Knife River Q3 net income falls to $137.9 million; Q3 revenue rises 6% to $1.28 billion

• Knife River's third-quarter 2026 net income fell to $137.9 million from a year earlier.
• Revenue rose 6% year over year to $1.28 billion.
• Contracting services backlog declined 14% year over year to $857.2 million at September 30, with lower expected margins.
• Full-year 2026 revenue guidance was updated to $3.38 billion–$3.43 billion to reflect continued near-term headwinds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Knife River Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261103781039) on November 03, 2026, and is solely responsible for the information contained therein.