Black Hills BKH Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Electric Utilities | $947.7M+0.5% | $942.8M+2.2% | $922.6M+1.9% | $905.4M+1.7% | $890.6M+1.7% | |
| Gas Utilities | $1.35B-2.1% | $1.38B+1.3% | $1.37B+0.8% | $1.35B+1.6% | $1.33B+5.0% | |
| Operating Income by Business | ||||||
| Electric Utilities | $228.1M+2.5% | $222.5M-0.1% | $222.7M-1.2% | $225.4M+1.2% | $222.7M-4.4% | |
| Gas Utilities | $315.9M-1.6% | $320.9M+2.0% | $314.5M+3.3% | $304.6M+4.3% | $292.1M+7.6% | |
| Taxes Excluding Income And Excise Taxes by Business | ||||||
| Electric Utilities | $37M-0.3% | $37.1M-1.6% | $37.7M0.0% | $37.7M-1.0% | $38.1M-1.8% | |
| Gas Utilities | $30.8M+2.0% | $30.2M+2.7% | $29.4M+3.2% | $28.5M-3.7% | $29.6M+4.6% | |
| Fuel Purchased Power And Cost Of Gas Sold by Business | ||||||
| Electric Utilities | $259.3M-0.2% | $259.7M+6.9% | $243M+6.5% | $228.1M+4.3% | $218.7M+6.0% | |
| Gas Utilities | $551M-3.7% | $572.4M+1.3% | $565.2M+0.5% | $562.6M+1.4% | $555M+5.9% | |
| Property Plant And Equipment Gross Period Increase Decrease by Business | ||||||
| Electric Utilities | $568.7M+18.2% | $481.3M+2.6% | $469.1M+14.9% | $408.1M+2.8% | $397.1M+4.0% | |
| Gas Utilities | $406.6M+2.4% | $397.2M+9.7% | $362.1M-1.1% | $366.1M-2.8% | $376.7M-6.5% | |
| Depreciation And Amortization by Business | ||||||
| Electric Utilities | $155.8M+2.3% | $152.3M+2.0% | $149.3M+0.2% | $149M+1.4% | $147M+1.2% | |
| Gas Utilities | $133.5M+1.6% | $131.4M+1.5% | $129.5M+1.5% | $127.6M+0.9% | $126.4M+1.4% | |
| Costs And Expenses Allocated by Business | ||||||
| Electric Utilities | $131.5M-0.8% | $132.6M+0.8% | $131.6M+0.8% | $130.6M+1.9% | $128.2M+2.5% | |
| Gas Utilities | $166.4M-1.1% | $168.3M+1.0% | $166.6M-1.2% | $168.7M+0.1% | $168.6M+2.0% | |
| Costs And Expenses Direct by Business | ||||||
| Electric Utilities | $136M-1.9% | $138.6M+0.2% | $138.3M+2.7% | $134.6M-1.0% | $135.9M+6.4% | |
| Gas Utilities | $155.8M-2.3% | $159.5M-0.2% | $159.8M-1.5% | $162.2M+0.4% | $161.5M+3.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Black Hills break its business down?
- Black Hills (BKH) reports revenue by business across 2 parts — Electric Utilities and Gas Utilities. Each is extracted from the segment footnotes and tracked over time.
- Where does Black Hills's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Black Hills's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.