BKV financials
$21.64−1.19%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $322.3M | $379.7M | $508.7M | $203.0M | $271.3M | $274.4M | $388.6M | $137.8M |
| Gross profit | $322.3M | $295.3M | $508.7M | $203.0M | $271.3M | $209.4M | $388.6M | $137.8M |
| Gross margin | 100.0% | 77.8% | 100.0% | 100.0% | 100.0% | 76.3% | 100.0% | 100.0% |
| Operating income | -$21.6M | $32.9M | -$156.4M | $7.4M | -$25.7M | -$1.7M | -$149.8M | -$52.4M |
| Net income | $74.0M | $43.3M | $76.4M | $76.8M | $107.5M | -$82.0M | -$53.2M | $12.9M |
| Net margin | 23.0% | 11.4% | 15.0% | 37.9% | 39.6% | −29.9% | −13.7% | 9.3% |
| Diluted EPS | $0.67 | $0.42 | $0.82 | $0.90 | $1.27 | $-0.97 | $-0.65 | $0.18 |
| EBITDA | $32.5M | $87.1M | -$75.4M | $45.4M | $22.0M | $48.0M | -$66.9M | $1.2M |
| Operating cash flow | $109.7M | $72.0M | $107.1M | $74.5M | $89.3M | $16.5M | $40.6M | $65.0M |
| Free cash flow | -$127.9M | -$161.0M | -$25.9M | -$238.5M | $15.3M | -$41.2M | -$12.0M | $43.8M |
| Diluted shares | 109.8M | 102.3M | 92.8M | 85.0M | 84.8M | 84.7M | 81.9M | 70.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $152.2M | $288.5M | $248.4M | $83.1M | $21.4M | $15.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.25B | $1.27B | $1.14B | $486.6M | $200.0M | $200.0M |
| Total assets | $4.24B | $4.17B | $3.94B | $2.89B | $2.30B | $2.25B |
| Total liabilities | $1.83B | $1.86B | $1.87B | $1.09B | $716.4M | $769.2M |
| Shareholders' equity | $2.37B | $2.29B | $2.05B | $1.80B | $1.59B | $1.48B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology