BKHNYSEElectric ServicesFiscal year ends December 31
BLACK HILLS CORP /SD/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$76.40−0.23 (-0.30%)
Close on Oct 19, 2026
- Market cap
- $5.81B
- P/E (TTM)
- 19.3
- Dividend yield
- 3.54%
BLACK HILLS CORP /SD/ revenue by segment
By business segment
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gas Utilities | $230.50M | $543.10M | $402.90M | $184.40M | $223.00M | $572.40M | $385.20M | $173.60M | $202.00M | $508.70M | $380.30M | $174.30M | 50.9% | +3.4% |
| Electric Utilities | $226.30M | $241.60M | $236.50M | $249.70M | $219.90M | $236.70M | $216.30M | $232.50M | $205.10M | $222.20M | $215.90M | $237.30M | 50.0% | +2.9% |
| Operating income | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Electric Utilities | $61.10M | $59.90M | $56.80M | $62.40M | $49.00M | $54.30M | $57.00M | $65.10M | $46.30M | $64.60M | $58.10M | $83.00M | +24.7% |
| Gas Utilities | $43.10M | $146.50M | $113.10M | $20.80M | $35.50M | $151.50M | $106.70M | $10.90M | $23.00M | $130.80M | $81.10M | $15.40M | +21.4% |
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alternative revenue and other | $12.20M | $18.70M | $12.90M | $2.80M | $3.30M | $4.80M | $12.10M | $3.00M | $5.50M | $9.20M | – | – | 2.7% | +269.7% |
| Other revenues | – | – | – | – | – | – | – | $3.00M | $5.50M | $9.20M | $7.40M | $7.00M | – | – |
By region
From the segment and revenue-disaggregation notes of Black Hills's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.