Filing Flows › CVR Energy (CVI) › Q3 2026
CVR Energy (CVI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
CVR Energy (CVI) reported revenue of $3.3B for the third quarter 2026 (Q3 2026), +69% from a year earlier and +20% from the quarter before. Operating margin was 22.1%, net earnings $570M (17.4% of revenue).
CVR Energy, Q3 2026: revenue $3.3B (+69% year over year), operating margin 22.1%, net earnings $570M, operating cash flow $655M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +20% | +69% |
| Operating profit | $724M | +828% | +41% |
| Net earnings | $570M | — | +52% |
| Operating cash flow | $655M | +113% | +302% |
| Free cash flow | $593M | — | +390% |
What changed
Revenue was $3.3B in Q3 2026, up 69% year over year and up 20% from the previous quarter.
Operating profit was $0.72B, a 22.1% margin (down 4.3 points year over year). Of the extra revenue versus Q3 2025, 16% reached operating profit, below the 26% margin then. Total costs grew 79% against revenue growth of 69%. The fastest-growing cost line was Cost of revenue (+80%). Net earnings were $0.57B, up 52% year over year ($0.56B including minority interests, which bore $0.01B of losses). The effective tax rate was 20.0%.
Operating cash flow was $0.66B (up 302% year over year), 116% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.03B of share-based compensation. After capital expenditures, net ($0.06B) and capitalized turnaround expenditures ($1.0M), free cash flow as the company reports it was $0.59B.
Questions
What was CVR Energy's revenue in the third quarter 2026?
CVR Energy (CVI) reported revenue of $3.3B for the third quarter 2026 (Q3 2026), +69% from a year earlier and +20% from the quarter before.
Was CVR Energy profitable in the third quarter 2026?
Operating profit was $724M (22.1% of revenue) and net earnings $570M.
Source: CVR Energy 10-Q on SEC EDGAR.