Black Hills (BKH) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.54
- EPS estimate
- $0.41
- EPS surprise
- +32.97%
- Revenue surprise
- −7.76%
- Revenue
- $452.8M
- Revenue estimate
- $490.9M
- Reported
- Aug 5, 2026
Black Hills reported Q2 2026 results on August 5, 2026. Earnings per share were $0.54, ahead of the $0.41 estimate by 32.97%. Revenue was $452.8 million, 7.76% below the $490.9 million consensus. Compared with Q2 2025, EPS rose about 42% from $0.38 and revenue rose about 3% from $439.0 million.
Earnings follow a strong seasonal pattern. Q1 and Q4 are the big quarters, with Q1 EPS between $1.73 and $1.87 in each of the past five years, while Q2 and Q3 are much smaller. Q2 2026 was the best Q2 in the table. Annual EPS has been steady: $3.99 in 2022, $3.92 in both 2023 and 2024, and $4.11 in 2025. The first half of 2026 earned $2.33, about 4% more than the $2.25 a year earlier. Revenue has moved less consistently, from about $2.55 billion in 2022 to $2.13 billion in 2024 and $2.31 billion in 2025. Black Hills beat the EPS estimate in 13 of the last 20 quarters.
Q3 results have come out between November 1 and November 6 in each of the past five years, pointing to early November 2026 for the next report. Q3 has typically been one of the smaller quarters in the table.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 5, 2026 | $0.41 | $0.54 | +32.97% | $452.8M | SEC |
| Q1 2026 | May 6, 2026 | $1.84 | $1.79 | −2.72% | $780.7M | SEC |
| Q4 2025 | Feb 4, 2026 | $1.39 | $1.41 | +1.30% | $635.5M | SEC |
| Q3 2025 | Nov 5, 2025 | $0.39 | $0.45 | +13.98% | $430.2M | SEC |
| Q2 2025 | Jul 30, 2025 | $0.36 | $0.38 | +5.56% | $439.0M | SEC |
| Q1 2025 | May 8, 2025 | $1.94 | $1.87 | −3.73% | $805.2M | SEC |
| Q4 2024 | Feb 5, 2025 | $1.34 | $1.37 | +2.33% | $597.1M | SEC |
| Q3 2024 | Nov 6, 2024 | $0.49 | $0.35 | −28.86% | $401.6M | SEC |
| Q2 2024 | Jul 31, 2024 | $0.29 | $0.33 | +13.79% | $402.6M | SEC |
| Q1 2024 | May 8, 2024 | $1.70 | $1.87 | +10.21% | $726.4M | SEC |
| Q4 2023 | Feb 7, 2024 | $1.08 | $1.17 | +8.58% | $591.7M | SEC |
| Q3 2023 | Nov 1, 2023 | $0.51 | $0.67 | +32.02% | $407.1M | SEC |
| Q2 2023 | Aug 2, 2023 | $0.38 | $0.35 | −6.67% | $411.3M | SEC |
| Q1 2023 | May 3, 2023 | $1.67 | $1.73 | +3.39% | $921.2M | SEC |
| Q4 2022 | Feb 7, 2023 | $1.17 | $1.11 | −4.99% | $791.4M | SEC |
| Q3 2022 | Nov 2, 2022 | $0.58 | $0.54 | −7.01% | $462.6M | SEC |
| Q2 2022 | Aug 3, 2022 | $0.40 | $0.52 | +29.45% | $474.2M | SEC |
| Q1 2022 | May 4, 2022 | $1.65 | $1.82 | +10.08% | $823.6M | SEC |
| Q4 2021 | Feb 9, 2022 | $1.26 | $1.11 | −11.90% | $562.5M | SEC |
| Q3 2021 | Nov 2, 2021 | $0.64 | $0.70 | +8.71% | $380.6M | SEC |
Quarterly revenue
Frequently asked questions
When did Black Hills (BKH) last report earnings?
Black Hills last reported on Aug 5, 2026, covering fiscal Q2 2026.
Did BKH beat earnings estimates?
Yes. Black Hills reported EPS of $0.54 for Q2 2026 against a $0.41 estimate — a 32.97% beat.
How much revenue did BKH report last quarter?
Black Hills reported $452.8M in revenue for Q2 2026, against a consensus estimate of $490.9M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
