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CVR Energy (CVI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 29, 2026

CVR Energy (CVI) reported revenue of $2.7B for the second quarter 2026 (Q2 2026), +55% from a year earlier and +38% from the quarter before. Operating margin was 2.8%, net earnings $46.0M (1.7% of revenue).

Revenue$2.7B
Year over year+55%
Quarter over quarter+38%
Operating margin2.8%
Net earnings$46.0M

CVR Energy, Q2 2026: revenue $2.7B (+56% year over year), operating margin 2.8%, net earnings $46.0M, operating cash flow $307M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.7B+38%+55%
Operating profit$78.0M——
Net earnings$46.0M——
Operating cash flow$307M+380%+74%
Free cash flow$264M——

What changed

Revenue was $2.7B in Q2 2026, up 55% year over year and up 38% from the previous quarter.

Operating profit was $0.08B, a 2.8% margin (up 8.7 points year over year). Total costs grew 43% against revenue growth of 55%. The fastest-growing cost line was Cost of revenue (+43%). Net earnings were −$3.0M. The effective tax rate was 17.9%.

Operating cash flow was $0.31B (up 74% year over year), 667% of net income including minority interests. Non-cash charges added back $0.08B of depreciation and amortization. Working capital and other items added $0.18B. After capital expenditures, net ($0.04B) and capitalized turnaround expenditures ($1.0M), free cash flow as the company reports it was $0.26B.

Questions

What was CVR Energy's revenue in the second quarter 2026?

CVR Energy (CVI) reported revenue of $2.7B for the second quarter 2026 (Q2 2026), +55% from a year earlier and +38% from the quarter before.

Was CVR Energy profitable in the second quarter 2026?

Operating profit was $78.0M (2.8% of revenue) and net earnings $46.0M.

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Source: CVR Energy 10-Q on SEC EDGAR.