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Black Stone Minerals BSM Total Operating Expenses

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Other financials

Income statement

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Revenue$59.4M+0.2%
Operating income$16.6M-3.1%
Net income$13.3M-16.8%
EPS (diluted)$0.03-25.0%

Balance sheet

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Cash & equivalents$11.6M+379%
Total debt$4.6M-10.1%
Total equity$823.2M+19.8%
Total assets$1.3B+8.0%

Cash flow

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Operating cash flow$62.6M-3.5%

Valuation

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Market cap$3.02B+11.9%
Enterprise value$3.01B+11.6%
P/E10.2×+0.3×
P/S6.4×+0.3×

Profitability

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Operating margin65.5%+7.1pp
Net margin63.2%+5.6pp

Returns & leverage

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Return on equity56.6%
Debt / equity0.0×
Current ratio2.3×+1.0×

Where this comes from

Reported directly by Black Stone Minerals in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Black Stone Minerals’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030534
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Depreciation, depletion, and amortization9,7859,130
General and administrative16,83215,172
Accretion of asset retirement obligations389332
TOTAL OPERATING EXPENSE42,72442,091
INCOME FROM OPERATIONS16,63517,161
OTHER INCOME (EXPENSE)
Interest and investment income3264
Interest expense(3,361)(1,397)

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is Black Stone Minerals's total operating expenses?
Black Stone Minerals (BSM) reported total operating expenses of $42.72M in Q1 2026.
How has Black Stone Minerals's total operating expenses changed year-over-year?
Black Stone Minerals's total operating expenses increased by 1.5% year-over-year, from $42.09M to $42.72M.
What is the long-term trend for Black Stone Minerals's total operating expenses?
Over 4 years (2021 to 2025), Black Stone Minerals's total operating expenses has grown at a -1.5% compound annual growth rate (CAGR), from $171.94M to $161.52M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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