Filing Flows › Core Natural Resources (CNR) › Q1 2026
Core Natural Resources (CNR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Core Natural Resources (CNR) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +7% from a year earlier and +4% from the quarter before. Operating margin was 3.0%, net earnings $21.0M (1.9% of revenue).
Core Natural Resources, Q1 2026: revenue $1.1B (+7% year over year), operating margin 3.0%, net earnings $21.0M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +4% | +7% |
| Operating profit | $32.7M | — | — |
| Net earnings | $21.0M | — | — |
| Operating cash flow | $119M | +11% | — |
| Free cash flow | $55.5M | — | — |
What changed
Revenue was $1.1B in Q1 2026, up 7% year over year and up 4% from the previous quarter. Power Generation was the largest line at 41% of revenue. Industrial added $0.08B year over year (up 37%), 113% of the total change. Metallurgical declined 7%.
Operating profit was $0.03B, a 3.0% margin (up 8.3 points year over year). Total costs fell 2% while revenue rose 7%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $0.02B. The effective tax rate was -2.1%.
Operating cash flow was $0.12B, 567% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. After capital Expenditures, net ($0.06B), free cash flow as the company reports it was $0.06B.
Questions
What was Core Natural Resources' revenue in the first quarter 2026?
Core Natural Resources (CNR) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +7% from a year earlier and +4% from the quarter before.
Was Core Natural Resources profitable in the first quarter 2026?
Operating profit was $32.7M (3.0% of revenue) and net earnings $21.0M.