Income Statement - BLACK HILLS CORP /SD/ (BKH)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,310.00 | 2,127.70 | 2,331.30 | 2,551.80 | 1,949.10 | 1,696.94 | 1,734.90 | 1,754.27 | 1,680.27 | 1,538.92 | 1,261.32 | 1,393.57 | 1,275.85 | 1,173.88 | 1,272.19 | 1,219.69 | 1,269.58 | 1,005.79 | 574.84 | 542.59 |
| Cost of revenue | 1,421.30 | 1,287.30 | 1,534.90 | 1,779.00 | 1,243.60 | 987.81 | 1,066.82 | 1,107.32 | 1,017.89 | 925.74 | 780.70 | 940.88 | 837.83 | 735.26 | 915.94 | 566.97 | 652.73 | 449.74 | 161.01 | 191.65 |
| Gross profit | 888.70 | 840.40 | 796.40 | 772.80 | 705.50 | 709.13 | 668.08 | 646.95 | 662.37 | 613.18 | 480.63 | 452.69 | 438.02 | 438.62 | 356.25 | 652.72 | 616.85 | 556.05 | 413.83 | 350.93 |
| Total operating expenses | 351.20 | 337.30 | 323.70 | 317.60 | 296.10 | 280.83 | 262.04 | 249.92 | 245.64 | 277.00 | 180.21 | 188.83 | 178.58 | 162.18 | 170.01 | 469.30 | 490.02 | 500.17 | 288.12 | 248.80 |
| Operating income | 537.50 | 503.10 | 472.70 | 455.20 | 409.40 | 428.30 | 406.04 | 397.04 | 416.74 | 336.18 | 300.42 | 263.87 | 259.45 | 276.44 | 186.24 | 183.42 | 126.83 | 55.88 | 125.72 | 102.14 |
| Non-operating income (net) | -194.00 | -183.10 | -171.10 | -159.20 | -151.00 | -152.62 | -163.14 | -141.16 | -134.99 | -130.29 | -80.22 | -66.35 | -78.01 | -106.82 | -128.77 | -99.67 | -16.10 | -141.68 | -18.01 | -23.77 |
| Income before tax | 343.50 | 320.00 | 301.60 | 296.00 | 258.40 | 275.68 | 242.90 | 255.88 | 281.74 | 205.89 | 220.21 | 197.52 | 181.43 | 169.63 | 57.47 | 83.75 | 110.73 | -85.80 | 107.71 | 78.37 |
| Income tax expense | 43.70 | 36.30 | 25.60 | 25.20 | 7.20 | 32.92 | 29.58 | -23.67 | 73.37 | 59.10 | 78.66 | 66.63 | 63.04 | 60.22 | 18.22 | 22.17 | 33.32 | -29.40 | 32.43 | 23.10 |
| Net income | 291.60 | 273.10 | 262.20 | 258.40 | 236.70 | 227.61 | 199.31 | 258.44 | 177.03 | 72.97 | -32.11 | 130.89 | 117.42 | 102.44 | 49.73 | 68.69 | 81.56 | 105.08 | 98.77 | 81.02 |
Show Quarterly Income Statement
Income Statement - BLACK HILLS CORP /SD/ (BKH)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 780.70 | 635.50 | 430.20 | 439.00 | 805.20 | 597.10 | 401.60 | 402.60 | 726.40 | 591.73 | 407.10 | 411.30 | 921.20 | 791.44 | 462.61 | 474.20 | 823.57 | 562.51 | 380.59 | 372.57 | 633.43 | 486.39 | 346.59 | 326.91 | 537.05 | 477.65 | 325.55 | 333.89 | 597.81 | 501.20 | 321.98 | 355.70 | 575.39 | 436.15 | 335.61 | 341.83 | 547.53 | 463.79 | 333.79 | 325.44 | 449.96 | 318.26 | 272.11 | 272.25 | 441.99 | 378.08 | 272.09 | 283.24 | 460.17 | 355.45 | 259.91 | 279.83 | 380.67 | 318.86 | 246.81 | 242.36 | 365.85 | 339.30 | 249.52 | 260.65 | 400.84 | 329.27 | 249.49 | 256.34 | 426.50 | 348.49 | 225.80 | 257.35 | 437.94 | 407.78 | 291.89 | 153.27 | 179.21 | 183.08 | 130.17 | 133.53 | 186.53 | 173.57 | 157.61 | 153.81 | 171.89 |
| Cost of revenue | 562.70 | 373.40 | 262.80 | 271.60 | 513.40 | 348.30 | 240.10 | 248.80 | 450.20 | 372.63 | 227.90 | 267.10 | 667.30 | 581.80 | 302.98 | 321.14 | 573.06 | 372.75 | 216.33 | 231.72 | 422.83 | 291.08 | 194.45 | 188.94 | 313.35 | 288.22 | 190.13 | 215.15 | 373.33 | 324.67 | 195.94 | 222.94 | 363.74 | 259.52 | 195.54 | 210.06 | 334.33 | 284.29 | 195.30 | 197.03 | 278.92 | 193.84 | 161.46 | 164.23 | 298.46 | 259.01 | 169.09 | 188.76 | 324.03 | 239.55 | 158.05 | 185.04 | 255.19 | 202.55 | 144.45 | 143.73 | 244.54 | 174.52 | 167.25 | 184.95 | 210.51 | 157.59 | 86.93 | 97.50 | 236.31 | 185.44 | 94.12 | 112.17 | 261.02 | 219.10 | 131.30 | 46.95 | 54.62 | 45.19 | 39.13 | 33.10 | 51.29 | 52.32 | 47.74 | 49.28 | 54.13 |
| Gross profit | 218.00 | 262.10 | 167.40 | 167.40 | 291.80 | 248.80 | 161.50 | 153.80 | 276.20 | 219.11 | 179.20 | 144.20 | 253.90 | 209.64 | 159.63 | 153.06 | 250.51 | 189.76 | 164.26 | 140.85 | 210.61 | 195.31 | 152.15 | 137.98 | 223.71 | 189.43 | 135.42 | 118.74 | 224.48 | 176.52 | 126.04 | 132.76 | 211.65 | 176.63 | 140.07 | 131.77 | 213.20 | 179.50 | 138.49 | 128.41 | 171.04 | 124.42 | 110.65 | 108.02 | 143.53 | 119.07 | 103.00 | 94.48 | 136.14 | 115.90 | 101.86 | 94.79 | 125.48 | 116.31 | 102.36 | 98.64 | 121.31 | 164.78 | 82.27 | 75.70 | 190.32 | 171.68 | 162.56 | 158.84 | 190.19 | 163.05 | 131.68 | 145.18 | 176.92 | 188.68 | 160.59 | 106.33 | 124.60 | 137.89 | 91.04 | 100.43 | 135.24 | 121.25 | 109.87 | 104.53 | 117.76 |
| Total operating expenses | 18.10 | 90.70 | 88.70 | 84.90 | 86.80 | 85.50 | 85.70 | 83.20 | 82.90 | 82.58 | 81.40 | 80.70 | 79.00 | 79.62 | 80.15 | 80.67 | 77.16 | 75.79 | 74.38 | 73.59 | 72.29 | 69.36 | 69.91 | 71.04 | 70.52 | 68.07 | 64.87 | 64.74 | 64.35 | 62.40 | 60.95 | 63.21 | 63.38 | 54.79 | 60.51 | 61.97 | 63.01 | 124.21 | 80.08 | 93.11 | 97.45 | 124.22 | 112.69 | 146.88 | 73.03 | 49.12 | 47.76 | 47.07 | 45.71 | 44.80 | 46.29 | 45.75 | 45.63 | 41.05 | 24.55 | 78.04 | 51.27 | 118.31 | 42.70 | 39.54 | 131.96 | 126.26 | 114.62 | 128.00 | 120.48 | 112.41 | 114.77 | 119.37 | 143.45 | 226.55 | 117.90 | 80.80 | 88.03 | 92.17 | 72.65 | 68.61 | 79.29 | 81.32 | 68.92 | 72.10 | 78.39 |
| Operating income | 199.90 | 171.40 | 78.70 | 82.50 | 205.00 | 163.30 | 75.80 | 70.60 | 193.30 | 136.53 | 97.80 | 63.50 | 174.90 | 130.02 | 79.48 | 72.39 | 173.35 | 113.98 | 89.87 | 67.27 | 138.32 | 125.95 | 82.23 | 66.93 | 153.19 | 121.36 | 70.55 | 54.00 | 160.13 | 114.13 | 65.09 | 69.55 | 148.27 | 121.84 | 79.56 | 69.80 | 150.19 | 55.29 | 58.41 | 35.30 | 73.59 | 0.20 | -2.04 | -38.86 | 70.50 | 69.95 | 55.24 | 47.41 | 90.43 | 71.10 | 55.57 | 49.04 | 79.85 | 75.26 | 77.81 | 20.59 | 70.05 | 46.47 | 39.57 | 36.16 | 58.37 | 45.42 | 47.94 | 30.84 | 69.70 | 50.64 | 16.91 | 25.81 | 33.47 | -37.87 | 42.69 | 25.52 | 36.56 | 45.72 | 18.39 | 31.83 | 55.96 | 39.93 | 40.95 | 32.43 | 39.37 |
| Non-operating income (net) | -49.20 | -45.60 | -48.80 | -49.30 | -50.50 | -49.50 | -46.50 | -42.20 | -44.80 | -43.56 | -41.60 | -43.00 | -42.80 | -44.68 | -39.56 | -37.20 | -37.84 | -38.82 | -36.46 | -38.39 | -37.33 | -38.02 | -37.23 | -37.41 | -39.96 | -40.99 | -52.65 | -34.00 | -35.51 | -34.41 | -35.81 | -35.84 | -35.10 | -34.72 | -33.18 | -33.22 | -34.08 | -34.61 | -33.88 | -31.71 | -29.29 | -21.89 | -19.93 | -23.25 | -18.64 | -17.90 | -16.24 | -16.11 | -16.11 | -41.02 | -19.11 | -2.90 | -14.99 | -26.01 | -25.30 | -40.51 | -15.00 | -21.85 | -59.80 | -29.49 | -16.37 | 3.44 | -36.88 | -45.93 | -22.11 | -1.20 | -24.32 | 10.90 | -1.49 | -110.09 | -12.85 | -6.45 | -11.12 | -11.57 | -3.75 | -3.05 | -7.44 | -9.15 | -11.39 | -13.68 | -10.62 |
| Income before tax | 150.70 | 125.80 | 29.90 | 33.20 | 154.50 | 113.80 | 29.30 | 28.40 | 148.50 | 92.97 | 56.20 | 20.50 | 132.10 | 85.34 | 39.92 | 35.19 | 135.51 | 75.16 | 53.42 | 28.87 | 100.98 | 87.93 | 45.00 | 29.53 | 113.23 | 80.37 | 17.90 | 20.00 | 124.63 | 79.72 | 29.28 | 33.71 | 113.18 | 87.13 | 46.38 | 36.58 | 116.10 | 20.68 | 24.53 | 3.59 | 44.30 | -21.70 | -21.98 | -62.11 | 51.86 | 52.05 | 39.00 | 31.31 | 74.32 | 30.09 | 36.46 | 46.13 | 64.86 | 49.26 | 52.52 | -19.92 | 55.04 | 24.61 | -20.22 | 6.67 | 42.00 | 48.86 | 11.07 | -15.09 | 47.59 | 49.44 | -7.41 | 36.72 | 31.98 | -147.96 | 29.83 | 19.08 | 25.44 | 34.16 | 14.64 | 28.77 | 48.51 | 30.78 | 29.56 | 18.75 | 28.75 |
| Income tax expense | 17.60 | 17.20 | 4.00 | 4.40 | 18.10 | 12.70 | 2.90 | 3.70 | 16.90 | 9.65 | 7.40 | -6.10 | 14.70 | 9.29 | 2.09 | -0.66 | 14.49 | 0.84 | 5.25 | 0.59 | 0.49 | 7.43 | 4.65 | 4.83 | 16.00 | 7.50 | 2.51 | 2.31 | 17.26 | -11.88 | 7.48 | 6.54 | -25.80 | 15.81 | 13.48 | 10.65 | 34.39 | -0.73 | 6.64 | 0.31 | 4.25 | -7.52 | -12.04 | -20.32 | 17.71 | 18.05 | 11.64 | 10.96 | 25.67 | 11.08 | 13.33 | 15.62 | 21.58 | 18.34 | 17.91 | -7.57 | 19.72 | 8.43 | -9.02 | 3.01 | 13.93 | 15.43 | -1.46 | -5.14 | 16.48 | 17.02 | -3.44 | 13.71 | 6.02 | -51.38 | 10.31 | 5.88 | 8.87 | 9.41 | 3.51 | 9.29 | 16.01 | 9.86 | 7.36 | 6.39 | 10.19 |
| Net income | 131.00 | 104.90 | 24.90 | 27.50 | 134.30 | 98.10 | 24.40 | 22.80 | 127.90 | 79.68 | 45.40 | 23.10 | 114.10 | 72.47 | 34.97 | 33.42 | 117.53 | 71.16 | 44.11 | 25.16 | 96.32 | 77.19 | 36.28 | 20.97 | 93.17 | 69.18 | 11.74 | 14.58 | 103.81 | 86.57 | 16.95 | 21.92 | 133.00 | 50.65 | 27.66 | 22.20 | 76.52 | 18.17 | 14.13 | 0.67 | 40.00 | -14.18 | -9.94 | -41.84 | 33.85 | 34.01 | 27.36 | 20.35 | 48.65 | 18.12 | 23.12 | 30.52 | 43.20 | 30.77 | 34.46 | -13.48 | 29.79 | 25.59 | -10.53 | 7.75 | 26.91 | 33.52 | 12.39 | -8.66 | 31.43 | 32.76 | -2.18 | 24.58 | 26.39 | -98.82 | 164.91 | 22.20 | 16.79 | 23.76 | 17.46 | 25.10 | 32.45 | 20.83 | 22.28 | 11.76 | 26.15 |