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How Coronado Global Resources (CODQL) makes money

Coronado Global Resources (CODQL) made $514M of revenue in the second quarter 2026 (Q2 2026), +10% from a year earlier. Metallurgical Coal brought in $480M (93%); Thermal Coal brought in $26.7M (5%); Other revenues brought in $7.8M (2%).

Drawing the Sankey…

Coronado Global Resources revenue by segment, Q2 2026Coronado Global Resources revenue by segment, Q2 2026Metallurgical Coal$480MThermal Coal$26.7MOther revenues$7.8M
Coronado Global Resources: revenue by line, Q1 2025 to Q2 2026Coronado Global Resources: revenue by line, Q1 2025 to Q2 2026Metallurgical CoalThermal CoalOther revenuesMetallurgical Coal: $480M latest$480MThermal Coal: $26.7M latestOther revenues: $7.8M latestQ1 2025Q2 2025Q3 2025Q1 2026Q2 2026
The mix barely moved between Q1 2025 and Q2 2026.
Coronado Global Resources revenue by quarterCoronado Global Resources revenue by quarter$558MQ4 2024$449MQ1 2025$468MQ2 2025$482MQ3 2025$551MQ4 2025$467MQ1 2026$514MQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Metallurgical Coal$480M93.3%+17%+12%
Thermal Coal$26.7M5.2%-49%-16%
Other revenues$7.8M1.5%+16%-9%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$514M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$514M+10%
Q1 2026$467M+4%
Q4 2025$551M-1%
Q3 2025$482M-21%
Q2 2025$468M-31%
Q1 2025$449M-33%
Q4 2024$558M-18%

From Coronado Global Resources' 10-Q filed Aug 10, 2026 (on EDGAR).

Questions

How does Coronado Global Resources make money?

Coronado Global Resources (CODQL) made $514M of revenue in the second quarter 2026 (Q2 2026), +10% from a year earlier. Metallurgical Coal brought in $480M (93%); Thermal Coal brought in $26.7M (5%); Other revenues brought in $7.8M (2%).

What is Coronado Global Resources' biggest business?

Metallurgical Coal: $480M in the second quarter 2026, 93% of revenue, +12% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.