Filing Flows › Warrior MET Coal (HCC) › Q2 2026 › vs Q1 2026
Warrior MET Coal (HCC) Q2 2026 vs Q1 2026 (quarter over quarter)
Warrior MET Coal's revenue rose $51.1M (+11%) from $459M in Q1 2026 to $510M in Q2 2026. The biggest changes: Product +$55.1M (+12%); Product and Service Other −$4.0M (-40%). Operating margin 18.5% against 17.3% (+1.2 pts).
Warrior MET Coal, Q2 2026: revenue $510M (+71% year over year), operating margin 18.5%, net earnings $87.4M, operating cash flow $132M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 18.5% | 17.3% | +1.2 pts |
| Net margin | 17.2% | 15.8% | +1.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product | $504M | $448M | $55.1M | +12% |
| Product and Service Other | $6.1M | $10.1M | −$4.0M | -40% |
| Revenue | $510M | $459M | $51.1M | +11% |
| Operating profit | $94.5M | $79.4M | $15.2M | +19% |
| Costs & expenses | $415M | $379M | $35.9M | +9% |
| Pre-tax earnings | $91.1M | $78.8M | $12.4M | +16% |
| Other expense, net | $3.4M | $584K | $2.8M | +479% |
| Cost of revenue | $340M | $290M | $49.6M | +17% |
| SG&A | $9.8M | $28.2M | −$18.4M | -65% |
| Other operating costs | $65.3M | $60.6M | $4.7M | +8% |
| Net earnings | $87.4M | $72.3M | $15.1M | +21% |
| Income tax | $3.7M | $6.4M | −$2.7M | -42% |
| Depreciation & amortization | $58.3M | $52.3M | $6.0M | +12% |
| Share-based compensation | $2.5M | $10.1M | −$7.6M | -75% |
| Working capital & other | $15.9M | $146M | −$131M | -89% |
| Operating cash flow | $132M | −$11.7M | $144M | — |
Questions
How much did Warrior MET Coal's revenue grow quarter over quarter in Q2 2026?
Warrior MET Coal's revenue rose $51.1M (+11%) from $459M in Q1 2026 to $510M in Q2 2026.
What drove Warrior MET Coal's revenue change in Q2 2026?
Product +$55.1M (+12%); Product and Service Other −$4.0M (-40%).