Every 8-K that Kirby Corporation (KEX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow KEX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KEX filings page.
Kirby Corporation reported second quarter 2026 net earnings attributable to Kirby of $89.7 million, or $1.67 diluted EPS, unchanged from the prior-year quarter’s $1.67, with EPS up 11% sequentially. Total revenues were $922.4 million, up from $855.5 million in second quarter 2025.
Marine transportation revenues rose to $537.0 million, a 9% year-over-year increase, with operating income of $87.8 million and a 16.4% margin versus 20.1% a year ago, reflecting fuel cost headwinds and elevated shipyard activity despite inland barge utilization in the low-90% range and coastal utilization in the high-90% range. Distribution and services revenues grew 6% to $385.4 million, with operating income of $38.2 million and a 9.9% margin, supported by strong power generation and commercial and industrial demand.
EBITDA (non‑GAAP) was $199.7 million compared with $202.2 million a year earlier. Net cash provided by operating activities was $72.2 million and capital expenditures were $71.5 million, resulting in free cash flow (non‑GAAP) of $0.7 million. Kirby repurchased $59.7 million of shares in the quarter and $29.0 million more early in the third quarter, and continues to guide to full‑year EPS growth of 5%–15%, expecting results toward the upper end of that range.
Kirby Corporation reported solid first quarter 2026 growth and raised its full‑year outlook. Net earnings attributable to Kirby were $81.2 million, or $1.50 per share, up from $76.0 million, or $1.33 per share, a 13% earnings per share increase year-over-year. Total revenues rose to $844.1 million from $785.7 million, driven by improving marine transportation markets and double-digit growth in distribution and services.
Marine transportation revenues reached $497.2 million with an 18.0% operating margin, while distribution and services delivered $346.9 million of revenue with a 6.7% margin. EBITDA (non‑GAAP) increased to $183.1 million. The company generated $97.7 million of operating cash flow and $49.4 million of free cash flow, repurchased $52.7 million of stock, and agreed to acquire 23 barges and three high horsepower boats for $95.8 million.
Management increased its full‑year 2026 earnings per share growth guidance to a range of 5%–15%. Stockholders also approved amendments to the 2005 Stock and Incentive Plan, extending it to 2036, raising the annual cash cap on performance awards, and adding expanded forfeiture and clawback provisions. All director nominees were elected, executive compensation was approved on an advisory basis, and amendments to the 2000 Nonemployee Director Stock Plan were approved.
Kirby Corporation entered into a new amended and restated credit agreement that extends its main bank financing to March 26, 2031 and increases revolving credit commitments to $750 million. The prior term loan was removed, but Kirby can add new term loan and revolving commitments of up to an additional $500 million with lender consent. Borrowings bear interest at SOFR or a base rate plus margins that vary with Kirby’s credit rating, and unused commitments carry a tiered commitment fee. Key covenants include a minimum interest coverage ratio of 2.5x and a maximum debt-to-capitalization of 60%. Around $200 million was outstanding when the agreement took effect, used to refinance the prior facility, fund vessel equipment purchases, and support share repurchases; $20 million of that has already been repaid.
Kirby Corporation is expanding its Board of Directors from nine to ten members and has elected Tracy A. Embree as a new independent Class I director effective February 16, 2026. She will serve until the 2026 annual meeting of stockholders and is expected to stand for election in April.
Ms. Embree is the retired President of Otis Americas and previously held senior leadership roles at Cummins Inc., bringing more than 25 years of global industrial, manufacturing, and distribution experience. She will receive standard nonemployee director compensation, including an automatic grant of approximately $41,875 in restricted Kirby common stock and a prorated annual director fee of $21,250, with the restricted shares vesting six months after the grant date.
Kirby Corporation reported its results for the fourth quarter ended December 31, 2025 in a press release dated January 29, 2026, furnished with this report as Exhibit 99.1.
The release highlights several non-GAAP measures, including Adjusted EBITDA, earnings and diluted EPS excluding certain one-time items, and free cash flow. Kirby defines Adjusted EBITDA as net earnings attributable to Kirby before interest expense, income taxes, depreciation, amortization, and impairment of assets. Free cash flow is defined as net cash provided by operating activities less capital expenditures.
Management explains that these non-GAAP metrics are widely used by rating agencies, analysts, investors, and in Kirby’s incentive bonus plan, and that reconciliations to the comparable GAAP measures for the 2025 and 2024 fourth quarters and full years are included in the press release.
Kirby Corporation reported that it issued a press release announcing results for the third quarter ended September 30, 2025. The company furnished the release as Exhibit 99.1.
The announcement highlights several non-GAAP measures used by management and stakeholders. Kirby defines EBITDA as net earnings attributable to Kirby before interest expense, taxes on income, and depreciation and amortization, with a reconciliation included in the release. The company also presented measures excluding certain one-time items, including earnings before taxes, net earnings attributable to Kirby, and diluted EPS, each reconciled to GAAP. Additionally, Kirby disclosed free cash flow, defined as net cash provided by operating activities less capital expenditures, with a reconciliation provided.
Kirby Corporation’s board authorized the repurchase of up to an additional 8,000,000 shares of its common stock under its existing share repurchase authorization. As of September 5, 2025, the company had already repurchased 4,151,058 shares, and after the new approval, a total of 8,848,942 shares remained authorized for future repurchase.
Repurchases may occur from time to time in the open market or through privately negotiated and block transactions, including through Rule 10b5-1 trading plans and in accordance with Rule 10b-18. The program is open-ended, does not obligate Kirby to repurchase any particular amount of stock, and may be suspended, modified, or discontinued depending on cash generation, investment needs, debt repayment, stock price, market conditions, and other factors.
Kirby Corporation (KEX) filed an 8-K on 31 Jul 2025 announcing Item 2.02 results of operations for Q2 ended 30 Jun 2025. The company issued a press release (Exhibit 99.1) detailing quarterly performance; specific figures are not included in the filing itself.
The release discusses several non-GAAP measures used by management and external stakeholders: (1) EBITDA, defined as net earnings before interest, taxes, depreciation and amortisation; (2) adjusted pre-tax earnings, net earnings and diluted EPS, each excluding one-time items; and (3) free cash flow, calculated as operating cash flow minus capital expenditures. Kirby provides GAAP reconciliations for all measures in the press release.
Exhibit 104 covers the Inline XBRL cover page. No other material events, transactions or guidance changes are disclosed.