Filing Flows › Coronado Global Resources (CODQL) › Q2 2026
Coronado Global Resources (CODQL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Coronado Global Resources (CODQL) reported revenue of $514M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +10% from the quarter before. Operating margin was -8.7%, net loss $99.4M (19.3% of revenue).
Coronado Global Resources, Q2 2026: revenue $514M (+10% year over year), operating margin -8.7%, net loss $99.4M, operating cash flow −$26.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $514M | +10% | +10% |
| Operating profit | −$44.5M | — | — |
| Net earnings | −$99.4M | — | — |
| Operating cash flow | −$26.0M | — | -134% |
What changed
Revenue was $514.1M in Q2 2026, up 10% year over year and up 10% from the previous quarter. Metallurgical Coal was the largest line at 93% of revenue. Metallurgical Coal added $52.3M year over year (up 12%), 113% of the total change. Thermal Coal declined 16%.
Operating costs exceeded revenue by $44.5M, an operating margin of -8.7%. Total costs grew 8% against revenue growth of 10%. The fastest-growing cost line was SG&A (+38%). The quarter ended with a net loss of $99.4M, narrower than the previous quarter's $318.6M loss. Net interest and other expense of $56.3M was the main reason.
Operating cash flow was −$26.0M. Non-cash charges added back $46.2M of depreciation and amortization and $822K of share-based compensation. Working capital and other items added $26.5M. Capital expenditures of $24.6M exceeded it, leaving free cash flow of −$50.5M.
Questions
What was Coronado Global Resources' revenue in the second quarter 2026?
Coronado Global Resources (CODQL) reported revenue of $514M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +10% from the quarter before.
Was Coronado Global Resources profitable in the second quarter 2026?
Operating loss was $44.5M (-8.7% of revenue) and net loss $99.4M.