# BKV Corp: overview

BKV · NYSE · CIK 1838406 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bkv.md) · [Financials](/companies/bkv/financials.md) · [Filings](/companies/bkv/filings.md) · [Insiders](/companies/bkv/insiders.md)

Latest reported revenue: [$322.5m](/filings/0001628280-26-054162.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-054162).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [133](/filings/0001628280-25-051049.md) | [386 d](/filings/0001104659-26-098821.md) | [272](/filings/0001628280-26-032241.md) | [269](/filings/0001628280-26-054162.md) | [200](/filings/0001628280-25-051049.md) | [505 d](/filings/0001104659-26-098821.md) | [377](/filings/0001628280-26-032241.md) | [322](/filings/0001628280-26-054162.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(15.7%)](/filings/0001628280-25-051049.md) | [8.9% d](/filings/0001104659-26-098821.md) | [(36.7%)](/filings/0001628280-26-032241.md) | [60.1%](/filings/0001628280-26-054162.md) | [41.2%](/filings/0001628280-25-051049.md) | [37.0% d](/filings/0001104659-26-098821.md) | [22.8%](/filings/0001628280-26-032241.md) | [37.7%](/filings/0001628280-26-054162.md) |
| Net margin | % | [9.6%](/filings/0001628280-25-051049.md) | [(13.8%) d](/filings/0001104659-26-098821.md) | [(30.1%)](/filings/0001628280-26-032241.md) | [40.1%](/filings/0001628280-26-054162.md) | [38.5%](/filings/0001628280-25-051049.md) | [15.1% d](/filings/0001104659-26-098821.md) | [11.7%](/filings/0001628280-26-032241.md) | [23.5%](/filings/0001628280-26-054162.md) |
| Diluted EPS | $ per share | [0.18](/filings/0001628280-25-051049.md) | not reported | [(0.97)](/filings/0001628280-26-032241.md) | [1.27](/filings/0001628280-26-054162.md) | [0.90](/filings/0001628280-25-051049.md) | not reported | [0.42](/filings/0001628280-26-032241.md) | [0.67](/filings/0001628280-26-054162.md) |
| Free cash flow | $m | [12.2 d](/filings/0001628280-25-051049.md) | [(12.0) d](/filings/0001104659-26-098821.md) | [(41.2)](/filings/0001628280-26-032241.md) | [22.8 d](/filings/0001628280-26-054162.md) | [(17.3) d](/filings/0001628280-25-051049.md) | [10.9 d](/filings/0001104659-26-098821.md) | [(34.5)](/filings/0001628280-26-032241.md) | [22.9 d](/filings/0001628280-26-054162.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-12-31) | FY (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,660](/filings/0001628280-25-015622.md) | [1,010](/filings/0001104659-26-098821.md) | [806](/filings/0001104659-26-098821.md) | [1,141](/filings/0001104659-26-098821.md) |
| Gross margin | % | not reported | not reported | not reported | not reported |
| Operating margin | % | [18.3%](/filings/0001628280-25-015622.md) | [23.9%](/filings/0001104659-26-098821.md) | [(8.0%)](/filings/0001104659-26-098821.md) | [26.6%](/filings/0001104659-26-098821.md) |
| Net margin | % | [24.7%](/filings/0001628280-25-015622.md) | [12.2%](/filings/0001104659-26-098821.md) | [(17.2%)](/filings/0001104659-26-098821.md) | [15.7%](/filings/0001104659-26-098821.md) |
| Diluted EPS | $ per share | [6.62](/filings/0001628280-25-015622.md) | [1.92](/filings/0001104659-26-098821.md) | [(1.94)](/filings/0001104659-26-098821.md) | [2.05](/filings/0001104659-26-098821.md) |
| Free cash flow | $m | not reported | [58.8](/filings/0001104659-26-098821.md) | [10.0](/filings/0001104659-26-098821.md) | [(24.7)](/filings/0001104659-26-098821.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bkv/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [DME Capital Management, LP](/funds/1489933.md) | 2026-06-30 | $84.7m | 3,095,173 |  | Added +399,630 |
| [Yaupon Capital Management LP](/funds/1755028.md) | 2026-06-30 | $75.8m | 2,768,719 |  | Added +728,364 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $74.2m | 2,713,477 |  | Added +632,709 |
| [Boston Partners](/funds/1386060.md) | 2026-06-30 | $69.8m | 2,552,101 |  | Added +344,916 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $53.6m | 1,959,187 |  | Reduced −263,909 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $50.5m | 1,844,033 |  | Added +1,842,193 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $49.3m | 1,800,958 |  | Added +1,292,795 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $48.2m | 1,763,029 |  | Added +388,395 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $46.0m | 1,682,242 |  | Added +213,675 |
| [Merewether Investment Management, LP](/funds/1736852.md) | 2026-06-30 | $45.8m | 1,673,695 |  | Added +26,922 |

## Recent filings

[All 307 filings](/companies/bkv/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-07 | 07:05 ET | [8-K](/filings/0001104659-26-114193.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-114193 |
| 2026-09-25 | 16:07 ET | [8-K](/filings/0001104659-26-110966.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-110966 |
| 2026-09-14 | 17:01 ET | [8-K](/filings/0001104659-26-107535.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001104659-26-107535 |
| 2026-09-10 | 08:35 ET | [8-K](/filings/0001104659-26-106560.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-106560 |
| 2026-08-19 | 17:17 ET | [10-K/A](/filings/0001104659-26-098821.md) | Annual report, amended, period 2025-12-31 | 0001104659-26-098821 |
| 2026-08-06 | 14:25 ET | [10-Q](/filings/0001628280-26-054162.md) | Quarterly report, period 2026-06-30 | 0001628280-26-054162 |
| 2026-08-06 | 09:18 ET | [8-K/A](/filings/0001628280-26-053966.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-053966 |
| 2026-08-06 | 07:02 ET | [8-K](/filings/0001628280-26-053820.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-053820 |
| 2026-06-12 | 16:17 ET | [8-K](/filings/0001104659-26-073479.md) | 5.07 Shareholder vote results | 0001104659-26-073479 |
| 2026-05-22 | 16:28 ET | [8-K](/filings/0001104659-26-065750.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-065750 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-015661.md), filed Mar 6, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/3993ab03-508c-40d1-9712-359efb39a302)

## About the filer

- CIK: 1838406
- Tickers: BKV
- Exchange: NYSE
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 18:55 ET. No prices; not investment advice.