Filing Flows › CVR Energy (CVI) › Q2 2026
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).
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 2026 | Amount | Q/Q | Y/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.
Source: CVR Energy 10-Q on SEC EDGAR.