Black Hills annual stock-based compensation
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Black Hills Stock-Based Compensation Growth & History (BKH)
Black Hills's stock-based compensation was $11.8M for fiscal 2025.
View full Black Hills company overviewBlack Hills annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $11.8M | $1.2M | +11.32% |
| 2024 | 2024-12-31 | $10.6M | $3.6M | +51.43% |
| 2023 | 2023-12-31 | $7.0M | −$1.6M | −18.60% |
| 2022 | 2022-12-31 | $8.6M | −$1.1M | −11.34% |
| 2021 | 2021-12-31 | $9.7M | $4.3M | +80.53% |
| 2020 | 2020-12-31 | $5.4M | −$6.7M | −55.58% |
| 2019 | 2019-12-31 | $12.1M | −$295,000 | −2.38% |
| 2018 | 2018-12-31 | $12.4M | $4.8M | +62.47% |
| 2017 | 2017-12-31 | $7.6M | −$3.3M | −29.94% |
| 2016 | 2016-12-31 | $10.9M | $6.8M | +167.05% |
| 2015 | 2015-12-31 | $4.1M | −$5.3M | −56.31% |
| 2014 | 2014-12-31 | $9.3M | −$3.3M | −25.93% |
| 2013 | 2013-12-31 | $12.6M | $4.3M | +52.28% |
| 2012 | 2012-12-31 | $8.3M | $2.6M | +46.57% |
| 2011 | 2011-12-31 | $5.6M | $6,000 | +0.11% |
| 2010 | 2010-12-31 | $5.6M | $1.7M | +44.24% |
| 2009 | 2009-12-31 | $3.9M | $1.3M | +47.08% |
| 2008 | 2008-12-31 | $2.7M | — | — |
Black Hills quarterly stock-based compensation
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| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.2M | $100,000 | +3.23% |
| Q1 2026 | 2026-03-31 | $3.2M | $600,000 | +23.08% |
| Q4 2025 | 2025-12-31 | $3.8M | $1.4M | +58.33% |
| Q3 2025 | 2025-09-30 | $2.3M | −$500,000 | −17.86% |
| Q2 2025 | 2025-06-30 | $3.1M | $100,000 | +3.33% |
| Q1 2025 | 2025-03-31 | $2.6M | $200,000 | +8.33% |
| Q4 2024 | 2024-12-31 | $2.4M | $0 | 0.00% |
| Q3 2024 | 2024-09-30 | $2.8M | $2.5M | +833.33% |
| Q2 2024 | 2024-06-30 | $3.0M | $500,000 | +20.00% |
| Q1 2024 | 2024-03-31 | $2.4M | $600,000 | +33.33% |
| Q4 2023 | 2023-12-31 | $2.4M | $579,000 | +31.80% |
| Q3 2023 | 2023-09-30 | $300,000 | −$2.6M | −89.81% |
| Q2 2023 | 2023-06-30 | $2.5M | $2.3M | +1175.51% |
| Q1 2023 | 2023-03-31 | $1.8M | −$1.8M | −50.52% |
| Q4 2022 | 2022-12-31 | $1.8M | −$634,000 | −25.82% |
| Q3 2022 | 2022-09-30 | $2.9M | $744,000 | +33.80% |
| Q2 2022 | 2022-06-30 | $196,000 | −$1.6M | −89.03% |
| Q1 2022 | 2022-03-31 | $3.6M | $381,000 | +11.70% |
| Q4 2021 | 2021-12-31 | $2.5M | −$222,000 | −8.29% |
| Q3 2021 | 2021-09-30 | $2.2M | $618,000 | +39.04% |
| Q2 2021 | 2021-06-30 | $1.8M | $965,000 | +117.40% |
| Q1 2021 | 2021-03-31 | $3.3M | $3.0M | +1019.24% |
| Q4 2020 | 2020-12-31 | $2.7M | −$1.1M | −28.86% |
| Q3 2020 | 2020-09-30 | $1.6M | $344,000 | +27.76% |
| Q2 2020 | 2020-06-30 | $822,000 | −$3.0M | −78.35% |
| Q1 2020 | 2020-03-31 | $291,000 | −$3.0M | −91.17% |
| Q4 2019 | 2019-12-31 | $3.8M | −$1.1M | −22.35% |
| Q3 2019 | 2019-09-30 | $1.2M | −$1.1M | −46.66% |
| Q2 2019 | 2019-06-30 | $3.8M | $785,000 | +26.06% |
| Q1 2019 | 2019-03-31 | $3.3M | $1.1M | +49.21% |
| Q4 2018 | 2018-12-31 | $4.8M | $4.8M | +15043.75% |
| Q3 2018 | 2018-09-30 | $2.3M | $1.3M | +131.14% |
| Q2 2018 | 2018-06-30 | $3.0M | −$486,000 | −13.89% |
| Q1 2018 | 2018-03-31 | $2.2M | −$882,000 | −28.53% |
| Q4 2017 | 2017-12-31 | $32,000 | −$1.7M | −98.18% |
| Q3 2017 | 2017-09-30 | $1.0M | −$1.1M | −51.45% |
| Q2 2017 | 2017-06-30 | $3.5M | $905,000 | +34.90% |
| Q1 2017 | 2017-03-31 | $3.1M | −$1.4M | −30.71% |
| Q4 2016 | 2016-12-31 | $1.8M | — | — |
| Q3 2016 | 2016-09-30 | $2.1M | — | — |
| Q2 2016 | 2016-06-30 | $2.6M | $1.6M | +155.47% |
| Q1 2016 | 2016-03-31 | $4.5M | $2.4M | +114.16% |
| Q2 2015 | 2015-06-30 | $1.0M | −$2.2M | −68.20% |
| Q1 2015 | 2015-03-31 | $2.1M | −$1.6M | −43.95% |
| Q4 2014 | 2014-12-31 | $2.4M | −$1.1M | −32.73% |
| Q3 2014 | 2014-09-30 | $70,000 | −$2.1M | −96.82% |
| Q2 2014 | 2014-06-30 | $3.2M | $74,000 | +2.37% |
| Q1 2014 | 2014-03-31 | $3.7M | −$62,000 | −1.64% |
| Q4 2013 | 2013-12-31 | $3.5M | $1.2M | +52.15% |
| Q3 2013 | 2013-09-30 | $2.2M | −$501,000 | −18.52% |
| Q2 2013 | 2013-06-30 | $3.1M | $1.7M | +114.74% |
| Q1 2013 | 2013-03-31 | $3.8M | $2.0M | +107.93% |
| Q4 2012 | 2012-12-31 | $2.3M | $1.5M | +186.05% |
| Q3 2012 | 2012-09-30 | $2.7M | $1.1M | +63.44% |
| Q2 2012 | 2012-06-30 | $1.5M | $556,000 | +62.05% |
| Q1 2012 | 2012-03-31 | $1.8M | −$472,000 | −20.62% |
| Q4 2011 | 2011-12-31 | $803,000 | −$1.9M | −70.58% |
| Q3 2011 | 2011-09-30 | $1.7M | $718,000 | +76.63% |
| Q2 2011 | 2011-06-30 | $896,000 | −$86,000 | −8.76% |
| Q1 2011 | 2011-03-31 | $2.3M | $1.3M | +131.45% |
| Q4 2010 | 2010-12-31 | $2.7M | — | — |
| Q3 2010 | 2010-09-30 | $937,000 | −$66,000 | −6.58% |
| Q2 2010 | 2010-06-30 | $982,000 | — | — |
| Q1 2010 | 2010-03-31 | $989,000 | — | — |
| Q3 2009 | 2009-09-30 | $1.0M | — | — |
Black Hills stock-based compensation trends
Over the last five fiscal years, Black Hills's stock-based compensation increased from $5.4M to $11.8M, a change of $6.4M. The latest reported quarter, Q2 2026, shows $3.2M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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