Knife River Corporation (KNF) Revenue History
Annual and quarterly revenue from 2021 to present
KNF Revenue Over Time (2021–2025)
KNF Revenue Growth History
4 of 4 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- +13.7%
- FY2023 revenue growth
- +11.7%
- FY2024 revenue growth
- +2.4%
- FY2025 revenue growth
- +8.5%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $410.1M | +16.0% |
| Q4 2025 | $755.1M | +14.9% |
| Q3 2025 | $1.20B | +8.9% |
| Q2 2025 | $833.8M | +3.3% |
| Q1 2025 | $353.5M | +7.2% |
| Q4 2024 | $657.2M | +1.6% |
| Q3 2024 | $1.11B | +1.4% |
| Q2 2024 | $806.9M | +2.8% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
KNF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
KNF Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 29, 2026, Knife River Corporation (KNF) generated trailing twelve-month (TTM) revenue of $3.20 billion, reflecting strong growth of +16.0% year-over-year. The most recent quarter (Q1 2026) recorded $410.1 million in revenue, down 45.7% sequentially.
Historical Growth Trajectory
KNF's historical revenue data shows a 3-year CAGR of +7.5%. Knife River Corporation's highest annual revenue of $3.15 billion was recorded in 2025, an all-time high.
Revenue by Segment
KNF's revenue is primarily driven by Ready-Mix Concrete (37%), Aggregates (29%), and Asphalt (20%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Basic Materials sector peers — including MLM (-1.3% YoY), VMC (+7.3% YoY), and USLM (+9.5% YoY) — KNF has underperformed the peer group in revenue growth. Compare KNF vs MLM →
KNF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| KNFCurrent | $3.2B | +16.0% | - | 9.1% | |
 MLM | $6.5B | -1.3% | +6.7% | 23.3% | |
 VMC | $7.9B | +7.3% | +10.3% | 20.1% | |
 USLM | $373M | +9.5% | +18.3% | 42.4% | |
 CRH | $37.4B | +65.7% | +10.7% | 14.2% | |
 EXP | $2.3B | +2.1% | +7.3% | 24.3% |
KNF Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.15B | +8.5% | $577.3M | 18.4% | $285.8M | 9.1% |
| 2024 | $2.90B | +2.4% | $569.8M | 19.7% | $316.2M | 10.9% |
| 2023 | $2.83B | +11.7% | $538.9M | 19.0% | $296.4M | 10.5% |
| 2022 | $2.53B | +13.7% | $360.9M | 14.2% | $194.3M | 7.7% |
| 2021 | $2.23B | - | $346.9M | 15.6% | $191.1M | 8.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
KNF — Frequently Asked Questions
Quick answers to the most common questions about buying KNF stock.
Is KNF's revenue growth accelerating or slowing?
KNF revenue growth is accelerating. TTM revenue reached $3.2B, up +16.0% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is KNF's revenue history from 2021 to 2026?
Knife River Corporation (KNF) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $3.2B, growing at +16.0% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is KNF's long-term revenue growth rate (CAGR)?
Knife River Corporation's 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +16.0% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for KNF.
Why does KNF's quarterly revenue fluctuate?
KNF quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Knife River Corporation's revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is KNF's revenue distributed by segment?
KNF reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does KNF's revenue compare to industry peers?
Knife River Corporation (KNF) with TTM revenue of $3.2B and +16.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.