BKV Corp income statement
In fiscal 2025, BKV Corp reported revenue of $1.14bn, up 9.9% on the year before, operating income of $304m (a 26.6% margin) and net income of $179m, or $2.05 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 1,660 | 1,303 | 1,038 | 1,141 | 1,404 |
| General and administrative | 149 | 134 | 110 | 132 | 160 |
| Operating income | 305 | 241 | −64 | 304 | 477 |
| Income before tax | 473 | 162 | −176 | 225 | 361 |
| Income tax | 63 | 30 | −42 | 37 | 70 |
| Net income | 410 | 124 | −139 | 179 | 273 |
| Diluted EPS | $6.62 | $1.92 | −$1.94 | $2.05 | $2.80 |
| Diluted shares (average) | 62m | 64m | 71m | 87m | 97m |
| EBITDA | 435 | 497 | 192 | 501 | 685 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 133 | 618 | 272 | 269 | 200 | 505 | 377 | 322 |
| General and administrative | 34 | 36 | 29 | 30 | 31 | 45 | 42 | 42 |
| Operating income | −21 | 34 | −100 | 161 | 82 | 187 | 86 | 122 |
| Income before tax | 24 | −60 | −117 | 142 | 98 | 103 | 63 | 97 |
| Income tax | 11 | −12 | −31 | 29 | 20 | 18 | 11 | 20 |
| Net income | 13 | −53 | −82 | 108 | 77 | 76 | 44 | 76 |
| Diluted EPS | $0.18 | −$0.66 | −$0.97 | $1.27 | $0.90 | $0.85 | $0.42 | $0.67 |
| EBITDA | 36 | 121 | −50 | 209 | 101 | 268 | 140 | 176 |
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