Bkv (BKV) Gross Margin (2023 - 2026)
Bkv (BKV) reported Gross Margin of 82.08% for Q3 2026, up 3.58 percentage points from 78.50% a year earlier and up 3.21 percentage points from the prior quarter.
Bkv (BKV) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Bkv's Gross Margin came in at 80.45%, down 2.72 percentage points year-over-year; for FY2025, it was 78.23%, down 0.34 percentage points from FY2024.
- Gross Margin has declined for three consecutive years, with a three-year change of -9.19 percentage points (FY2022 to FY2025).
- By year, Gross Margin came in at 78.57% in FY2024 (-2.32 pp), 80.89% in FY2023 (-6.53 pp) and 87.43% in FY2022.
- Five-year quarterly Gross Margin spans a low of 57.32% in Q2 2024 and a high of 91.23% in Q4 2023.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of +6.28 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q2 2025 (a gain of 19.45 percentage points); the low point was Q4 2025 (a drop of 13.01 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 78.87% (Q2 2026), 82.15% (Q1 2026) and 78.01% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | Bkv | 2.08 Bn | 919.85 Mn | 323.00 Mn | 82.08% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 82.08% |
| Jun 30, 2026 | 78.87% |
| Mar 31, 2026 | 82.15% |
| Dec 31, 2025 | 78.01% |
| Sep 30, 2025 | 78.50% |
| Jun 30, 2025 | 76.77% |
| Mar 31, 2025 | 75.85% |
| Dec 31, 2024 | 91.02% |
| Sep 30, 2024 | 60.30% |
| Jun 30, 2024 | 57.32% |
| Mar 31, 2024 | 62.04% |
| Dec 31, 2023 | 91.23% |
| Sep 30, 2023 | 65.68% |
Bkv Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BKV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BKV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BKV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();