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Black Hills BKH Total Revenue

Total Revenue at other companies

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$5.9B+0.1%
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$7.59B+3.0%
Spire logo
SpireSR
$420.2M-0.4%

Segments

By segment

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Gas Utilities$230.5M+3.4%
Electric Utilities$226.3M+2.9%

Other financials

Income statement

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Operating income$97.0M+17.6%
Net income$38.2M+38.9%
EPS (diluted)$0.50+31.6%

Balance sheet

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Cash & equivalents$71.5M+783%
Total debt$4.1B+0.2%
Total equity$3.9B+8.5%
Total assets$11.0B+9.4%

Cash flow

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Operating cash flow$195.1M+3.4%
CapEx$218.1M-0.4%
Free cash flow-$23.0M+24.1%

Valuation

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Market cap$5.46B+25.4%
Enterprise value$9.47B+12.5%
P/E18.3×+2.9×
P/S2.4×+0.4×

Profitability

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Operating margin23.9%+0.4pp
Net margin13%+0.3pp
FCF margin-13.3%-27.7pp

Returns & leverage

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Return on equity7.9%-0.2pp
Debt / equity-0.1×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Black Hills in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Black Hills’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:21 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337444
(unaudited)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$452.8$439.0$1,233.5$1,244.2
Operating expenses:
Fuel, purchased power and cost of natural gas sold113.5124.0451.3483.8
Operations and maintenance150.5147.6298.6301.3
Depreciation and amortization75.369.8150.1139.0
Taxes other than income taxes16.515.134.532.7
Total operating expenses355.8356.5934.5956.8
Operating income97.082.5299.0287.4

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Black Hills's total revenue?
Black Hills (BKH) reported total revenue of $452.8M in Q2 2026.
How has Black Hills's total revenue changed year-over-year?
Black Hills's total revenue increased by 3.1% year-over-year, from $439M to $452.8M.
What is the long-term trend for Black Hills's total revenue?
Over 4 years (2021 to 2025), Black Hills's total revenue has grown at a 4.3% compound annual growth rate (CAGR), from $1.95B to $2.31B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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