2025 fourth quarter and full year earnings per share of $1.68 and $6.33, respectively Inland marine fourth quarter utili zation improved throughout the quarter , averaging in the mid to high -80% range for the quarter with further improvement into t he low 90% r ange already seen in the 2026 first quarter Steady market conditions in coastal marine with operating margins around 20% Power generation revenue increased 10% sequentially and 47% year-over-year, driven by strong order activity and large project wins Kirby repurchased 1,030,729 shares at an average price of $98.53 for $101.6 million and reduced debt balances by $130 million in the 2025 fourth quarter 2026 earnings per share expected to be flat to up 12% year-over-year HOUSTON, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2025, of $91.8 million or $1.68 per share, compared with net earnings of $42.8 million, or $0.74 per share for the 2024 fourth quarter. Excluding one-time charges and credits, 2024 fourth quarter net earnings attributable to Kirby were $74.9 million or $1.29 per share.
