Kimbell Royalty Partners, LP (KRP) Financial Statements — Income, Balance Sheet, Cash Flow

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Financial Statements — KRP

Balance Sheet

(in billions USD)

Metric	Q2 2026	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021	Q1 2021
Cash & Equivalents	0.04	0.04	0.04	0.03	0.04	0.03	0.03	0.04	0.04	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Total Current Assets	0.10	0.08	0.09	0.09	0.10	0.09	0.09	0.10	0.11	0.07	0.06	0.07	0.07	0.06	0.04	0.04	0.03
Property, Plant & Equipment	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-current Assets*	1.23	1.11	1.17	1.20	1.23	1.12	1.15	1.19	1.28	0.86	0.99	0.76	0.77	0.79	0.51	0.52	0.53
Total Assets	1.33	1.19	1.25	1.28	1.33	1.21	1.24	1.29	1.39	0.93	1.05	0.82	0.84	0.84	0.56	0.56	0.56
Accounts Payable	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.02	0.01	0.01	0.03	0.04	0.05	0.04	0.03	0.02
Total Non-current Liabilities*	0.48	0.45	0.45	0.47	0.31	0.25	0.27	0.29	0.31	0.27	0.24	0.22	0.23	0.25	0.20	0.17	0.18
Total Liabilities	0.50	0.46	0.47	0.48	0.32	0.27	0.28	0.30	0.33	0.28	0.24	0.25	0.28	0.29	0.25	0.20	0.20
Total Stockholder Equity*	0.83	0.73	0.78	0.80	1.00	0.94	0.96	0.99	1.06	0.65	0.80	0.57	0.56	0.55	0.31	0.36	0.37

* Derived from reported values

Income Statement

(in millions USD)

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Total Revenue	112.48	65.54	82.45	80.62	86.55	84.21	66.72	83.79	76.57	82.23	83.95	69.24	56.98	66.92	68.67	72.92	72.71	33.75	55.68	31.79
Selling, General & Admin	10.22	9.39	10.38	10.07	9.57	9.64	9.37	9.47	10.25	9.45	9.12	10.36	7.93	8.28	7.19	7.48	7.87	6.59	6.73	6.77
Operating Income	59.68	15.80	32.62	28.85	37.79	33.58	(38.66)	34.20	23.89	17.56	26.62	25.29	24.64	33.33	38.87	46.00	43.91	8.14	31.64	10.10
Interest Expense	--	--	--	--	--	--	--	--	--	7.30	7.47	6.68	6.34	5.46	3.95	3.67	3.32	2.88	2.49	2.50
Pretax Income	51.28	7.65	23.50	19.07	28.84	26.94	(44.62)	27.71	16.95	10.26	19.15	18.61	18.71	30.30	36.14	43.62	45.10	8.68	30.80	7.47
Tax Provision	3.98	0.70	(1.30)	(3.26)	2.17	1.09	(5.36)	1.91	1.76	0.92	1.33	0.13	0.91	1.40	0.89	(0.22)	1.80	0.27	--	--
Net Income	47.30	6.94	24.80	22.32	26.67	25.85	(39.26)	25.81	15.19	9.34	17.83	18.48	17.80	28.90	35.25	43.85	43.29	8.41	30.72	7.47

Cash Flow Statement

(in millions USD)

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Operating Cash Flow	68.30	49.43	57.23	62.76	72.32	54.15	56.57	62.42	62.88	69.05	59.31	36.39	31.52	47.05	38.63	51.55	40.42	36.03	22.36	25.12
Capital Expenditures	44.26	--	0.00	0.01	0.13	222.62	0.00	0.00	0.00	0.02	0.53	445.96	43.89	0.28	140.85	0.00	0.03	0.41	54.78	0.00
Free Cash Flow*	24.04	--	57.23	62.76	72.19	(168.47)	56.57	62.42	62.88	69.02	58.78	(409.57)	(12.37)	46.77	(102.22)	51.55	40.39	35.62	(32.42)	25.12
Investing Cash Flow	(44.35)	(0.01)	(0.07)	(0.12)	(0.34)	(222.95)	(0.03)	(0.04)	(0.04)	(0.09)	(0.56)	(446.00)	200.20	(0.32)	(140.73)	(0.04)	3.36	(237.31)	(54.82)	0.27
Financing Cash Flow	(16.19)	(56.23)	(53.18)	(57.17)	(73.08)	170.26	(57.07)	(58.61)	(71.58)	(60.27)	(67.28)	428.36	(230.12)	(52.58)	110.02	(48.50)	(43.22)	207.77	26.81	(25.65)

* Derived from reported values