Bkv (BKV) Operating Expenses (2023 - 2026)
Bkv's (BKV) quarterly Operating Expenses came in at $343.9 million in Q2 2026, up 15.78% year-over-year from $297.0 million in Q2 2025, and down 0.85% quarter-over-quarter from $346.8 million in Q1 2026.
Analysis
Bkv (BKV) Operating Expenses (2023 - 2026) Analysis & Trends
Bkv has disclosed Operating Expenses across 4 years of filings, most recently posting $343.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 15.78% year-over-year to $343.9 million; the TTM figure through Jun 2026 stood at $1.6 billion (up 18.47% YoY), while the FY2025 annual figure was $1.2 billion, up 11.33% from the prior year.
- Operating Expenses came in at $343.9 million for Q2 2026 at Bkv, down from $346.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $665.1 million in Q4 2025 to a low of $179.4 million in Q2 2024.
- Average Operating Expenses over 4 years is $325.5 million, with a median of $286.6 million recorded in 2025.
- Year-over-year, Operating Expenses fell 1.32% in 2024 and jumped 65.58% in 2025.
- Over 4 years, Operating Expenses stood at $483.3 million in 2023, then gained by 12.21% to $542.3 million in 2024, then increased by 22.66% to $665.1 million in 2025, then tumbled by 48.3% to $343.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $343.9 million in Q2 2026, $346.8 million in Q1 2026, and $665.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 114.95 Mn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 2.30 Bn |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 929.86 Mn |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 2.02 Bn |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 1.12 Bn |
| 10 | Bkv | 2.72 Bn | 2.55 Bn | 198.67 Mn | 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 |