Filing Flows › CVR Energy (CVI) › Q1 2025
CVR Energy (CVI) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
CVR Energy (CVI) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), -12% from a year earlier and -15% from the quarter before. Operating margin was -8.0%, net loss $105M (6.4% of revenue).
CVR Energy, Q1 2025: revenue $1.6B (-12% year over year), operating margin -8.0%, net loss $105M, operating cash flow −$195M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -15% | -12% |
| Operating profit | −$131M | — | — |
| Net earnings | −$105M | — | — |
| Operating cash flow | −$195M | — | — |
What changed
Revenue was $1.6B in Q1 2025, down 12% year over year and down 15% from the previous quarter. Petroleum Segment was the largest line at 90% of revenue. Petroleum Segment lost $0.24B year over year (down 14%), 112% of the total change.
Operating costs exceeded revenue by $0.13B, an operating margin of -8.0%. Total costs grew 2% against a revenue fall of 12%. The quarter ended with a net loss of $0.10B, after a profit of $0.04B the previous quarter.
Operating cash flow was −$0.20B. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.05B exceeded it, leaving free cash flow of −$0.25B.
Questions
What was CVR Energy's revenue in the first quarter 2025?
CVR Energy (CVI) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), -12% from a year earlier and -15% from the quarter before.
Was CVR Energy profitable in the first quarter 2025?
Operating loss was $131M (-8.0% of revenue) and net loss $105M.
Source: CVR Energy 10-Q on SEC EDGAR.