BKV Corporation (BKV) Income Statement
BKV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBKV revenue and net income
Where BKV's revenue goes
2025Each bar shows an amount and its share of revenue. BKV kept 19.3% of revenue as net income.
BKV profit margins
BKV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +48.2% | −18.6% | +48.9% | — |
| Gross profit | −26.7% | −43.1% | +51.8% | — |
| Operating income | — | −19.4% | — | — |
| Net income | — | −25.0% | — | — |
| EPS (diluted) | — | −31.2% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BKV quarterly EPS vs estimates
BKV beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.30).
BKV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $895.6M | $604.5M | $739.3M | $1.66B | $889.5M | $122.5M |
| Cost of revenue | $611.9M | $217.5M | $223.4M | $118.9M | $92.3M | $87.3M |
| Gross profit | $283.7M | $387.0M | $515.9M | $1.54B | $797.3M | $35.2M |
| Sales, general & admin | $124.4M | $241.5M | $265.3M | $280.1M | $172.6M | $60.7M |
| Total operating expenses | $124.4M | $541.8M | $358.3M | $1.24B | $776.9M | $45.1M |
| Operating income | $159.3M | −$154.8M | $157.6M | $304.6M | $20.3M | −$9.9M |
| Interest income | $1.6M | $3.9M | $3.1M | $1.1M | $8,000 | $121,000 |
| Interest expense | $42.8M | $50.8M | $77.0M | $37.2M | $2.1M | $1.7M |
| Income before taxes | $210.3M | −$186.5M | $145.1M | $472.8M | −$175.0M | −$4.4M |
| Income taxes | $35.4M | −$43.6M | $28.2M | $62.7M | −$40.5M | $39.0M |
| Net income | $173.1M | −$142.9M | $116.9M | $410.1M | −$138.2M | −$43.3M |
| EBITDA | $412.0M | $82.2M | $446.6M | $640.0M | −$74.0M | $87.5M |
| EPS (diluted) | $1.59 | −$1.16 | $1.39 | $4.88 | −$1.64 | — |
| Gross margin | 31.7% | 64.0% | 69.8% | 92.8% | 89.6% | 28.7% |
| Operating margin | 17.8% | −25.6% | 21.3% | 18.3% | 2.3% | −8.1% |
| Net margin | 19.3% | −23.6% | 15.8% | 24.7% | −15.5% | −35.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $465.5M | $379.7M | $241.1M | $197.1M | $204.3M | $225.8M | $174.3M | $137.8M | $137.6M | $154.9M | $187.8M | $182.1M |
| Cost of revenue | $241.3M | $290.2M | $174.0M | $37.9M | $38.0M | $40.0M | $48.7M | $57.4M | $59.3M | $52.2M | $92.7M | $52.3M |
| Gross profit | $224.3M | $89.6M | $67.1M | $159.2M | $166.2M | $185.8M | $125.6M | $80.4M | $78.3M | $102.7M | $95.1M | $129.8M |
| Sales, general & admin | $91.5M | $42.1M | $37.8M | $75.8M | $64.7M | $66.8M | $65.7M | $67.2M | $53.5M | $55.1M | $70.2M | $61.9M |
| Total operating expenses | $102.6M | $56.6M | $37.8M | $151.8M | $37.8M | $279.5M | $181.8M | $101.4M | $121.5M | $137.8M | $38.6M | $135.1M |
| Operating income | $121.7M | $32.9M | $29.2M | $7.4M | $128.4M | −$93.7M | −$56.3M | −$21.0M | −$43.2M | −$35.1M | $56.5M | −$5.3M |
| Interest income | $2.2M | $1.5M | $991,000 | $274,000 | $162,000 | $149,000 | $253,000 | $202,000 | $1.8M | $1.6M | $1.6M | $419,000 |
| Interest expense | $28.9M | $27.1M | $11.7M | $6.5M | $5.5M | $5.1M | $5.1M | $10.5M | $17.0M | $18.1M | $17.5M | $22.1M |
| Income before taxes | $97.5M | $63.3M | $87.8M | $97.7M | $132.6M | −$107.9M | −$71.0M | $24.2M | −$88.1M | −$51.6M | $42.7M | $23.7M |
| Income taxes | $20.1M | $11.5M | $16.7M | $20.0M | $27.9M | −$29.2M | −$13.5M | $11.3M | −$28.4M | −$13.0M | $5.2M | $5.2M |
| Net income | $75.8M | $44.1M | $70.4M | $76.8M | $104.6M | −$78.7M | −$57.5M | $12.9M | −$59.7M | −$38.6M | $37.5M | $18.6M |
| EBITDA | $180.4M | $144.6M | $142.2M | $142.2M | $176.2M | −$62.7M | −$17.1M | $92.2M | −$11.7M | $18.8M | $153.3M | $98.2M |
| EPS (diluted) | $0.46 | $0.22 | $0.29 | $0.50 | $0.39 | $0.41 | $0.01 | −$0.27 | −$0.90 | — | — | — |
| Gross margin | 48.2% | 23.6% | 27.8% | 80.8% | 81.4% | 82.3% | 72.1% | 58.4% | 56.9% | 66.3% | 50.6% | 71.3% |
| Operating margin | 26.1% | 8.7% | 12.1% | 3.8% | 62.9% | −41.5% | −32.3% | −15.2% | −31.4% | −22.6% | 30.1% | −2.9% |
| Net margin | 16.3% | 11.6% | 29.2% | 39.0% | 51.2% | −34.8% | −33.0% | 9.3% | −43.4% | −24.9% | 20.0% | 10.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BKV's financial statements (latest annual report filed March 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BKV financial results
In fiscal year 2025 (ended December 31, 2025), BKV reported revenue of $895.6 million, up 48.2% from the year before. It had net income of $173.1 million, a net profit margin of 19.3%. Diluted earnings per share came to $1.59. Over five years revenue grew at an average rate of 48.9% a year.
See the BKV stock overview for the latest quote and news, or the BKV chart for price history and technical indicators.
BKV income statement FAQ
What is BKV's annual revenue?
BKV reported total revenue of $895.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 48.2% from $604.5 million the previous year.
Is BKV profitable?
Yes. BKV reported net income of $173.1 million in fiscal 2025, a net profit margin of 19.3%; its operating margin was 17.8%.
What is BKV's gross margin?
BKV's gross margin was 31.7% in fiscal 2025: for every $100 of revenue, BKV kept $32 after the direct cost of its products and services.
How fast is BKV growing?
Revenue grew 48.9% a year on average over the last five fiscal years, from $122.5 million to $895.6 million.
What are BKV's earnings per share?
BKV earned $1.59 per diluted share in fiscal 2025, compared with $-1.16 a year earlier.
When will BKV report its next earnings?
BKV is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does BKV's fiscal year end?
BKV's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 6, 2026.