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Black Stone Minerals (BSM) Cost of Revenue (2016 - 2025)

Black Stone Minerals (BSM) has disclosed Cost of Revenue for 12 consecutive years, with $8.9 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 17.04% to $8.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $39.0 million, a 21.29% decrease, with the full-year FY2025 number at $39.0 million, down 21.29% from a year prior.
  • Cost of Revenue was $8.9 million for Q4 2025 at Black Stone Minerals, down from $10.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $19.5 million in Q2 2022 to a low of $8.9 million in Q4 2025.
  • A 5-year average of $13.1 million and a median of $12.9 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: skyrocketed 109.81% in 2022, then tumbled 34.15% in 2023.
  • Black Stone Minerals' Cost of Revenue stood at $14.3 million in 2021, then rose by 4.07% to $14.9 million in 2022, then increased by 0.69% to $15.0 million in 2023, then decreased by 28.79% to $10.7 million in 2024, then dropped by 17.04% to $8.9 million in 2025.
  • Per Business Quant, the three most recent readings for BSM's Cost of Revenue are $8.9 million (Q4 2025), $10.9 million (Q3 2025), and $9.0 million (Q2 2025).