KNOT Offshore Partners LP Files 6-K for Q2 2025

Ticker: KNOP · Form: 6-K · Filed: Sep 29, 2025 · CIK: 1564180

Sentiment: neutral

Topics: financial-update, liabilities, sec-filing

TL;DR

KNOT Offshore Partners LP Q2 2025 6-K shows $63.5M current liabilities, $120.3M total current liabilities.

AI Summary

KNOT Offshore Partners LP filed a 6-K report for the period ending June 30, 2025. The filing includes financial data such as current accrued liabilities of $63,501,000 and total current liabilities of $120,327,000. It also references financial instruments and rates, including SOFR.

Why It Matters

This filing provides a snapshot of KNOT Offshore Partners LP's financial position as of June 30, 2025, offering insights into its liabilities and financial instruments.

Risk Assessment

Risk Level: low — This is a routine 6-K filing providing financial updates and does not indicate any immediate or significant risks.

Key Numbers

Key Players & Entities

FAQ

What is the total amount of current liabilities reported by KNOT Offshore Partners LP as of June 30, 2025?

As of June 30, 2025, KNOT Offshore Partners LP reported total current liabilities of $120,327,000.

What were the current accrued liabilities for KNOT Offshore Partners LP on June 30, 2025?

The current accrued liabilities for KNOT Offshore Partners LP on June 30, 2025, were $63,501,000.

What is the filing type and reporting period for accession number 0001104659-25-094189?

The filing type is a 6-K, and the conformed period of report is June 30, 2025.

What is the primary business of KNOT Offshore Partners LP according to the filing?

According to the filing, KNOT Offshore Partners LP is in the WATER TRANSPORTATION industry (SIC code 4400).

What financial rate is referenced in the filing related to swaps?

The filing references the Secured Overnight Financing Rate (SOFR) and SOFR Overnight Index Swap Rate.

Filing Stats: 4,668 words · 19 min read · ~16 pages · Grade level 15.7 · Accepted 2025-09-29 09:18:16

Filing Documents

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 35

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS 47 EXHIBITS 50 SIGNATURE 51 THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO THE FOLLOWING REGISTRATION STATEMENTS: FORM F-3 (NO. 333-274460) ORIGINALLY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ("SEC") ON SEPTEMBER 11, 2023. FORM F-3 (NO. 333-227942) ORIGINALLY FILED WITH THE SEC ON OCTOBER 23, 2018. 2 Table of Contents Unaudited Condensed Consolidated Statements of Operations For the Three and Six Months Ended June 30, 2025 and 2024 (U.S. Dollars in thousands, except per unit amounts) Three Months Ended Six Months Ended June 30, June 30, (U.S. Dollars in thousands) 2025 2024 2025 2024 Operating revenues: (Notes 3 and 4) Time charter and bareboat revenues $ 85,920 $ 73,437 $ 168,911 $ 146,799 Voyage revenues — 351 466 3,066 Loss of hire insurance recoveries (Note 5) 607 78 607 78 Other income 533 554 1,105 1,109 Total revenues 87,060 74,420 171,089 151,052 Gain from disposals of assets — — 1,342 — Operating expenses: Vessel operating expenses 33,005 26,952 63,614 52,861 Voyage expenses and commission 944 584 1,711 2,219 Depreciation 29,372 27,748 58,135 55,490 Impairment (Note 20) — 16,384 — 16,384 General and administrative expenses 1,555 1,426 3,351 3,063 Total operating expenses 64,876 73,094 126,811 130,017 Operating income 22,184 1,326 45,620 21,035 Finance income (expense): (Note 6) Interest income 903 897 1,651 1,725 Interest expense (Note 6) ( 15,316 ) ( 16,863 ) ( 30,218 ) ( 34,328 ) Other finance income (expense) (Note 6) ( 199 ) 177 ( 351 ) ( 92 ) Realized and unrealized gain (loss) on derivative instruments (Note 7) ( 370 ) 1,797 ( 1,714 ) 6,799 Net gain (loss) on foreign currency transactions ( 267 ) 28 107 ( 198 ) Total finance expense ( 15,249 ) ( 13,964 ) ( 30,525 ) ( 26,094 ) Income (loss) before

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