BKV · XBRL financial data
BKV financial statements, every fiscal year
The same tables from 3 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BKV's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Revenue | 1,038 | — |
| Revenue from contracts with customers | 605 | 1,141 |
| General and administrative | 104 | 132 |
| Total operating expenses | 736 | 1,227 |
| Operating income (loss) | (155) | 304 |
| Interest income | 4 | 4 |
| Income tax expense (benefit) | (44) | 37 |
| Net income (loss) | (143) | 179 |
| Earnings per share, basic USD per share | (2.00) | 2.05 |
| Earnings per share, diluted USD per share | (2.00) | 2.05 |
| Weighted average shares, basic millions of shares | 71 | 87 |
| Weighted average shares, diluted millions of shares | 71 | 87 |
Balance sheet
CSVFiscal years (BKV's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 15 | 248 |
| Inventory | 6 | 20 |
| Total current assets | 95 | 511 |
| Goodwill | 18 | 18 |
| Total assets | 2,231 | 3,939 |
| Accounts payable | 53 | 100 |
| Current portion of long-term debt | 9 | 200 |
| Total current liabilities | 166 | 565 |
| Long-term debt | 850 | 938 |
| Total liabilities | 672 | 1,873 |
| Retained earnings | 117 | 309 |
| Total stockholders' equity | 1,560 | 1,986 |
| Total liabilities and equity | 2,231 | 3,939 |
| Common shares outstanding (cover page) millions of shares | 85 | 102 |
Cash flows
CSVFiscal years (BKV's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Net income (loss) | (143) | 179 |
| Stock-based compensation | 16 | 13 |
| Depreciation and amortization | 218 | 197 |
| Net cash from operating activities | 119 | 280 |
| Purchases of property and equipment | 105 | 305 |
| Net cash from investing activities | 36 | (576) |
| Proceeds from issuing common stock | 0 | 171 |
| Share repurchases | 0 | — |
| Net cash from financing activities | (305) | 463 |
Compare with peers
SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| BKV | 152 | 322 | 110* | 109.4M | — | 10-QJun 30, 2026 |
| Mach Natural Resources | 41 | 406 | 154* | 166.9M | — | 10-QJun 30, 2026 |
| Tetra Technologies | 84 | 168 | 8.8* | 148.4M | — | 10-QSep 30, 2026 |
| Granite Ridge Resources | 44 | 149 | 56* | 131.9M | — | 10-QJun 30, 2026 |
| Tamboran Resources | 219 | 0* | (7.6)* | 35.0M | 29.0 quarters | 10-KJun 30, 2026 |
| Vaalco Energy | 30 | 135 | 74* | 105.2M | — | 10-QJun 30, 2026 |
| Sandridge Energy | 113 | 51 | 42* | 37.1M | — | 10-QJun 30, 2026 |
| Phoenix Energy One | 37 | 406 | 173* | 100.0M | — | 10-QJun 30, 2026 |
| Vital Energy | 15 | 421 | 287* | 38.7M | — | 10-QSep 30, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.