Bkv (BKV) Operating Expenses (2023 - 2026)
Bkv (BKV) posted Operating Expenses of $346.8 million for Q1 2026, up 51.14% sequentially from $229.5 million in Q4 2025, and up 25.59% YoY from $276.2 million in Q1 2025.
Bkv (BKV) Operating Expenses (2023 - 2026) Analysis & Trends
Bkv has reported Operating Expenses for 4 years, with the latest figure at $346.8 million in Q1 2026.
- Quarterly Operating Expenses rose 25.59% year-over-year to $346.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $965.5 million (up 16.93% YoY) and the FY2025 annual result came in at $791.2 million, up 7.53% from the prior year.
- Operating Expenses advanced to $346.8 million in Q1 2026 per BKV's latest filing, from $229.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $346.8 million in Q1 2026 and troughed at $176.1 million in Q4 2024.
- A 4-year average of $219.8 million and a median of $195.6 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses fell 27.79% in 2024, then jumped 48.25% in 2025.
- Over 4 years, Operating Expenses stood at $243.8 million in 2023, then slipped by 27.79% to $176.1 million in 2024, then jumped by 30.34% to $229.5 million in 2025, then surged by 51.14% to $346.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $346.8 million, $229.5 million, and $195.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Bkv | 2.85 Bn | 2.68 Bn | 198.67 Mn | 343.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 343.88 Mn |
| Mar 31, 2026 | 346.82 Mn |
| Dec 31, 2025 | 229.47 Mn |
| Sep 30, 2025 | 195.56 Mn |
| Jun 30, 2025 | 193.65 Mn |
| Mar 31, 2025 | 276.16 Mn |
| Dec 31, 2024 | 176.05 Mn |
| Sep 30, 2024 | 194.08 Mn |
| Jun 30, 2024 | 179.38 Mn |
| Mar 31, 2024 | 186.28 Mn |
| Dec 31, 2023 | 243.82 Mn |
| Sep 30, 2023 | 196.66 Mn |