Black Hills (BKH) Revenue (2009 - 2026)
Black Hills (BKH) posted quarterly Revenue of $780.7 million for Q1 2026, down 3.04% year-over-year from $805.2 million in Q1 2025, and up 22.85% quarter-over-quarter from $635.5 million in Q4 2025.
Black Hills (BKH) Revenue (2009 - 2026) Analysis & Trends
Black Hills (BKH) has reported Revenue for 18 consecutive years, with $780.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 3.04% year-over-year to $780.7 million; the TTM figure through Mar 2026 stood at $2.3 billion (up 3.58% YoY), while the FY2025 annual figure was $2.3 billion, up 8.57% from the prior year.
- Revenue improved to $780.7 million in Q1 2026 per BKH's latest filing, from $635.5 million in the prior quarter.
- Across five years, Revenue topped out at $921.2 million in Q1 2023 and bottomed at $401.6 million in Q3 2024.
- Historically, Revenue has averaged $594.2 million across 5 years, with a median of $591.7 million in 2023.
- Annual changes were most pronounced in 2022 — Revenue surged 40.7% — and 2023, when it retreated 25.24%.
- Black Hills' Revenue stood at $791.4 million in 2022, then retreated by 25.24% to $591.7 million in 2023, then rose by 0.91% to $597.1 million in 2024, then grew by 6.43% to $635.5 million in 2025, then increased by 22.85% to $780.7 million in 2026.
- Business Quant data shows BKH's Revenue at $780.7 million in Q1 2026, $635.5 million in Q4 2025, and $430.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.71 Bn | 28.18 Bn | - | 879.06 Mn |
| 2 | Nisource | 20.24 Bn | 20.17 Bn | 1.15 Bn | 1.34 Bn |
| 3 | Brookfield Infrastructure | 12.62 Bn | 11.86 Bn | 572.00 Mn | 940.00 Mn |
| 4 | Ugi | 8.25 Bn | 7.77 Bn | 573.00 Mn | 1.33 Bn |
| 5 | New Jersey Resources | 5.62 Bn | 5.58 Bn | 243.61 Mn | 349.18 Mn |
| 6 | Black Hills | 5.56 Bn | 5.48 Bn | - | 452.80 Mn |
| 7 | ONE Gas | 5.10 Bn | 5.07 Bn | 321.35 Mn | 411.64 Mn |
| 8 | Mdu Resources | 4.30 Bn | 4.25 Bn | - | 375.30 Mn |
| 9 | Chesapeake Utilities | 3.29 Bn | 3.27 Bn | 150.20 Mn | 201.90 Mn |
| 10 | Centuri Holdings | 2.27 Bn | 2.23 Bn | 69.14 Mn | 961.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 452.80 Mn |
| Mar 31, 2026 | 780.70 Mn |
| Dec 31, 2025 | 635.50 Mn |
| Sep 30, 2025 | 430.20 Mn |
| Jun 30, 2025 | 439.00 Mn |
| Mar 31, 2025 | 805.20 Mn |
| Dec 31, 2024 | 597.10 Mn |
| Sep 30, 2024 | 401.60 Mn |
| Jun 30, 2024 | 402.60 Mn |
| Mar 31, 2024 | 726.40 Mn |
| Dec 31, 2023 | 591.70 Mn |
| Sep 30, 2023 | 407.10 Mn |
| Jun 30, 2023 | 411.30 Mn |
| Mar 31, 2023 | 921.20 Mn |
| Dec 31, 2022 | 791.42 Mn |
| Sep 30, 2022 | 462.61 Mn |
| Jun 30, 2022 | 474.20 Mn |
| Mar 31, 2022 | 823.57 Mn |
| Dec 31, 2021 | 562.51 Mn |
| Sep 30, 2021 | 380.59 Mn |