Knife River Q1 Revenue $410.1M Beats Expectations
Reports Q1 revenue $410.1M, consensus $387.04M. "We had a good start to 2026, improving year-over-year revenue by 16%, adjusted EBITDA by 16% and adjusted EBITDA margin by 290 basis points," said Knife River President and CEO Brian Gray. "We realized double-digit volume increases across our product lines and we reduced our per-unit costs, which drove gross profit improvements for aggregates, ready-mix and asphalt. We also generated more contracting services revenue than the same time last year, taking advantage of better weather and more activity across our segments."
