Filing Flows › Core Natural Resources (CNR) › How it makes money
How Core Natural Resources (CNR) makes money
Core Natural Resources (CNR) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Coal brought in $1.1B (99%); Third-Party Terminal Revenue brought in $9.2M (1%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Coal | $1.1B | 99.2% | +0.4% | +14% |
| ↳ Power Generation | $459M | 40.2% | +14% | -5% |
| ↳ Metallurgical | $420M | 36.8% | +17% | +40% |
| ↳ Industrial | $253M | 22.2% | -31% | +20% |
| Third-Party Terminal Revenue | $9.2M | 0.8% | -7% | +65% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.1B | 100.0% |
| Operating cash flow | $175M | 15.3% |
| Free cash flow | $80.3M | 7.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.1B | +14% |
| Q2 2026 | $1.1B | +4% |
| Q1 2026 | $1.1B | +7% |
| Q4 2025 | $1.0B | +62% |
| Q3 2025 | $1.0B | +81% |
| Q2 2025 | $1.1B | +125% |
| Q1 2025 | $1.0B | +86% |
From Core Natural Resources' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Core Natural Resources make money?
Core Natural Resources (CNR) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Coal brought in $1.1B (99%); Third-Party Terminal Revenue brought in $9.2M (1%).
What is Core Natural Resources' biggest business?
Coal: $1.1B in the third quarter 2026, 99% of revenue, +14% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.