Filing Flows › Black Hills (BKH) › Capital expenditures
Black Hills (BKH) capital expenditures by quarter
Black Hills' capital expenditures were $270M in Q3 2026 (third quarter 2026), +24% from Q2 2026. Over the last 7 quarters it ranged from $153M (Q1 2025) to $270M (Q3 2026).
| Quarter | Capital expenditures | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $270M | +24% | +52% |
| Q2 2026 | $218M | -18% | -0.4% |
| Q1 2026 | $267M | -0.8% | +75% |
| Q4 2025 | $270M | +51% | — |
| Q3 2025 | $178M | -19% | — |
| Q2 2025 | $219M | +43% | — |
| Q1 2025 | $153M | — | — |
Q3 2026 at a glance
Black Hills, Q3 2026: revenue $466M (+8% year over year), operating margin 21.0%, net earnings $41.0M, operating cash flow $171M. The chart follows the revenue to costs, profit and cash.
Questions
What is Black Hills' capital expenditures?
Black Hills' capital expenditures were $270M in Q3 2026 (third quarter 2026), +24% from Q2 2026.
How has Black Hills' capital expenditures changed?
Over the last 7 quarters it ranged from $153M (Q1 2025) to $270M (Q3 2026).