Black Stone Minerals Financials

Values in thousands	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	$188,459	$95,182	$77,896	$106,710
Gross Profit	162,567	65,413	51,813	85,507
EBITDA	155,909	84,095	104,399	131,485
EBIT	145,735	75,064	94,155	122,298
Net Income	13,272	72,227	91,729	120,028
Net Change In Cash	188,459	95,182	77,896	106,710
Free Cash Flow	62,410	10,262	99,745	50,856
Cash	11,600	1,478	6,168	2,519
Basic Shares	212,369	212,117	211,600	226,761

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$422,328	$439,429	$501,099	$784,284
Gross Profit	316,268	334,951	387,051	657,867
EBITDA	347,123	319,631	470,986	530,570
EBIT	308,862	274,435	425,303	482,766
Net Income	299,932	271,326	422,549	476,480
Net Change In Cash	422,328	439,429	501,099	784,284
Cost of Revenue				-4,569
Free Cash Flow	298,409	384,830	501,438	412,420
Cash	1,478	2,519	70,282	4,307
Basic Shares	211,729	210,780	225,105	224,446