Bkv (BKV) Operating Expenses (2023 - 2026)
Bkv's Operating Expenses was $343.88 million in Q2 2026, up 15.8% from $297.01 million a year earlier but down 0.8% from the prior quarter.
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Analysis
Bkv (BKV) Operating Expenses (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bkv's Operating Expenses was $1.55 billion through Jun 30, 2026, up 18.5% year-over-year; for FY2025, it came in at $1.23 billion, up 11.3% from FY2024.
- Operating Expenses has now increased for three consecutive years, with a three-year compound annual growth rate of 19.1% (FY2022 to FY2025).
- In earlier years, Operating Expenses was $1.1 billion in FY2024 (+3.8%), $1.06 billion in FY2023 (+46.3%) and $725.96 million in FY2022.
- Quarterly Operating Expenses has moved between $179.38 million (Q2 2024) and $665.15 million (Q4 2025) over five years.
- Compared with a year earlier, Operating Expenses has increased for seven straight quarters, with growth averaging 23.7% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q2 2025 (growth of 65.6%); the worst was Q3 2024 (a decline of 1.3%).
- Per Business Quant data, BKV's Operating Expenses in the three quarters before Q2 2026 was $346.82 million (Q1 2026), $665.15 million (Q4 2025) and $195.56 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 17.00 Mn |
| 10 | Bkv | 2.34 Bn | 1.64 Bn | - | 343.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 343.88 Mn |
| Mar 31, 2026 | 346.82 Mn |
| Dec 31, 2025 | 665.15 Mn |
| Sep 30, 2025 | 195.56 Mn |
| Jun 30, 2025 | 297.01 Mn |
| Mar 31, 2025 | 276.16 Mn |
| Dec 31, 2024 | 542.29 Mn |
| Sep 30, 2024 | 194.08 Mn |
| Jun 30, 2024 | 179.38 Mn |
| Mar 31, 2024 | 186.28 Mn |
| Dec 31, 2023 | 483.30 Mn |
| Sep 30, 2023 | 196.66 Mn |
API Access
Bkv Operating Expenses 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=operating-expenses&ticker=BKV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=BKV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();