Black Hills (BKH) Operating Income (2009 - 2026)

Black Hills' Operating Income history runs 18 years deep, the most recent figure standing at $201.9 million for Q1 2026.

• In Q1 2026, Operating Income fell 1.51% year-over-year to $201.9 million; the TTM figure through Mar 2026 stood at $534.5 million (up 578.3% YoY), while the FY2025 annual figure was $537.5 million, up 699.85% from the prior year.
• Operating Income was $201.9 million for Q1 2026 at Black Hills, up from $171.4 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $205.0 million in Q1 2025 to a low of -$272.9 million in Q4 2023.
• Historically, Operating Income has averaged $77.9 million across 5 years, with a median of $82.5 million in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Income slumped 309.96% in 2023, then soared 162.88% in 2025.
• A 5-year view of Operating Income shows it stood at $130.0 million in 2022, then plunged by 309.96% to -$272.9 million in 2023, then grew by 0.11% to -$272.6 million in 2024, then jumped by 162.88% to $171.4 million in 2025, then climbed by 17.79% to $201.9 million in 2026.
• The last three Operating Income figures came in at $201.9 million (Q1 2026), $171.4 million (Q4 2025), and $78.7 million (Q3 2025), per Business Quant data.