KNOT Offshore Partners management says Q2 2026 earnings fall as higher depreciation offsets added vessels and insurance recoveries

• In management commentary for the quarter ended June 30, 2026, KNOT Offshore Partners posted net income of USD 3.41 million, down from USD 6.81 million.
• Revenue rose to USD 96.78 million from USD 87.06 million, driven mainly by fleet additions, partly offset by drydockings.
• Operating costs climbed as more vessels operated on time charters, with higher drydocking activity contributing to the increase.
• Depreciation jumped to USD 42.09 million from USD 29.37 million, reflecting a shorter useful-life estimate applied from January 1, 2026.
• Interest expense fell to USD 13.8 million from USD 15.32 million on debt repayment and lower SOFR, lifting finance costs performance.

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. KNOT Offshore Partners LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-106128), on September 09, 2026, and is solely responsible for the information contained therein.