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Side-by-side financial comparison of BKV Corp (BKV) and FULTON FINANCIAL CORP (FULT). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $255.9M, roughly 1.3× BKV Corp). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 27.5%, a 0.7% gap on every dollar of revenue.

BKV Corp is a North American independent energy company focused on sustainable natural gas exploration, production, and distribution, with core operating assets located in the Appalachian Basin. It serves utility, industrial, and commercial customers across the region, and invests in low-carbon technologies including carbon capture to reduce operational emissions.

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

BKV vs FULT — Head-to-Head

Bigger by revenue
FULT
FULT
1.3× larger
FULT
$336.2M
$255.9M
BKV
Higher net margin
FULT
FULT
0.7% more per $
FULT
28.2%
27.5%
BKV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BKV
BKV
FULT
FULT
Revenue
$255.9M
$336.2M
Net Profit
$70.4M
$94.8M
Gross Margin
Operating Margin
39.3%
Net Margin
27.5%
28.2%
Revenue YoY
4.2%
Net Profit YoY
1.9%
EPS (diluted)
$0.78
$0.55

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
BKV
BKV
FULT
FULT
Q1 26
$336.2M
Q4 25
$255.9M
$336.0M
Q3 25
$199.8M
$334.6M
Q2 25
$207.1M
$324.1M
Q1 25
$231.0M
$318.4M
Q4 24
$319.6M
Q3 24
$133.5M
$317.7M
Q2 24
$334.7M
Net Profit
BKV
BKV
FULT
FULT
Q1 26
$94.8M
Q4 25
$70.4M
$99.0M
Q3 25
$76.8M
$100.5M
Q2 25
$104.6M
$99.2M
Q1 25
$-78.7M
$93.0M
Q4 24
$68.6M
Q3 24
$12.9M
$63.2M
Q2 24
$95.0M
Operating Margin
BKV
BKV
FULT
FULT
Q1 26
Q4 25
39.3%
35.7%
Q3 25
41.2%
38.2%
Q2 25
62.0%
37.8%
Q1 25
-40.6%
36.1%
Q4 24
27.0%
Q3 24
-15.7%
25.1%
Q2 24
30.8%
Net Margin
BKV
BKV
FULT
FULT
Q1 26
28.2%
Q4 25
27.5%
29.5%
Q3 25
38.5%
30.0%
Q2 25
50.5%
30.6%
Q1 25
-34.1%
29.2%
Q4 24
21.5%
Q3 24
9.6%
19.9%
Q2 24
28.4%
EPS (diluted)
BKV
BKV
FULT
FULT
Q1 26
$0.55
Q4 25
$0.78
$0.53
Q3 25
$0.90
$0.53
Q2 25
$1.23
$0.53
Q1 25
$-0.93
$0.49
Q4 24
$0.36
Q3 24
$0.18
$0.33
Q2 24
$0.52

Balance Sheet & Financial Strength

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

Metric
BKV
BKV
FULT
FULT
Cash + ST InvestmentsLiquidity on hand
$199.4M
Total DebtLower is stronger
$486.8M
Stockholders' EquityBook value
$2.0B
$3.5B
Total Assets
$3.1B
$32.2B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKV
BKV
FULT
FULT
Q1 26
Q4 25
$199.4M
Q3 25
$83.1M
Q2 25
$21.4M
Q1 25
$15.3M
Q4 24
Q3 24
$31.3M
Q2 24
Total Debt
BKV
BKV
FULT
FULT
Q1 26
Q4 25
$486.8M
Q3 25
$486.6M
Q2 25
$200.0M
Q1 25
$200.0M
Q4 24
Q3 24
$190.0M
Q2 24
Stockholders' Equity
BKV
BKV
FULT
FULT
Q1 26
$3.5B
Q4 25
$2.0B
$3.5B
Q3 25
$1.8B
$3.4B
Q2 25
$1.6B
$3.3B
Q1 25
$1.5B
$3.3B
Q4 24
$3.2B
Q3 24
$1.6B
$3.2B
Q2 24
$3.1B
Total Assets
BKV
BKV
FULT
FULT
Q1 26
$32.2B
Q4 25
$3.1B
$32.1B
Q3 25
$2.9B
$32.0B
Q2 25
$2.3B
$32.0B
Q1 25
$2.3B
$32.1B
Q4 24
$32.1B
Q3 24
$2.3B
$32.2B
Q2 24
$31.8B
Debt / Equity
BKV
BKV
FULT
FULT
Q1 26
Q4 25
0.24×
Q3 25
0.27×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
Q3 24
0.12×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BKV
BKV
FULT
FULT
Operating Cash FlowLast quarter
$69.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKV
BKV
FULT
FULT
Q1 26
Q4 25
$69.4M
$304.5M
Q3 25
$74.5M
$116.1M
Q2 25
$76.2M
$91.7M
Q1 25
$22.6M
$703.0K
Q4 24
$416.6M
Q3 24
$-22.0M
Q2 24
$157.8M
Free Cash Flow
BKV
BKV
FULT
FULT
Q1 26
Q4 25
Q3 25
$-126.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
BKV
BKV
FULT
FULT
Q1 26
Q4 25
Q3 25
-63.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
BKV
BKV
FULT
FULT
Q1 26
Q4 25
Q3 25
100.9%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
BKV
BKV
FULT
FULT
Q1 26
Q4 25
0.99×
3.08×
Q3 25
0.97×
1.16×
Q2 25
0.73×
0.92×
Q1 25
0.01×
Q4 24
6.07×
Q3 24
-0.35×
Q2 24
1.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BKV
BKV

Natural Gas NGL And Oil$249.3M97%
Related Party And Other$4.7M2%
Marketing$2.8M1%

FULT
FULT

Segment breakdown not available.

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