Knife River (KNF) Revenue & Revenue Breakdown


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Knife River Revenue Highlights


Latest Revenue (Y)

$2.90B

Latest Revenue (Q)

$833.73M

Main Segment (Y)

Ready-mix concrete

Main Geography (Y)

Central, Segment

Knife River Revenue by Period


Knife River Revenue by Year

DateRevenueChange
2024-12-31$2.90B2.43%
2023-12-31$2.83B11.66%
2022-12-31$2.53B13.72%
2021-12-31$2.23B2.34%
2020-12-31$2.18B-

Knife River generated $2.90B in revenue during NA 2024, up 2.43% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Knife River Revenue by Quarter

DateRevenueChange
2025-06-30$833.73M135.87%
2025-03-31$353.47M-46.22%
2024-12-31$657.22M-40.54%
2024-09-30$1.11B36.98%
2024-06-30$806.91M144.82%
2024-03-31$329.59M-49.05%
2023-12-31$646.90M-40.67%
2023-09-30$1.09B38.87%
2023-06-30$785.20M155.02%
2023-03-31$307.90M-42.72%
2022-12-31$537.52M-44.89%
2022-09-30$975.43M37.03%
2022-06-30$711.81M129.64%
2022-03-31$309.97M-

Knife River generated $833.73M in revenue during Q2 2025, up 135.87% compared to the previous quarter, and up 252.96% compared to the same period a year ago.

Knife River Revenue Breakdown


Knife River Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23
Aggregates$556.15M$547.87M
Ready-mix concrete$655.44M$653.94M
Other$265.82M$249.03M
Asphalt$441.44M$452.42M

Knife River's latest annual revenue breakdown by segment (product or service), as of Dec 24: Ready-mix concrete (34.16%), Aggregates (28.98%), Asphalt (23.01%), and Other (13.85%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Jun 23
Ready-mix concrete$205.98M$108.46M$342.13M$213.46M$99.86M-
Aggregates$165.96M$81.39M$278.39M$193.48M$84.27M-
Asphalt$110.83M$16.13M$209.92M$215.05M$16.47M-
Other$79.55M$43.49M$137.10M$89.70M$39.01M-
Service-----$353.44M
Product-----$431.75M

Knife River's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Ready-mix concrete (36.63%), Aggregates (29.51%), Asphalt (19.71%), and Other (14.15%).

Knife River Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23
Central, Segment$1.03B$824.91M
Northwest Segment$800.08M$663.68M

Knife River's latest annual revenue breakdown by geography, as of Dec 24: Central, Segment (56.32%), and Northwest Segment (43.68%).

Quarterly Revenue by Country

CountryJun 25Mar 25Dec 24Sep 24Mar 24Jun 23
Central Segment$255.06M$67.84M$354.81M$60.96M--
Energy Services Segment$85.89M$12.23M----
Mountain Segment$176.12M$65.99M----
West Segment$317.19M$208.02M----
Northwest Segment--$463.11M$217.82M$119.15M-
Northwest-----$178.73M
Pacific-----$142.16M

Knife River's latest quarterly revenue breakdown by geography, as of Jun 25: West Segment (38.02%), Central Segment (30.57%), Mountain Segment (21.11%), and Energy Services Segment (10.30%).

KNF Revenue FAQ


What is Knife River’s yearly revenue?

Knife River's yearly revenue for 2024 was $2.9B, representing an increase of 2.43% compared to 2023. The company's yearly revenue for 2023 was $2.83B, representing an increase of 11.66% compared to 2022. KNF's yearly revenue for 2022 was $2.53B, representing an increase of 13.72% compared to 2021.

What is Knife River’s quarterly revenue?

Knife River's quarterly revenue for Q2 2025 was $833.73M, a 135.87% increase from the previous quarter (Q1 2025), and a 3.32% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $353.47M, a -46.22% decrease from the previous quarter (Q4 2024), and a 7.25% increase year-over-year (Q1 2024). KNF's quarterly revenue for Q4 2024 was $657.22M, a -40.54% decrease from the previous quarter (Q3 2024), and a 1.59% increase year-over-year (Q4 2023).

What is Knife River’s revenue growth rate?

Knife River's revenue growth rate for the last 3 years (2022-2024) was 14.37%, and for the last 5 years (2020-2024) was 33.10%.

What are Knife River’s revenue streams?

Knife River's revenue streams in c 24 are Aggregates, Ready-mix concrete, Other, and Asphalt. Aggregates generated $556.15M in revenue, accounting 28.98% of the company's total revenue, up 1.51% year-over-year. Ready-mix concrete generated $655.44M in revenue, accounting 34.16% of the company's total revenue, up 0.23% year-over-year. Other generated $265.82M in revenue, accounting 13.85% of the company's total revenue, up 6.74% year-over-year. Asphalt generated $441.44M in revenue, accounting 23.01% of the company's total revenue, down -2.43% year-over-year.

What is Knife River’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Knife River was Ready-mix concrete. This segment made a revenue of $655.44M, representing 34.16% of the company's total revenue.