Filing Flows › Alliance Resource Partners LP (ARLP) › Q3 2025
Alliance Resource Partners LP (ARLP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Alliance Resource Partners LP (ARLP) reported revenue of $571M for the third quarter 2025 (Q3 2025), -7% from a year earlier and +4% from the quarter before. Operating margin was 18.4%, net earnings $95.1M (16.6% of revenue).
Alliance Resource Partners LP, Q3 2025: revenue $571M (-7% year over year), operating margin 18.4%, net earnings $95.1M, operating cash flow $210M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $571M | +4% | -7% |
| Operating profit | $105M | +18% | +4% |
| Net earnings | $95.1M | +60% | +10% |
| Operating cash flow | $210M | +38% | +0.3% |
| Free cash flow | $151M | — | +47% |
What changed
Revenue was $571.4M in Q3 2025, down 7% year over year and up 4% from the previous quarter. Coal sales was the largest line at 90% of revenue. Coal sales lost $21.1M year over year (down 4%), 50% of the total change.
Operating profit was $105.0M, a 18.4% margin (up 1.9 points year over year). Total costs fell 9% while revenue fell 7%. Net earnings were $95.1M, up 10% year over year. The effective tax rate was 5.7%.
Operating cash flow was $209.9M (roughly flat year over year), 217% of net earnings. Non-cash charges added back $78.2M of depreciation and amortization. Working capital and other items added $34.9M. After capital expenditures, net ($58.4M), free cash flow as the company reports it was $151.4M.
Questions
What was Alliance Resource Partners LP's revenue in the third quarter 2025?
Alliance Resource Partners LP (ARLP) reported revenue of $571M for the third quarter 2025 (Q3 2025), -7% from a year earlier and +4% from the quarter before.
Was Alliance Resource Partners LP profitable in the third quarter 2025?
Operating profit was $105M (18.4% of revenue) and net earnings $95.1M.