.6%	+29.3%
Q4 25	+7.8%	-60.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$3M	5.5%
Q2 23	$3M	5.6%
Q3 23	$3M	4.6%
Q4 23	$3M	3.9%
Q1 24	$4M	4.2%
Q2 24	$0	0.0%
Q3 24	$4M	5.2%
Q4 24	$4M	5.3%
Q1 25	$4M	4.3%
Q2 25	$0	0.0%
Q3 25	$4M	5.2%
Q4 25	$21M	27.2%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$9M	$3M
Q2 23	$8M	$3M
Q3 23	$10M	$4M
Q4 23	$9M	$3M
Q1 24	$9M	$5M
Q2 24	$10M	$4M
Q3 24	$9M	$4M
Q4 24	$9M	$4M
Q1 25	$10M	$5M
Q2 25	$10M	$3M
Q3 25	$10M	$5M
Q4 25	$10M	$4M

Revenue Segments

Quarter	Lease bonus and other income	Oil, natural gas and NGL revenues
Q1 23	$437K	$57M
Q1 24	$439K	$87M
Q2 24	$660K	$77M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$19M	$0	$19M
Q2 23	$21M	$0	$21M
Q3 23	$40M	$0	$40M
Q4 23	$31M	$0	$31M
Q1 24	$40M	$0	$40M
Q2 24	$31M	$0	$31M
Q3 24	$35M	$0	$35M
Q4 24	$34M	$0	$34M
Q1 25	$36M	$0	$36M
Q2 25	$35M	$0	$35M
Q3 25	$40M	$0	$40M
Q4 25	$44M	$0	$44M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	80M	+14.1%
Q2 23	83M	+4.0%
Q3 23	95M	+14.5%
Q4 23	115M	+21.5%
Q1 24	72M	-37.5%
Q2 24	117M	+61.7%
Q3 24	116M	-0.2%
Q4 24	116M	-0.2%
Q1 25	128M	+10.1%
Q2 25	123M	-3.9%
Q3 25	118M	-3.8%
Q4 25	118M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	$361K	10
FY 17	$2M	14
FY 18	$4M	17
FY 19	$5M	23
FY 20	$4M	25
FY 21	$6M	28
FY 22	$11M	27
FY 23	$9M	29
FY 24	$11M	28
FY 25	$12M	29