BKV (BKV) Financial Statements & Analysis

BKV (BKV) Income Statement

BKV reported revenue of $895.64M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 48.2% from $604.53M a year earlier. Net income was $173.13M, a net margin of 19.3%. Gross margin was 31.7% and operating margin 17.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $465.54M, up 73.3% from the same quarter a year earlier.

BKV Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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BKV Corporation income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	0.90	0.60	1.01	1.66	0.89	0.12
Cost of Revenue	0.61	0.22	0.58	0.12	0.26	0.09
Gross Profit	0.28	0.39	0.98	1.54	0.51	0.04
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.12	0.24	0.13	0.28	0.09	0.06
Operating Expenses	0.12	0.54	0.82	1.24	0.49	0.05
Operating Income	0.16	-0.15	0.16	0.30	0.02	-0.01
Other Income/Expense
Interest Income	0.00	0.00	0.02	0.00	0.00	0.00
Interest Expense	0.04	0.05	-0.08	0.04	0.00	0.00
Other Income/Expense	0.05	-0.03	-0.01	0.17	-0.20	0.01
Income
Income Before Tax	0.21	-0.19	0.16	0.47	-0.17	0.00
Income Tax Expense	0.04	-0.04	0.03	0.06	-0.04	0.04
Net Income	0.17	-0.14	0.12	0.41	-0.17	-0.04
Net Income - Continuous Operations	0.17	-0.14	0.12	0.41	-0.14	-0.04
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	0.41	0.08	0.50	0.64	0.12	0.09
EBIT	0.32	-0.05	0.24	0.51	0.02	-0.01
Depreciation & Amortization	0.16	0.22	0.22	0.13	0.10	0.09
Earnings Per Share
Basic EPS	2.00	-2.00	2.00	5.00	-3.00	-1.00
Diluted EPS	2.00	-2.00	2.00	5.00	-3.00	-1.00
Basic Shares Outstanding	0.09	0.07	0.06	0.08	0.06	0.08
Diluted Shares Outstanding	0.09	0.07	0.06	0.08	0.06	0.08

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About BKV Financial Statements

What was BKV's revenue in fiscal 2025?

BKV reported revenue of $895.64M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 48.2% from $604.53M a year earlier.

Is BKV profitable?

Yes. BKV earned net income of $173.13M in fiscal 2025, a net margin of 19.3%. In fiscal 2024 it lost $142.87M.

What is BKV's operating margin?

BKV's operating income was $159.34M on revenue of $895.64M in fiscal 2025, an operating margin of 17.8%, compared with -25.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition