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Side-by-side financial comparison of KNOT Offshore Partners LP (KNOP) and SONIDA SENIOR LIVING, INC. (SNDA). Click either name above to swap in a different company.

SONIDA SENIOR LIVING, INC. is the larger business by last-quarter revenue ($97.7M vs $87.1M, roughly 1.1× KNOT Offshore Partners LP). KNOT Offshore Partners LP runs the higher net margin — 7.8% vs -30.5%, a 38.3% gap on every dollar of revenue. On growth, KNOT Offshore Partners LP posted the faster year-over-year revenue change (17.0% vs 6.2%).

KNOT Offshore Partners LP is a publicly traded master limited partnership focused on owning, operating and chartering purpose-built shuttle tankers. It serves offshore oil and gas production operators across key markets including the North Sea, Brazil and West Africa, supporting marine logistics for offshore energy extraction.

Sonida Senior Living, Inc. is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third ...

KNOP vs SNDA — Head-to-Head

Bigger by revenue
SNDA
SNDA
1.1× larger
SNDA
$97.7M
$87.1M
KNOP
Growing faster (revenue YoY)
KNOP
KNOP
+10.8% gap
KNOP
17.0%
6.2%
SNDA
Higher net margin
KNOP
KNOP
38.3% more per $
KNOP
7.8%
-30.5%
SNDA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
KNOP
KNOP
SNDA
SNDA
Revenue
$87.1M
$97.7M
Net Profit
$6.8M
$-29.8M
Gross Margin
Operating Margin
25.5%
-30.8%
Net Margin
7.8%
-30.5%
Revenue YoY
17.0%
6.2%
Net Profit YoY
153.0%
-441.0%
EPS (diluted)
$-1.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KNOP
KNOP
SNDA
SNDA
Q4 25
$97.7M
Q3 25
$98.0M
Q2 25
$87.1M
$93.5M
Q1 25
$91.9M
Q4 24
$91.9M
Q3 24
$74.8M
Q2 24
$74.4M
$70.2M
Q1 24
$67.4M
Net Profit
KNOP
KNOP
SNDA
SNDA
Q4 25
$-29.8M
Q3 25
$-26.9M
Q2 25
$6.8M
$-1.6M
Q1 25
$-12.5M
Q4 24
$-5.5M
Q3 24
$-13.8M
Q2 24
$-12.9M
$-9.8M
Q1 24
$27.0M
Operating Margin
KNOP
KNOP
SNDA
SNDA
Q4 25
-30.8%
Q3 25
-27.8%
Q2 25
25.5%
-2.0%
Q1 25
21.9%
Q4 24
-6.7%
Q3 24
-19.0%
Q2 24
1.8%
-13.9%
Q1 24
22.1%
Net Margin
KNOP
KNOP
SNDA
SNDA
Q4 25
-30.5%
Q3 25
-27.4%
Q2 25
7.8%
-1.7%
Q1 25
-13.6%
Q4 24
-6.0%
Q3 24
-18.4%
Q2 24
-17.3%
-14.0%
Q1 24
40.1%
EPS (diluted)
KNOP
KNOP
SNDA
SNDA
Q4 25
$-1.73
Q3 25
$-1.56
Q2 25
$-0.16
Q1 25
$-0.77
Q4 24
$-0.86
Q3 24
$-0.98
Q2 24
$-0.86
Q1 24
$2.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KNOP
KNOP
SNDA
SNDA
Cash + ST InvestmentsLiquidity on hand
$66.3M
$11.0M
Total DebtLower is stronger
$914.5M
$689.7M
Stockholders' EquityBook value
$-11.0K
Total Assets
$1.6B
$844.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KNOP
KNOP
SNDA
SNDA
Q4 25
$11.0M
Q3 25
$17.0M
Q2 25
$66.3M
$14.1M
Q1 25
$14.0M
Q4 24
$17.0M
Q3 24
$24.9M
Q2 24
$56.6M
$9.5M
Q1 24
$24.2M
Total Debt
KNOP
KNOP
SNDA
SNDA
Q4 25
$689.7M
Q3 25
$684.4M
Q2 25
$914.5M
$677.9M
Q1 25
$650.9M
Q4 24
$651.4M
Q3 24
$604.1M
Q2 24
$895.4M
$583.8M
Q1 24
$578.1M
Stockholders' Equity
KNOP
KNOP
SNDA
SNDA
Q4 25
$-11.0K
Q3 25
$29.8M
Q2 25
$56.7M
Q1 25
$58.8M
Q4 24
$71.8M
Q3 24
$77.5M
Q2 24
$-34.1M
Q1 24
$-41.4M
Total Assets
KNOP
KNOP
SNDA
SNDA
Q4 25
$844.8M
Q3 25
$854.8M
Q2 25
$1.6B
$849.8M
Q1 25
$824.5M
Q4 24
$841.9M
Q3 24
$796.2M
Q2 24
$1.5B
$652.2M
Q1 24
$636.3M
Debt / Equity
KNOP
KNOP
SNDA
SNDA
Q4 25
Q3 25
22.99×
Q2 25
11.96×
Q1 25
11.08×
Q4 24
9.07×
Q3 24
7.79×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KNOP
KNOP
SNDA
SNDA
Operating Cash FlowLast quarter
$-400.0K
Free Cash FlowOCF − Capex
$-9.3M
FCF MarginFCF / Revenue
-9.5%
Capex IntensityCapex / Revenue
9.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KNOP
KNOP
SNDA
SNDA
Q4 25
$-400.0K
Q3 25
$12.0M
Q2 25
$8.9M
Q1 25
$3.8M
Q4 24
$-3.1M
Q3 24
$3.0M
Q2 24
$2.5M
Q1 24
$-4.1M
Free Cash Flow
KNOP
KNOP
SNDA
SNDA
Q4 25
$-9.3M
Q3 25
$3.0M
Q2 25
$1.9M
Q1 25
$-4.5M
Q4 24
$-10.4M
Q3 24
$-5.1M
Q2 24
$-1.7M
Q1 24
$-9.9M
FCF Margin
KNOP
KNOP
SNDA
SNDA
Q4 25
-9.5%
Q3 25
3.0%
Q2 25
2.1%
Q1 25
-4.9%
Q4 24
-11.3%
Q3 24
-6.8%
Q2 24
-2.4%
Q1 24
-14.6%
Capex Intensity
KNOP
KNOP
SNDA
SNDA
Q4 25
9.1%
Q3 25
9.2%
Q2 25
7.5%
Q1 25
9.1%
Q4 24
7.9%
Q3 24
10.8%
Q2 24
5.9%
Q1 24
8.5%
Cash Conversion
KNOP
KNOP
SNDA
SNDA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KNOP
KNOP

Segment breakdown not available.

SNDA
SNDA

Health Care Resident Service$86.3M88%
Community Reimbursement Revenue$10.3M11%
Management Service$1.1M1%

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