Black Stone Minerals (BSM) Gross Margin (2014 - 2026)

Black Stone Minerals (BSM) has 13 years of Gross Margin data on file, last reported at 92.58% in Q1 2026.

• Gross Margin for Q1 2026 came in at 92.58%, up 976.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 91.73% (up 414.0% YoY), and the FY2025 annual result was 90.76%, up 204.0% from the prior year.
• Gross Margin advanced to 92.58% in Q1 2026 per BSM's latest filing, from 87.52% in the prior quarter.
• Over five years, Gross Margin peaked at 94.34% in Q2 2025 and troughed at 61.7% in Q1 2022.
• A 5-year average of 87.26% and a median of 88.98% in 2023 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 2506 bps in 2022, then soared 3104 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 80.94% in 2022, then rose by 10 bps to 88.98% in 2023, then grew by 1 bps to 89.74% in 2024, then declined by 2 bps to 87.52% in 2025, then increased by 6 bps to 92.58% in 2026.
• Business Quant data shows BSM's Gross Margin at 92.58% in Q1 2026, 87.52% in Q4 2025, and 89.6% in Q3 2025.