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BKV BKV Q4 2025 Annual earnings

Reported February 25, 2026 · Before market open

Revenue estimate$259.5M
EPS estimate$0.37

Next report

Aug 11, 2026 (in 2 months)
Revenue estimate$360.4M
EPS estimate$0.29

Financials

Q4 2025

Income statement

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Revenue$257.8M+39.7%
Operating income$100.6M+279%
Net income$70.4M+222%
EPS (diluted)$0.78+208%

Balance sheet

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Cash & equivalents$264.3M+172%
Total debt$1.1B+590%
Total equity$2.0B+27.0%
Total assets$3.9B+76.6%

Cash flow

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Operating cash flow$69.4M+58.6%
CapEx$91.2M+89.4%
Free cash flow-$21.8M

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$2.63B+31.1%
Enterprise value$3.5B+68.9%
P/E15.5×
P/S2.8×-0.5×

Profitability

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Operating margin22.5%+14.7pp
Net margin18.1%+11.6pp
FCF margin-6.1%

Returns & leverage

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Return on equity9.6%+6.3pp
Debt / equity0.6×+0.5×
Current ratio0.9×+0.3×

Segments

By product

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Natural gas$200.6M+69.4%
NGLs$47.0M+8.3%
Marketing revenues$2.8M+42.5%
Midstream revenues$2.4M-1.2%
Oil$1.7M+34.7%

Versus estimates

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Questions, answered.

When did BKV report Q4 2025 earnings?
BKV (BKV) reported Q4 2025 earnings on February 25, 2026 before market open.
What were BKV's Q4 2025 revenue and EPS?
BKV reported revenue of $330.1M and diluted EPS of $0.29 for Q4 2025.
Did BKV beat estimates in Q4 2025?
Revenue beat the consensus estimate of $259.5M by $70.6M. EPS missed the consensus estimate of $0.37 by $0.08.
How did BKV's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 89.4% from $174.3M a year earlier and diluted EPS grew 2800.0% from $0.01.
Where can I find BKV's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001628280-26-011383) and the 10-K periodic report (0001628280-26-015661) directly on SEC EDGAR. The filing index links above go to sec.gov.