Bkv (BKV) Operating Expenses (2023 - 2026)
Bkv (BKV) reported Operating Expenses of $346.8 million for Q1 2026, up 25.59% on a YoY basis from $276.2 million in Q1 2025, and up 51.14% sequentially from $229.5 million in Q4 2025.
Bkv (BKV) Operating Expenses (2023 - 2026) Analysis & Trends
Bkv (BKV) has 4 years of Operating Expenses data on file, last reported at $346.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 25.59% year-over-year to $346.8 million; the trailing twelve-month figure through Mar 2026 stood at $965.5 million (up 16.93% YoY), and the FY2025 full-year result was $791.2 million, up 7.53% from the prior year.
- Operating Expenses advanced to $346.8 million in Q1 2026, from $229.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $346.8 million in Q1 2026 to a low of $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.
- Across the five-year window, Operating Expenses dropped 27.79% in 2024 and surged 48.25% in 2025, its largest moves.
- Tracing BKV's Operating Expenses over 4 years: stood at $243.8 million in 2023, then fell 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.
- Business Quant data shows BKV's Operating Expenses at $346.8 million in Q1 2026, $229.5 million in Q4 2025, and $195.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Bkv | 2.52 Bn | 2.22 Bn | - | 346.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |