Black Hills (BKH) Reports Q4 Profit Increase

Black Hills Corporation (BKH) released its Q4 2025 results, reporting a 12% year-over-year increase in net income to $348.9 million, driven by higher wholesale power prices and strong demand in its utility districts. The company generated $1.23 billion in revenue for the quarter, up from $1.1 billion in Q4 2024. Operating income rose 15% to $285 million. The results reflect improved performance in its transmission and generation segments, with adjusted EBITDA reaching $460 million, up 14% year-over-year.