BKV Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $893.8M | $604.5M | $739.3M | $1.7B | — |
| Operating expenses | $791.2M | $735.8M | $822.6M | $726.0M | — |
| Operating income | $217.6M | -$154.8M | $157.6M | $304.6M | — |
| Pretax income | $210.3M | -$186.5M | $145.1M | $472.8M | — |
| Income tax expense | $35.4M | -$43.6M | $28.2M | $62.7M | — |
| Net income | $173.1M | -$142.9M | $116.9M | $410.1M | — |
| Balance Sheet | |||||
| Cash and equivalents | $199.4M | $14.9M | $25.4M | — | — |
| Current assets | $387.9M | $94.6M | $312.2M | — | — |
| Total assets | $3.1B | $2.2B | $2.7B | — | — |
| Current liabilities | $217.9M | $166.2M | $412.3M | — | — |
| Total liabilities | $1.1B | $671.5M | $1.2B | — | — |
| Stockholders' equity | $2.0B | $1.6B | $1.3B | $1.0B | $663.6M |
| Cash Flow Statement | |||||
| Cash from operations | $242.7M | $118.5M | $123.1M | $349.2M | — |
| Depreciation and amortization | $159.0M | $217.9M | $224.4M | $130.0M | — |
| Stock-based compensation | $12.8M | $16.3M | $25.8M | $31.9M | — |
| Capital expenditure | $300.2M | $100.9M | $187.7M | — | — |
| Free cash flow | -$57.5M | $17.6M | -$64.6M | — | — |
| Share repurchases | — | $0 | $600,000 | — | — |
Shares outstanding 109.4M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.