BKV Corporation (BKV) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
BKV's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BKV Revenue Analysis (2020–2025)
As of February 28, 2026, BKV Corporation (BKV) generated trailing twelve-month (TTM) revenue of $874.1 million, reflecting explosive growth of +38.3% year-over-year. The most recent quarter (Q4 2025) recorded $241.1 million in revenue, up 18.8% sequentially.
Looking at the longer-term picture, BKV's 5-year compound annual growth rate (CAGR) stands at +48.9%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.66 billion in 2022.
Revenue diversification analysis shows BKV's business is primarily driven by Natural Gas, NGL, And Oil (57%), Natural Gas (40%), and Natural Gas, Midstream (1%). With over half of revenue concentrated in Natural Gas, NGL, And Oil, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including INR (+17.9% YoY), EQT (+65.5% YoY), and EXE (+187.1% YoY), BKV has underperformed the peer group in terms of revenue growth. Compare BKV vs INR →
Peer Comparison
Compare BKV's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BKVCurrent | $874M | +38.3% | +48.9% | 17.8% | |
| INR | $259M | +17.9% | - | 36.2% | |
| EQT | $8.6B | +65.5% | +26.6% | 40.8% | |
| EXE | $12.1B | +187.1% | +18.4% | 16.8% | |
| AR | $5.3B | +20.7% | +11.3% | 16.7% | |
| RRC | $3.1B | +193.4% | +11.8% | - |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $895.6M | +48.2% | $283.7M | 31.7% | $159.3M | 17.8% |
| 2024 | $604.5M | -18.2% | $387.0M | 64.0% | $-154,801,000 | -25.6% |
| 2023 | $739.3M | -55.5% | $515.9M | 69.8% | $157.6M | 21.3% |
| 2022 | $1.66B | +86.6% | $1.54B | 92.8% | $304.6M | 18.3% |
| 2021 | $889.5M | +625.9% | $797.3M | 89.6% | $20.3M | 2.3% |
| 2020 | $122.5M | - | $35.2M | 28.7% | $-9,907,000 | -8.1% |
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Start ComparisonFrequently Asked Questions
Is BKV's revenue growth accelerating or slowing?
BKV revenue is accelerating at +38.3% year-over-year, exceeding the 5-year CAGR of +48.9%. TTM revenue reached $874M. Growth momentum has increased versus prior periods.
What is BKV's long-term revenue growth rate?
BKV Corporation's 5-year revenue CAGR of +48.9% reflects the sustained expansion pattern. Current YoY growth of +38.3% is above this long-term average.
How is BKV's revenue distributed by segment?
BKV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.