Complete Filing Data
BKV Corp reported Stockholders Equity of $2.04 billion for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean BKV Corp did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Net Income * | $173.1M | -$142.9M | $116.9M | $410.1M |
| Revenues And Other Operating Income | $1.01B | $581.0M | $980.2M | $1.03B |
| Other Nonoperating Income | $4.8M | $9.0M | $6.2M | $1.4M |
| Operating Income Loss | $217.6M | -$154.8M | $157.6M | $304.6M |
| Operating Expenses | $791.2M | $735.8M | $822.6M | $726.0M |
| Income Tax Expense Benefit | $35.4M | -$43.6M | $28.2M | $62.7M |
| Income Loss From Equity Method Investments | $14.9M | $10.4M | $16.9M | $8.5M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $210.3M | -$186.5M | $145.1M | $472.8M |
| General And Administrative Expense | $124.4M | $104.5M | $114.7M | $148.6M |
| Deferred Income Tax Expense Benefit | $36.4M | -$44.8M | $32.4M | $89.1M |
| Revenue From Contract With Customer Excluding Assessed Tax | $604.5M | $739.3M | $1.66B |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income * | $76.9M | $104.6M | -$78.7M | $12.9M | -$59.7M | -$38.6M | $18.6M | -$35.3M | $96.2M |
| Revenues And Other Operating Income | $277.9M | $322.0M | $78.8M | $173.1M | $136.2M | $151.9M | $191.4M | ||
| Other Nonoperating Income | $568.0K | $440.0K | $336.0K | $1.0M | $15.0K | $335.0K | $395.0K | ||
| Operating Income Loss | $82.3M | $128.4M | -$93.7M | -$21.0M | -$43.2M | -$34.4M | -$5.3M | ||
| Operating Expenses | $195.6M | $193.6M | $172.5M | $194.1M | $179.4M | $186.3M | $196.7M | ||
| Income Tax Expense Benefit | $20.0M | $27.9M | -$29.2M | $11.3M | -$28.4M | -$13.0M | $5.2M | ||
| Income Loss From Equity Method Investments | $21.1M | $9.1M | -$9.6M | $50.6M | -$15.3M | -$7.7M | $49.1M | ||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $97.7M | $132.6M | -$107.9M | $24.2M | -$88.1M | -$51.6M | $23.7M | ||
| General And Administrative Expense | $30.7M | $30.5M | $25.3M | $33.6M | $19.3M | $20.6M | $28.5M | ||
| Deferred Income Tax Expense Benefit | -$29.6M | -$13.1M | |||||||
| Revenue From Contract With Customer Excluding Assessed Tax | $231.0M | $137.8M | $155.6M | $182.1M |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Stockholders Equity * | $2.04B | $1.56B | $1.29B | $1.04B | $663.6M |
| Temporary Equity Carrying Amount Attributable To Parent | $13.0M | $0.00 | $187.0M | $151.9M | $83.8M |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $199.4M | $14.9M | $165.1M | $153.1M | $134.7M |
| Temporary Equity Accretion To Redemption Value Adjustment | $1.4M | $0.00 | $0.00 | $24.4M | |
| Lease Operating And Workover | $152.9M | $137.0M | $150.6M | $131.5M | |
| Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 | $0.00 | -$9.7M | -$38.4M | -$6.6M | |
| Adjustment Of Equity Based Compensation To Redemption Value | $0.00 | $9.3M | $15.6M | $24.4M | |
| Gains Losses On Extinguishment Of Debt | $0.00 | -$13.9M | $0.00 | $0.00 | |
| Temporary Equity Minority Ownership Puttable Shares To Redemption Value Adjustment | -17.0M | -2.7M | 12.8M | ||
| Temporary Equity APIC Share Based Payment Arrangement Increase For Cost Recognition | $12.7M | $25.8M | $31.9M | ||
| Adjustments To Additional Paid In Capital Adjustment Of Equity Based Compensation To Redemption Value | $9.3M | -$15.6M | -$24.4M | ||
| Repayments Of Secured Debt | $742.0M | $415.0M | $0.00 | $0.00 | |
| Payment For Contingent Consideration Liability Operating Activities | $20.0M | $20.0M | $65.0M | $45.3M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | $184.5M | -$150.2M | $11.9M | $18.5M | |
| Cash And Cash Equivalents At Carrying Value | $199.4M | $14.9M | $25.4M | ||
| Gain Loss On Disposition Of Assets Transaction Costs | $0.00 | -$3.5M | $0.00 | $0.00 | |
| Treasury Stock Common Value | $6.7M | $6.7M | $4.6M | ||
| Treasury Stock Common Shares | 214.0K | 214.0K | 213.0K | ||
| Retained Earnings Accumulated Deficit | $288.8M | $117.1M | $259.9M | ||
| Repayments Of Unsecured Debt | $0.00 | $456.0M | $114.0M | $0.00 | |
| Repayments Of Notes Payable | $0.00 | $75.0M | $17.0M | $166.0M | |
| Property Plant And Equipment Other Net | $137.7M | $97.3M | $83.9M | ||
| Other Long Term Debt Noncurrent | $486.8M | $165.0M | $339.7M | ||
| Other Liabilities Noncurrent | $5.2M | $5.5M | $11.7M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $1.79B | $1.59B | $1.48B | $1.60B | $1.19B | $1.25B | $1.29B | $1.30B | $1.12B | $1.16B |
| Temporary Equity Carrying Amount Attributable To Parent | $0.00 | $189.9M | $190.1M | $143.7M | $142.1M | $135.2M | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $83.1M | $21.4M | $15.3M | $31.3M | $9.2M | $162.8M | $192.4M | |||
| Temporary Equity Accretion To Redemption Value Adjustment | $537.0K | $281.0K | $0.00 | $0.00 | $495.0K | $4.6M | -$584.0K | $10.3M | ||
| Lease Operating And Workover | $36.9M | $34.2M | $35.1M | $33.6M | $34.2M | $34.5M | $33.5M | |||
| Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 | $0.00 | $0.00 | $0.00 | -$3.9M | $524.0K | -$6.6M | -$1.2M | |||
| Adjustment Of Equity Based Compensation To Redemption Value | $0.00 | $9.6M | -$194.0K | $495.0K | ||||||
| Gains Losses On Extinguishment Of Debt | $0.00 | $0.00 | $0.00 | -$13.9M | $0.00 | |||||
| Temporary Equity Minority Ownership Puttable Shares To Redemption Value Adjustment | -17.5M | -1.1M | 1.5M | -806.0K | 86.0K | -6.9M | ||||
| Temporary Equity APIC Share Based Payment Arrangement Increase For Cost Recognition | $10.5M | $1.1M | $1.1M | $7.1M | $6.5M | $3.8M | ||||
| Adjustments To Additional Paid In Capital Adjustment Of Equity Based Compensation To Redemption Value | $9.6M | $194.0K | -$495.0K | $4.6M | -$584.0K | $10.3M | ||||
| Repayments Of Secured Debt | $135.0M | $0.00 | ||||||||
| Payment For Contingent Consideration Liability Operating Activities | $20.0M | $20.0M | ||||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | $431.0K | -$2.2M | ||||||||
| Cash And Cash Equivalents At Carrying Value | $83.1M | $21.4M | $15.3M | $31.3M | $54.1M | |||||
| Gain Loss On Disposition Of Assets Transaction Costs | $3.5M | |||||||||
| Treasury Stock Common Value | $6.7M | $6.7M | $6.7M | $6.7M | ||||||
| Treasury Stock Common Shares | 214.0K | 214.0K | 214.0K | 214.0K | ||||||
| Retained Earnings Accumulated Deficit | $219.0M | $142.7M | $38.4M | $182.0M | ||||||
| Repayments Of Unsecured Debt | ||||||||||
| Repayments Of Notes Payable | ||||||||||
| Property Plant And Equipment Other Net | $124.1M | $104.3M | $94.8M | $91.2M | ||||||
| Other Long Term Debt Noncurrent | $486.6M | $200.0M | $200.0M | $190.0M | ||||||
| Other Liabilities Noncurrent | $6.6M | $5.1M | $5.7M | $38.8M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Proceeds From Sale Of Oil And Gas Property And Equipment | $6.9M | $5.1M | $6.7M | $0.00 |
| Share Based Compensation | $12.8M | $16.3M | $25.8M | $31.9M |
| Proceeds From Long Term Lines Of Credit | $0.00 | $44.0M | $375.5M | $190.0M |
| Proceeds From Issuance Of Secured Debt | $577.0M | $580.0M | $0.00 | $0.00 |
| Proceeds From Call Option Sales | $0.00 | $23.5M | $0.00 | $0.00 |
| Payments To Acquire Other Productive Assets | $272.1M | $0.00 | $4.9M | $248.1M |
| Payments Related To Tax Withholding For Share Based Compensation | $1.6M | $53.2M | $3.0M | $1.2M |
| Payments Of Stock Issuance Costs | $0.00 | $3.9M | $2.9M | $5.6M |
| Payments For Proceeds From Other Investing Activities | $1.6M | $649.0K | -$8.1M | -$2.0M |
| Net Cash Provided By Used In Operating Activities | $242.7M | $118.5M | $123.1M | $349.2M |
| Net Cash Provided By Used In Investing Activities | -$564.9M | $36.1M | -$177.8M | -$865.6M |
| Net Cash Provided By Used In Financing Activities | $506.7M | -$304.8M | $66.7M | $534.8M |
| Increase Decrease In Other Operating Capital Net | $2.3M | $2.4M | $6.5M | $49.0M |
| Increase Decrease In Accrued Offering Costs | $501.0K | -$341.0K | -$604.0K | $945.0K |
| Increase Decrease In Accounts Receivable | $35.5M | $4.7M | -$86.5M | $39.4M |
| Increase Decrease In Accounts Payable And Accrued Liabilities | $46.7M | -$32.2M | -$98.2M | $62.5M |
| Depreciation Depletion And Amortization | $159.0M | $217.9M | $224.4M | $130.0M |
| Proceeds From Divestiture Of Businesses | $0.00 | $132.6M | $0.00 | $0.00 |
| Payments Of Debt Issuance Costs | $15.9M | $8.1M | $0.00 | $7.7M |
| Payments Of Debt Extinguishment Costs | $0.00 | $10.2M | $0.00 | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|
| Proceeds From Sale Of Oil And Gas Property And Equipment | $5.6M | $200.0K | $1.1M | $900.0K | $0.00 |
| Share Based Compensation | $2.1M | $1.1M | |||
| Proceeds From Long Term Lines Of Credit | $0.00 | $30.0M | |||
| Proceeds From Issuance Of Secured Debt | $170.0M | $0.00 | |||
| Proceeds From Call Option Sales | $0.00 | $23.5M | |||
| Payments To Acquire Other Productive Assets | $57.4M | $19.9M | |||
| Payments Related To Tax Withholding For Share Based Compensation | $1.2M | $0.00 | |||
| Payments Of Stock Issuance Costs | $0.00 | $590.0K | |||
| Payments For Proceeds From Other Investing Activities | -$257.0K | $23.0K | |||
| Net Cash Provided By Used In Operating Activities | $22.6M | $19.3M | |||
| Net Cash Provided By Used In Investing Activities | -$56.0M | -$19.9M | |||
| Net Cash Provided By Used In Financing Activities | $33.8M | -$1.6M | |||
| Increase Decrease In Other Operating Capital Net | -$2.8M | $238.0K | |||
| Increase Decrease In Accrued Offering Costs | $0.00 | -$142.0K | |||
| Increase Decrease In Accounts Receivable | $6.8M | $6.2M | |||
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$16.5M | -$20.7M | |||
| Depreciation Depletion And Amortization | $40.1M | $52.3M | |||
| Proceeds From Divestiture Of Businesses | |||||
| Payments Of Debt Issuance Costs | |||||
| Payments Of Debt Extinguishment Costs |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 86.6M | 71.3M | 60.7M | 58.7M |
| Weighted Average Number Of Diluted Shares Outstanding | 86.8M | 71.3M | 64.4M | 62.0M |
| Earnings Per Share Diluted | $1.98 | $-2.00 | $1.82 | $6.62 |
| Earnings Per Share Basic | $1.98 | $-2.00 | $1.93 | $6.99 |
| Common Stock Shares Outstanding | 96.9M | 84.6M | 63.9M | |
| Common Stock Shares Issued | 96.9M | 84.6M | 63.9M | |
| Common Stock Shares Authorized | 500.0M | 500.0M | 300.0M | |
| Common Stock Par Or Stated Value Per Share | $0.01 | $0.01 | $0.01 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 |
|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 84.8M | 84.7M | 84.7M | 68.0M | 66.3M | 66.3M | 59.0M |
| Weighted Average Number Of Diluted Shares Outstanding | 85.0M | 84.8M | 84.7M | 70.6M | 66.3M | 66.3M | 62.2M |
| Earnings Per Share Diluted | $0.90 | $1.23 | $-0.93 | $0.18 | $-0.90 | $-0.58 | $0.30 |
| Earnings Per Share Basic | $0.90 | $1.23 | $-0.93 | $0.19 | $-0.90 | $-0.58 | $0.31 |
| Common Stock Shares Outstanding | 90.0M | 84.7M | 84.7M | 83.9M | |||
| Common Stock Shares Issued | 90.0M | 84.7M | 84.7M | 83.9M | |||
| Common Stock Shares Authorized | 500.0M | 500.0M | 300.0M | 300.0M | |||
| Common Stock Par Or Stated Value Per Share | $0.01 | $0.01 | $0.01 | $0.01 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Taxes Excluding Income And Excise Taxes | $50.8M | $35.0M | $72.3M | $114.7M |
| Results Of Operations Depreciation Depletion Amortization And Accretion | $157.5M | $217.5M | $223.4M | $118.9M |
| Other General Expense | $54.9M | $19.4M | $12.6M | $3.6M |
| Investment Income Interest | $1.6M | $3.9M | $3.1M | $1.1M |
| Gathering And Transportation Costs | $250.8M | $222.4M | $249.0M | $208.8M |
| Derivative Gain Loss On Derivative Net | $105.1M | -$34.2M | $238.7M | -$629.7M |
| Adjustments To Additional Paid In Capital Adjustment Of Minority Ownership Puttable Shares To Redemption Value | 17.0M | 2.7M | -12.8M | |
| Gain Loss On Sale Of Business | $0.00 | $7.1M | $0.00 | $0.00 |
| Unrealized Gain Loss On Derivatives | $113.2M | -$146.7M | $148.6M | $58.8M |
| Repayments Of Long Term Lines Of Credit | $0.00 | $171.0M | $338.5M | $100.0M |
| Other Noncash Income Expense | -$3.7M | $3.9M | -$3.0M | -$911.0K |
| Interest Paid Net | $16.4M | $60.5M | $68.5M | $32.1M |
| Change In Expenditures Incurred But Not Yet Paid | $18.3M | $16.7M | -$23.9M | $19.2M |
| Asset Retirement Obligations Noncurrent | $230.4M | $198.8M | $193.2M | $181.1M |
| Adjustment Of Minority Ownership Puttable Shares To Redemption Value | 0.00 | 17.0M | 2.7M | 12.8M |
| Unproved Oil And Gas Property Successful Effort Method | $13.2M | $10.8M | $15.8M | |
| Proved Oil And Gas Property Successful Effort Method | $2.97B | $2.32B | $2.37B |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Taxes Excluding Income And Excise Taxes | $11.6M | $13.4M | $10.2M | $10.7M | $9.9M | $11.4M | $17.7M | ||
| Results Of Operations Depreciation Depletion Amortization And Accretion | $37.9M | $38.0M | $40.0M | $57.4M | $59.3M | $52.2M | $52.3M | ||
| Other General Expense | $16.6M | $14.5M | $6.2M | $4.1M | $3.0M | $8.6M | $2.2M | ||
| Investment Income Interest | $274.0K | $162.0K | $149.0K | $202.0K | $1.8M | $1.6M | $419.0K | ||
| Gathering And Transportation Costs | $61.8M | $63.0M | $55.8M | $54.7M | $53.7M | $59.1M | $62.5M | ||
| Derivative Gain Loss On Derivative Net | $74.9M | $112.2M | -$152.2M | $35.3M | -$7.5M | -$3.7M | $9.3M | ||
| Adjustments To Additional Paid In Capital Adjustment Of Minority Ownership Puttable Shares To Redemption Value | 17.5M | 1.1M | -1.5M | 806.0K | -86.0K | 6.9M | |||
| Gain Loss On Sale Of Business | $0.00 | $0.00 | $0.00 | $6.0M | |||||
| Unrealized Gain Loss On Derivatives | -$134.0M | -$40.1M | |||||||
| Repayments Of Long Term Lines Of Credit | $0.00 | $31.0M | |||||||
| Other Noncash Income Expense | $187.0K | -$743.0K | |||||||
| Interest Paid Net | $4.5M | $4.0M | |||||||
| Change In Expenditures Incurred But Not Yet Paid | $628.0K | -$1.8M | |||||||
| Asset Retirement Obligations Noncurrent | $227.7M | $204.3M | $200.7M | $195.2M | |||||
| Adjustment Of Minority Ownership Puttable Shares To Redemption Value | 0.00 | 1.5M | |||||||
| Unproved Oil And Gas Property Successful Effort Method | $10.8M | $10.7M | $10.9M | $10.5M | |||||
| Proved Oil And Gas Property Successful Effort Method | $2.88B | $2.43B | $2.36B | $2.26B |
Most recent annual filing with the SEC: March 6, 2026
Data sourced from SEC EDGAR public filings as of August 7, 2026.