BKV Corporation (BKV) Revenue History
Annual and quarterly revenue from 2020 to present
BKV Revenue Over Time (2020–2025)
BKV Revenue Growth History
3 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +625.9%
- FY2022 revenue growth
- +86.6%
- FY2023 revenue growth
- -55.5%
- FY2024 revenue growth
- -18.2%
- FY2025 revenue growth
- +48.2%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $379.7M | +68.2% |
| Q4 2025 | $241.1M | +38.3% |
| Q3 2025 | $197.1M | +43.1% |
| Q2 2025 | $204.3M | +48.4% |
| Q1 2025 | $225.8M | +45.8% |
| Q4 2024 | $174.3M | -7.2% |
| Q3 2024 | $137.8M | -24.3% |
| Q2 2024 | $137.6M | -8.7% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
BKV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BKV Revenue Analysis (2020–2025)
Current Revenue & Growth
As of June 23, 2026, BKV Corporation (BKV) generated trailing twelve-month (TTM) revenue of $1.02 billion, reflecting explosive growth of +68.2% year-over-year. The most recent quarter (Q1 2026) recorded $379.7 million in revenue, up 57.5% sequentially.
Historical Growth Trajectory
BKV's 5-year compound annual growth rate (CAGR) stands at +48.9%, indicating outstanding long-term growth trajectory. The 3-year CAGR of -18.6% is below the 5-year average, signalling a growth deceleration in recent years. BKV Corporation's highest annual revenue of $1.66 billion was recorded in 2022.
Revenue by Segment
BKV's revenue is primarily driven by Natural Gas, NGL, And Oil (96%), Marketing (1%), and Other Revenue (1%). With over half of revenue concentrated in Natural Gas, NGL, And Oil, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Energy sector peers — including AR (+23.1% YoY), EQT (+58.4% YoY), and RRC (+22.6% YoY) — BKV has outperformed the peer group in revenue growth. Compare BKV vs AR →
BKV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BKVCurrent | $1.0B | +68.2% | +48.9% | 17.8% | |
 AR | $5.0B | +23.1% | +10.2% | 16.5% | |
 EQT | $9.1B | +58.4% | +27.8% | 34.7% | |
 RRC | $3.0B | +22.6% | +10.9% | 27.9% | |
 CTRA | $2.8B | +7.3% | +14.4% | 89.1% | |
 CNX | $2.1B | +46.8% | +14.6% | 36.8% |
BKV Historical Revenue Data (2020–2025)
| 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% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BKV — Frequently Asked Questions
Quick answers to the most common questions about buying BKV stock.
Is BKV's revenue growth accelerating or slowing?
BKV revenue growth is accelerating. TTM revenue reached $1.0B, up +68.2% year-over-year — ahead of the 5-year CAGR of +48.9%. This indicates the business is expanding faster than its historical baseline.
What is BKV's revenue history from 2020 to 2026?
BKV Corporation (BKV) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $1.0B, growing at +68.2% YoY. The 5-year CAGR is +48.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BKV's long-term revenue growth rate (CAGR)?
BKV Corporation's 5-year revenue CAGR of +48.9% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +68.2% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BKV.
Why does BKV's quarterly revenue fluctuate?
BKV quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. BKV Corporation's revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is BKV's revenue distributed by segment?
BKV reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BKV's revenue compare to industry peers?
BKV Corporation (BKV) with TTM revenue of $1.0B and +68.2% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.