BKV Corporation

Energy

NYSE:BKV · New York Stock Exchange

Market Cap $2.64B Beta 1.05 P/E (TTM) 8.3
$24.55 -0.58%

-$0.14 today

52W Low $19.56High $32.81

Vol 0.88M · Avg 0.89M

EPS (TTM) $2.90Oil & Gas Exploration & Production

Income Statement

Follow revenue through to earnings

Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.

Stock Ticker Earnings Waterfall

NYSE:BKV · Revenue to Net Income

Key Ratios

EPS$3.30
Gross Margin53.4%
Net Margin32.7%
P/E Ratio9.2
P/S Ratio9.5

Analysis

$1.0B of revenue converted into $295.9M of net income for the selected period. Gross margin is 53.4% and net margin is 32.7%, showing how much revenue survives after costs and taxes. EPS is $3.30, tying the income statement back to per-share earnings.

Income Statement

Annual data · 5 periods

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue
$895.6M
+48.2%
$604.5M
-18.2%
$739.3M
-55.5%
$1.7B
+86.6%
$889.5M
$809.6M$921.6M$731.2M
Cost of Revenue
$611.9M
+181.3%
$217.5M
-2.6%
$223.4M
+87.8%
$118.9M
+28.9%
$92.3M
$725.6M$804.0M$882.4M
Gross Profit
$283.7M
-26.7%
$387.0M
-25.0%
$515.9M
-66.5%
$1.5B
+93.3%
$797.3M
$8.9B$7.6B$6.2B
Gross Margin
31.7%
-32.3pp
64.0%
-5.8pp
69.8%
-23.1pp
92.8%
+3.2pp
89.6%
9.8%28.9%38.3%
Research & Development
$0
$0
$0
$0
$0
$983.2M$1.3B$490.4M
Selling, General & Admin
$124.4M
-48.5%
$241.5M
-9.0%
$265.3M
-5.3%
$280.1M
+62.3%
$172.6M
$620.6M$923.0M-$1.5B
Operating Expenses
$124.4M
-77.0%
$541.8M
+51.2%
$358.3M
-71.0%
$1.2B
+59.2%
$776.9M
$5.3B$7.0B$8.7B
Depreciation & Amortization
$159.0M
-27.1%
$217.9M
-2.9%
$224.4M
+72.6%
$130.0M
+31.6%
$98.8M
$374.2M$1.2B$631.8M
EBITDA
$412.0M
+401.4%
$82.2M
-81.6%
$446.6M
-30.2%
$640.0M
+964.6%
-$74.0M
-$15.2B$6.8B$9.3B
EBITDA Margin
46.0%
+32.4pp
13.6%
-46.8pp
60.4%
+21.9pp
38.5%
+46.9pp
-8.3%
5.6%46.3%42.0%
Operating Income
$159.3M
+202.9%
-$154.8M
-198.2%
$157.6M
-48.2%
$304.6M
+1398.6%
$20.3M
$12.3B$14.0B-$15.7B
Operating Margin
17.8%
+43.4pp
-25.6%
-46.9pp
21.3%
+3.0pp
18.3%
+16.1pp
2.3%
16.6%24.1%22.0%
Interest Income
$991.0K
-74.3%
$3.9M
+23.0%
$3.1M
+174.5%
$1.1M
+14187.5%
$8.0K
-$1.5B-$1.6B$405.0M
Interest Expense
$42.8M
-15.7%
$50.8M
-34.1%
$77.0M
+107.2%
$37.2M
+1641.7%
$2.1M
$1.1B$1.0B$1.2B
Other Income / Expenses
$50.9M
+260.8%
-$31.7M
-153.9%
-$12.5M
-107.4%
$168.2M
+186.1%
-$195.3M
-$1.5B$1.4B$1.2B
Income Before Tax
$210.3M
+212.8%
-$186.5M
-228.5%
$145.1M
-69.3%
$472.8M
+370.2%
-$175.0M
$3.3B$4.9B$3.6B
Pre-Tax Margin
23.5%
+54.3pp
-30.8%
-50.5pp
19.6%
-8.8pp
28.5%
+48.1pp
-19.7%
20.8%18.7%26.2%
Income Tax Expense
$35.4M
+181.3%
-$43.6M
-254.5%
$28.2M
-54.9%
$62.7M
+254.6%
-$40.5M
$1.3B-$1.6B$745.2M
Net Income
$173.1M
+221.2%
-$142.9M
-222.2%
$116.9M
-71.5%
$410.1M
+396.8%
-$138.2M
$4.9B$4.8B$4.7B
Net Margin
19.3%
+43.0pp
-23.6%
-39.4pp
15.8%
-8.9pp
24.7%
+40.2pp
-15.5%
12.4%17.5%22.5%
EPS (Basic)
$2
+193.3%
-$2
-251.1%
$1
-71.5%
$5
+340.4%
-$2
$400.8M$703.2M$1.3B
EPS (Diluted)
$2
+196.5%
-$2
-245.3%
$1
-71.5%
$5
+340.4%
-$2
$766.2M$609.4M$452.6M
Weighted Avg Shares
$92.1M
+35.4%
$68.0M
-19.1%
$84.1M
+0.0%
$84.1M
+0.0%
$84.1M
$757.8M$925.8M$1.1B
Weighted Avg Shares (Diluted)
$92.7M
+31.2%
$70.6M
-16.0%
$84.1M
+0.0%
$84.1M
+0.0%
$84.1M
$1.2B$924.4M$678.0M

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How much revenue does BKV generate?

BKV Corporation (BKV) reported $895.64M of revenue in fiscal 2025.

Is BKV profitable?

BKV Corporation (BKV) reported $173.13M of net income, with a net margin of 19.3%.

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