BLACK HILLS CORP /SD/
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Corporate and Other
Corporate and Other consists of certain unallocated expenses for administrative activities that support our operating segments. Corporate and Other also includes our Captive, business development activities that are not part of our operating segments, and inter-segment eliminations.
Corporate and Other operating results for the years ended December 31 were as follows:
| 2025 | 2024 | 2025 vs 2024 Variance | 2023 | 2024 vs 2023 Variance | |
|---|---|---|---|---|---|
| (in millions) | |||||
| Operating (loss) | $(5.8) | $(1.2) | $(4.6) | $(4.9) | $3.7 |
Operating loss increased primarily due to $9.9 million of costs related to the pending Merger partially offset by a one-time favorable true-up from the consolidation of our Captive.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.