Filing Flows › Coronado Global Resources (CODQL) › Q4 2025
Coronado Global Resources (CODQL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 3, 2026
Coronado Global Resources (CODQL) reported revenue of $551M for the fourth quarter 2025 (Q4 2025), -1% from a year earlier and +14% from the quarter before. Operating margin was -18.0%, net loss $150M (27.3% of revenue).
Coronado Global Resources, Q4 2025: revenue $551M (-1% year over year), operating margin -18.0%, net loss $150M, operating cash flow −$135M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $551M | +14% | -1% |
| Operating profit | −$98.9M | — | — |
| Net earnings | −$150M | — | — |
| Operating cash flow | −$135M | -1013% | -316% |
What changed
Revenue was $550.5M in Q4 2025, down 1% year over year and up 14% from the previous quarter.
Operating costs exceeded revenue by $98.9M, an operating margin of -18.0%. Total costs grew 7% against a revenue fall of 1%. The fastest-growing cost line was SG&A (+53%). The quarter ended with a net loss of $150.2M, wider than the previous quarter's $109.5M loss.
Operating cash flow was −$134.8M. Non-cash charges added back $50.1M of depreciation and amortization and $642K of share-based compensation. Working capital and other items used $35.4M. Capital expenditures of $37.9M exceeded it, leaving free cash flow of −$172.8M.
Questions
What was Coronado Global Resources' revenue in the fourth quarter 2025?
Coronado Global Resources (CODQL) reported revenue of $551M for the fourth quarter 2025 (Q4 2025), -1% from a year earlier and +14% from the quarter before.
Was Coronado Global Resources profitable in the fourth quarter 2025?
Operating loss was $98.9M (-18.0% of revenue) and net loss $150M.