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Growth Metrics

Black Hills (BKH) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Black Hills (BKH) over the last 17 years, with Q4 2025 value amounting to $464.1 million.

  • Black Hills' Operating Expenses rose 698.48% to $464.1 million in Q4 2025 from the same period last year, while for Dec 2025 it was $1.8 billion, marking a year-over-year increase of 908.48%. This contributed to the annual value of $1.8 billion for FY2025, which is 910.38% up from last year.
  • Latest data reveals that Black Hills reported Operating Expenses of $464.1 million as of Q4 2025, which was up 698.48% from $351.5 million recorded in Q3 2025.
  • Over the past 5 years, Black Hills' Operating Expenses peaked at $746.3 million during Q1 2023, and registered a low of $290.7 million during Q3 2021.
  • Moreover, its 5-year median value for Operating Expenses was $417.8 million (2022), whereas its average is $444.6 million.
  • As far as peak fluctuations go, Black Hills' Operating Expenses skyrocketed by 4745.94% in 2022, and later plummeted by 3118.09% in 2023.
  • Black Hills' Operating Expenses (Quarter) stood at $448.6 million in 2021, then surged by 47.46% to $661.4 million in 2022, then tumbled by 31.18% to $455.2 million in 2023, then fell by 4.7% to $433.8 million in 2024, then rose by 6.98% to $464.1 million in 2025.
  • Its last three reported values are $464.1 million in Q4 2025, $351.5 million for Q3 2025, and $356.5 million during Q2 2025.