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Coronado Global Resources (CODQL) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 9, 2026

Coronado Global Resources (CODQL) reported revenue of $564M for the third quarter 2026 (Q3 2026), +17% from a year earlier and +10% from the quarter before. Operating margin was 0.0%, net loss $40.5M (7.2% of revenue).

Revenue$564M
Year over year+17%
Quarter over quarter+10%
Operating margin0.0%
Net earnings−$40.5M

Coronado Global Resources, Q3 2026: revenue $564M (+17% year over year), operating margin 0.0%, net loss $40.5M, operating cash flow −$34.6M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$564M+10%+17%
Operating profit$71K——
Net earnings−$40.5M——
Operating cash flow−$34.6M—-334%

What changed

Revenue was $563.5M in Q3 2026, up 17% year over year and up 10% from the previous quarter. Metallurgical Coal was the largest line at 91% of revenue. Metallurgical Coal added $79.9M year over year (up 19%), 98% of the total change.

Operating profit was $71K, a 0.0% margin (up 14.9 points year over year). Total costs grew 2% against revenue growth of 17%. The fastest-growing cost line was SG&A (+62%). The quarter ended with a net loss of $40.5M, narrower than the previous quarter's $99.4M loss. Net interest and other expense of $39.6M was the main reason.

Operating cash flow was −$34.6M. Non-cash charges added back $42.1M of depreciation and amortization and $446K of share-based compensation. Working capital and other items used $36.6M. Capital expenditures of $26.0M exceeded it, leaving free cash flow of −$60.6M.

Questions

What was Coronado Global Resources' revenue in the third quarter 2026?

Coronado Global Resources (CODQL) reported revenue of $564M for the third quarter 2026 (Q3 2026), +17% from a year earlier and +10% from the quarter before.

Was Coronado Global Resources profitable in the third quarter 2026?

Operating profit was $71K (0.0% of revenue) and net loss $40.5M.

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Source: Coronado Global Resources 10-Q on SEC EDGAR.