When did Black Hills report Q2 2025 earnings?

Black Hills (BKH) reported Q2 2025 earnings on July 30, 2025 after market close.

What were Black Hills's Q2 2025 revenue and EPS?

Black Hills reported revenue of $439.0M and eps of $0.38 for Q2 2025.

Did Black Hills beat estimates in Q2 2025?

Revenue missed the consensus estimate of $440.0M by $963.3K. EPS beat the consensus estimate of $0.38 by $0.00.

How did Black Hills's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 9.0% from $402.6M a year earlier and eps grew 15.2% from $0.33.

Where can I find Black Hills's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0000950170-25-100667) directly on SEC EDGAR. The filing index links above go to sec.gov.

Black Hills BKH Q2 2025 earnings

Reported July 30, 2025 · After market close

Revenue$439.0MMiss by $963.3K

EPS$0.38In line

Revenue estimate$440.0M

EPS estimate$0.38

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$490.9M

EPS estimate$0.41

Financials

Q2 2025

Income statement

See full

Revenue$439.0M+9.0%

Operating income$82.5M+16.9%

Net income$27.5M+20.6%

EPS (diluted)$0.38+15.2%

Balance sheet

See full

Cash & equivalents$8.1M-98.7%

Total debt$4.1B-4.0%

Total equity$3.6B+8.3%

Total assets$10.1B-0.9%

Cash flow

See full

Operating cash flow$188.6M-18.2%

CapEx$218.9M+31.7%

Free cash flow-$30.3M-147%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$4.12B+9.9%

Enterprise value$8.19B+11.1%

P/E14.5×+0.9×

P/S1.8×+0.1×

Profitability

See full

Operating margin23.5%+0.1pp

Net margin12.7%-0.3pp

FCF margin-4.5%-12.8pp

Returns & leverage

See full

Return on equity8.1%-0.4pp

Debt / equity1.1×-0.1×

Current ratio0.6×-0.4×

Segments

By segment

See full

Gas Utilities$223.0M+10.4%

Electric Utilities$219.9M+7.2%

Versus estimates

Revenue

Q1 2026$780.7MBeat by $11.5M Q4 2025$635.5MMiss by $12.7M Q3 2025$430.2MMiss by $10.8M

Q2 2025$439.0MMiss by $963.3K

Q1 2025$805.2MBeat by $66.0M Q4 2024$597.1MMiss by $136.3M

Diluted EPS

Q1 2026$1.79Miss by $0.09 Q4 2025$1.41Beat by $0.04 Q3 2025$0.45In line

Q2 2025$0.38In line

Q1 2025$1.87Miss by $0.05 Q4 2024$1.37Beat by $0.17

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Questions, answered.

When did Black Hills report Q2 2025 earnings?: Black Hills (BKH) reported Q2 2025 earnings on July 30, 2025 after market close.
What were Black Hills's Q2 2025 revenue and EPS?: Black Hills reported revenue of $439.0M and eps of $0.38 for Q2 2025.
Did Black Hills beat estimates in Q2 2025?: Revenue missed the consensus estimate of $440.0M by $963.3K. EPS beat the consensus estimate of $0.38 by $0.00.
How did Black Hills's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 9.0% from $402.6M a year earlier and eps grew 15.2% from $0.33.
Where can I find Black Hills's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0000950170-25-100667) directly on SEC EDGAR. The filing index links above go to sec.gov.