<p>Black Hills Corp. reported financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. Net income available for common stock in Q4 2025 was USD 104.9 million, with diluted earnings per share (EPS) of USD 1.39. For FY 2025, net income available for common stock reached USD 291.6 million, with diluted EPS of USD 3.98. Adjusted EPS for FY 2025 was USD 4.10, at the midpoint of the company’s earnings guidance range. The company initiated 2026 adjusted EPS guidance in the range of USD 4.25 to USD 4.45, representing a 6 percent growth over 2025. Black Hills Corp. advanced plans to serve a data center pipeline of more than 3 GW, including 600 MW in its five-year plan. The company also energized the 260-mile Ready Wyoming electric transmission expansion project on schedule and extended its track record of dividend increases to 56 consecutive years. During 2025, Black Hills Corp. issued 3.7 million new shares for net proceeds of USD 220 million and maintained solid investment-grade credit ratings, with Moody’s rating at Baa2 and S&amp;P Global Ratings at BBB+, both with stable outlooks. The company extended its revolving credit facility maturity to May 31, 2030. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Hills Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-037663), on February 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</p>

Black Hills Corp. Q4 net income USD 104.9 million, up 7.0%