Knife River NYSE: KNF reported second-quarter revenue growth of 13% year over year as it converted a record backlog into higher sales, while adjusted EBITDA was flat on a reported basis amid higher diesel costs, weather-related project delays and lower-margin contracting work.
Knife River Corporation (KNF) Q2 2026 Earnings Call Transcript
The headline numbers for Knife River (KNF) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 109 | $8,984.65 | $7,389.11 | -$1,595.54 | -17.76% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 12,938 | $1.08M | $864,258.4 | -$218,008.6 | -20.14% |
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 2,735 | $229,000 | $186,390.25 | -$42,609.75 | -18.61% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 75 | $6,123.75 | $5,111.25 | -$1,012.5 | -16.53% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 2,794 | $240,256.06 | $186,639.2 | -$53,616.86 | -22.32% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Timna Tanners Wells Fargo | -76.25 | $5,880.74 | $5,062.96 | $817.78 | 13.91% |
| Construction Materials Industry | Materials Sector | Brian R. Gray CEO | NYSE Exchange | 498894104 CUSIP |
| US Country | 5,298 Employees | - Last Dividend | - Last Split | 1 Jun 2023 IPO Date |
Knife River Corporation, established in 1917 and headquartered in Bismarck, North Dakota, operates as a comprehensive provider of construction materials and contracting services across the United States. With a diverse operational strategy, the company is segmented into Pacific, Northwest, Mountain, Central, and Energy Services divisions. Its core business focuses on serving both public and private sectors, catering to a wide range of customers from federal, state, and municipal governments to industrial, commercial, and residential developers. Knife River Corporation is dedicated to supporting infrastructure development by offering high-quality materials and specialized construction services.
Knife River Corporation specializes in mining, processing, and selling construction aggregates such as crushed stone, sand, and gravel. These base materials are essential for various construction projects, including road building, landscaping, and as foundational materials for buildings and other structures.
The company manufactures and markets asphalt and ready-mix concrete, addressing the needs for durable and reliable infrastructure materials. Asphalt is used primarily for road construction and maintenance, whereas ready-mix concrete serves a broader array of construction applications from bridges to buildings.
Knife River provides an array of contracting services, including heavy-civil construction, asphalt and concrete paving, as well as site development and grading. These services are crucial for the execution of complex infrastructure projects, ensuring they are completed with precision and efficiency.
In addition to its core products, the company also sells cement, a wide range of building materials, merchandise, and related services. This diversification allows Knife River to be a one-stop shop for its customers, providing everything required for construction projects under one roof.