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Black Hills Corp (BKH)

Black Hills Corp brought in $2.3B of revenue over the twelve months to June 30, 2026, up 2.5% from a year earlier. Net income was $299M, a net margin of 13.0%. In fiscal 2025 capital spending exceeded operating cash flow by $146.4M. At June 30, 2026 it held $71.5M in cash against $4.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.

Revenue (last 12 months)
$2.3B
+2.5% year on year
Net margin
13.0%

What Black Hills Corp does

Black Hills Corp is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker BKH.

Revenue and profit by year

Revenue
FY18: $1.8B $1.8B FY18FY19: $1.7B $1.7B FY19FY20: $1.7B $1.7B FY20FY21: $1.9B $1.9B FY21FY22: $2.6B $2.6B FY22FY23: $2.3B $2.3B FY23FY24: $2.1B $2.1B FY24FY25: $2.3B $2.3B FY25
Net income
FY18: $258.4M $258.4M FY18FY19: $199.3M $199.3M FY19FY20: $227.6M $227.6M FY20FY21: $236.7M $236.7M FY21FY22: $258.4M $258.4M FY22FY23: $262.2M $262.2M FY23FY24: $273.1M $273.1M FY24FY25: $291.6M $291.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$2.3B$537.5M$291.6M$3.98-$146.4M
2024$2.1B$503.1M$273.1M$3.91-$24.9M
2023$2.3B$472.7M$262.2M$3.91$388.8M
2022$2.6B$455.2M$258.4M$3.97-$19.6M
2021$1.9B$409.4M$236.7M$3.74-$742.1M
2020$1.7B$428.3M$227.6M$3.65-$225.5M

Latest SEC filings

What Black Hills Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 17, 2026
  2. August 7, 2026
  3. August 6, 2026
    Quarterly report 10-Q · period to June 30, 2026
  4. August 5, 2026
  5. June 18, 2026
  6. May 19, 2026
  7. May 19, 2026
  8. May 15, 2026
  9. May 12, 2026
  10. May 7, 2026
    Quarterly report 10-Q · period to March 31, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on May 28, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about BKH

What does Black Hills Corp do?

Black Hills Corp is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker BKH.

Is Black Hills Corp profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $299M on revenue of $2.3B, a net margin of 13.0%.

How much revenue does Black Hills Corp make?

Over the twelve months to June 30, 2026 Black Hills Corp reported revenue of $2.3B. That is 2.5% more than a year earlier.

When did Black Hills Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the other event from August 17, 2026.

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Where the numbers come from

Financial figures are the values Black Hills Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.