Bkv Corp (BKV) financials
Bkv revenue and earnings by year
Bkv's revenue was $1.53 billion in the fiscal year to December 31, 2025, up 47.5% from the year before. Net income was $179 million, 11.7% of revenue. Since the fiscal year to December 31, 2020, revenue has grown 60.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 6 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
| Revenue | 1.53 | 1.04 | 1.30 | 1.03 | 0.51 | 0.14 |
| Revenue growth | 47.5% | -20.4% | 26.5% | 103.8% | 252.9% | — |
| Gross profit | 0.75 | 0.37 | 0.73 | 0.69 | 0.25 | 0.11 |
| Gross margin | 49.3% | 35.7% | 55.7% | 67.0% | 48.5% | 78.2% |
| Operating income | 0.30 | -0.06 | 0.24 | 0.30 | 0.02 | -0.01 |
| Operating margin | 19.8% | -6.2% | 18.5% | 29.6% | 4.0% | -6.9% |
| Net income | 0.18 | -0.14 | 0.12 | 0.41 | -0.13 | -0.04 |
| Net margin | 11.7% | -13.4% | 9.5% | 39.8% | -26.6% | -30.3% |
| Diluted EPS | $2.05 | -$1.94 | — | — | — | — |
| Free cash flow | -0.02 | 0.01 | 0.06 | 0.10 | 0.29 | -0.52 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open BKV in Markets.
How Bkv makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Natural Gas NGL & Oil | $222M | 61.7% |
| Merchant Energy Sales & Other | $70.8M | 19.7% |
| Energy Retail Sales | $40.6M | 11.3% |
| Marketing | $26.2M | 7.3% |
| Solar Revenue | $111K | 0.0% |
See also: BKV valuation and P/E history · BKV returns
No forecast, no recommendation. This page describes Bkv Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.