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Side-by-side financial comparison of BLACK HILLS CORP (BKH) and BingEx Ltd (FLX). Click either name above to swap in a different company.

BLACK HILLS CORP is the larger business by last-quarter revenue ($241.6M vs $143.2M, roughly 1.7× BingEx Ltd). BLACK HILLS CORP runs the higher net margin — 55.1% vs 2.2%, a 52.9% gap on every dollar of revenue.

Black Hills Corporation is an American diversified energy company that is an electric and gas utility in South Dakota, Montana, Wyoming, Colorado, Arkansas, Kansas, Nebraska, and Iowa. The company sells power throughout the American West. The company is based in Rapid City, South Dakota. It derives its name from its home in the Black Hills of South Dakota.

BKH vs FLX — Head-to-Head

Bigger by revenue
BKH
BKH
1.7× larger
BKH
$241.6M
$143.2M
FLX
Higher net margin
BKH
BKH
52.9% more per $
BKH
55.1%
2.2%
FLX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BKH
BKH
FLX
FLX
Revenue
$241.6M
$143.2M
Net Profit
$133.1M
$3.2M
Gross Margin
10.8%
Operating Margin
83.6%
Net Margin
55.1%
2.2%
Revenue YoY
-3.0%
Net Profit YoY
-2.4%
EPS (diluted)
$1.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BKH
BKH
FLX
FLX
Q1 26
$241.6M
$143.2M
Q4 25
$622.7M
Q3 25
$427.4M
$141.2M
Q2 25
$435.7M
$143.0M
Q1 25
$800.4M
$141.0M
Q4 24
$585.1M
Q3 24
$398.6M
$164.6M
Q2 24
$397.1M
Net Profit
BKH
BKH
FLX
FLX
Q1 26
$133.1M
$3.2M
Q4 25
$104.9M
Q3 25
$24.9M
$6.1M
Q2 25
$27.5M
$7.5M
Q1 25
$134.3M
$27.6M
Q4 24
$98.0M
Q3 24
$24.4M
$3.4M
Q2 24
$22.8M
Gross Margin
BKH
BKH
FLX
FLX
Q1 26
10.8%
Q4 25
Q3 25
11.1%
Q2 25
12.0%
Q1 25
10.0%
Q4 24
Q3 24
11.3%
Q2 24
Operating Margin
BKH
BKH
FLX
FLX
Q1 26
83.6%
Q4 25
27.5%
Q3 25
18.4%
1.4%
Q2 25
18.9%
1.9%
Q1 25
25.6%
Q4 24
27.9%
Q3 24
19.0%
4.0%
Q2 24
17.8%
Net Margin
BKH
BKH
FLX
FLX
Q1 26
55.1%
2.2%
Q4 25
16.8%
Q3 25
5.8%
4.4%
Q2 25
6.3%
5.2%
Q1 25
16.8%
19.6%
Q4 24
16.7%
Q3 24
6.1%
2.1%
Q2 24
5.7%
EPS (diluted)
BKH
BKH
FLX
FLX
Q1 26
$1.73
Q4 25
$1.39
Q3 25
$0.34
Q2 25
$0.38
Q1 25
$1.87
Q4 24
$1.36
Q3 24
$0.35
Q2 24
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKH
BKH
FLX
FLX
Cash + ST InvestmentsLiquidity on hand
$561.1M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKH
BKH
FLX
FLX
Q1 26
$561.1M
Q4 25
$182.8M
Q3 25
$21.1M
$628.6M
Q2 25
$8.1M
$499.4M
Q1 25
$6.6M
$592.4M
Q4 24
$16.1M
Q3 24
$12.5M
$517.4M
Q2 24
$624.8M
Stockholders' Equity
BKH
BKH
FLX
FLX
Q1 26
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$3.6B
Q1 25
$3.6B
Q4 24
$3.5B
Q3 24
$3.4B
Q2 24
$3.4B
Total Assets
BKH
BKH
FLX
FLX
Q1 26
$1.3B
Q4 25
$10.9B
Q3 25
$10.3B
$1.3B
Q2 25
$10.1B
$1.2B
Q1 25
$10.1B
$1.2B
Q4 24
$10.0B
Q3 24
$9.7B
$926.8M
Q2 24
$10.2B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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