BKV Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,009	580.98	980.23	1,031	505.68
Revenue Growth (YoY)	73.64%	-40.73%	-4.88%	103.79%	252.91%
Gross Profit	1,009	580.98	980.23	1,031	505.68
Selling, General & Admin	124.36	104.47	114.69	148.56	85.74
Depreciation & Amortization Expenses	157.46	217.53	223.37	118.91	92.28
Other Operating Expenses	509.38	413.78	484.55	458.49	307.34
Total Operating Expenses	791.2	735.78	822.61	725.96	485.36
Operating Income	217.61	-154.8	157.62	304.56	20.32
Interest Income	16.47	14.28	20	9.64	0.92
Interest Expense	-28.65	-50.76	-77.02	-37.17	-2.13
Other Non-Operating Income (Expense)	4.84	4.81	44.54	195.76	-194.1
Total Non-Operating Income (Expense)	-7.34	-31.67	-12.48	168.23	-195.31
Pretax Income	210.28	-186.48	145.14	472.79	-174.99
Provision for Income Taxes	35.43	-43.61	28.23	62.65	-40.53
Net Income	173.13	-142.87	116.92	410.14	-170.71
Minority Interest in Earnings	1.71	-	-	-	-
Net Income Attributable to Preferred Dividends	-	-	-	-	36.25
Net Income to Common	173.13	-142.87	116.92	410.14	-170.71
Net Income Growth	-	-	-71.49%	-	-
Shares Outstanding (Basic)	87	71	61	59	58
Shares Outstanding (Diluted)	87	71	64	62	58
Shares Change (YoY)	21.79%	10.73%	3.85%	5.97%	11.13%
EPS (Basic)	1.98	-2.00	1.93	6.99	-2.92
EPS (Diluted)	1.98	-2.00	1.82	6.62	-2.92
EPS Growth	-	-	-72.51%	-	-
Free Cash Flow	-57.46	17.62	-64.64	101.1	289.42
Free Cash Flow Growth	-	-	-	-65.07%	-
Free Cash Flow Per Share	-0.66	0.25	-1.00	1.63	4.95
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	21.57%	-26.64%	16.08%	29.55%	4.02%
Profit Margin	17.33%	-24.59%	11.93%	39.80%	-26.59%
FCF Margin	-5.70%	3.03%	-6.59%	9.81%	57.23%
EBITDA	376.57	63.09	382.05	434.6	119.16
EBITDA Margin	37.33%	10.86%	38.98%	42.17%	23.56%
EBIT	217.61	-154.8	157.62	304.56	20.32
EBIT Margin	21.57%	-26.64%	16.08%	29.55%	4.02%
Effective Tax Rate	16.85%	23.38%	19.45%	13.25%	23.16%

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q