---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-100354"
form_type: "8-K"
ticker: "BKH"
cik: "0001130464"
company_name: "BLACK HILLS CORP /SD/"
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T22:50:48.650813+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Black Hills Corp Q2 2025 EPS $0.38, up 15% YoY; reaffirms FY guidance $4.00-$4.20

## Summary
- Diluted EPS $0.38 vs $0.33 in Q2 2024; net income $27.5M vs $22.8M; revenue $439M vs $402.6M.
- Reaffirmed FY2025 EPS guidance of $4.00-$4.20, representing ~5% YoY growth at midpoint.
- Kansas Gas rate review settlement approved providing $10.8M annual revenue; new rates effective Aug 1, 2025.
- Received CPCN for South Dakota Electric's $280M, 99-MW Lange II gas-fired generation project, in-service H2 2026.
- Declared quarterly dividend $0.676/share, payable Sept 2, 2025; 55 consecutive years of increases.

## SEC filing metadata
- accession: 0000950170-25-100354
- form_type: 8-K
- ticker: BKH
- cik: 0001130464
- company_name: BLACK HILLS CORP /SD/
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130464/000095017025100354/0000950170-25-100354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130464/000095017025100354/bkh-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-100354
- JSON: https://secwatch.observer/filing/0000950170-25-100354.json
- Plain text: https://secwatch.observer/filing/0000950170-25-100354.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.