Filing Flows › Alpha Metallurgical Resources (AMR) › Q3 2025
Alpha Metallurgical Resources (AMR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Alpha Metallurgical Resources (AMR) reported revenue of $527M for the third quarter 2025 (Q3 2025), -22% from a year earlier and -4% from the quarter before. Operating margin was -0.5%, net loss $5.5M (1.0% of revenue).
Alpha Metallurgical Resources, Q3 2025: revenue $527M (-22% year over year), operating margin -0.5%, net loss $5.5M, operating cash flow $50.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $527M | -4% | -22% |
| Operating profit | −$2.5M | -195% | — |
| Net earnings | −$5.5M | — | — |
| Operating cash flow | $50.5M | -5% | -73% |
| Free cash flow | $25.4M | +37% | -84% |
What changed
Revenue was $526.8M in Q3 2025, down 22% year over year and down 4% from the previous quarter. Coal, Met was the largest line at 95% of revenue. Coal, Met lost $149.4M year over year (down 23%), 103% of the total change.
Operating costs exceeded revenue by $2.5M, an operating margin of -0.5%. Total costs fell 21% while revenue fell 22%. The quarter ended with a net loss of $5.5M, wider than the previous quarter's $5.0M loss. Net interest and other expense of $6.3M was the main reason.
Operating cash flow was $50.5M (down 73% year over year). Non-cash charges added back $43.9M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $9.2M. Capital expenditures of $25.1M left free cash flow of $25.4M.
Questions
What was Alpha Metallurgical Resources' revenue in the third quarter 2025?
Alpha Metallurgical Resources (AMR) reported revenue of $527M for the third quarter 2025 (Q3 2025), -22% from a year earlier and -4% from the quarter before.
Was Alpha Metallurgical Resources profitable in the third quarter 2025?
Operating loss was $2.5M (-0.5% of revenue) and net loss $5.5M.