Knife River Corp — Form 8-K
Filed August 4, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 42/100
What the filing says
Knife River reported Q2 2026 revenue of $938.6M (up 13% YoY) with net income of $43.9M (down 13% YoY); contracting services revenue grew 20%. The company raised 2026 full-year guidance to $3,400–$3,600M revenue and $520–$560M Adjusted EBITDA. On May 15, 2026, Knife River issued $400M incremental Term Loan B; as of June 30, gross debt was $1,617.3M and net leverage stood at 3.2x trailing-twelve-month Adjusted EBITDA.
Why this rating
Revenue growth and raised guidance are positive; however, margin compression (EBITDA margin 14.9% vs 16.9% prior year), net loss YTD, and high leverage (3.2x) offset optimism. Material for a $4.6B company but not trajectory-changing.
See more from August 4, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.