Filing Flows › Warrior MET Coal (HCC) › Q2 2026 › vs Q2 2025
Warrior MET Coal (HCC) Q2 2026 vs Q2 2025 (year over year)
Warrior MET Coal's revenue rose $212M (+71%) from $298M in Q2 2025 to $510M in Q2 2026. The biggest changes: Product +$215M (+75%); Product and Service Other −$2.9M (-33%). Operating margin 18.5% against 2.6% (+15.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 18.5% | 2.6% | +15.9 pts |
| Net margin | 17.2% | 1.9% | +15.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product | $504M | $288M | $215M | +75% |
| Product and Service Other | $6.1M | $9.0M | −$2.9M | -33% |
| Revenue | $510M | $298M | $212M | +71% |
| Operating profit | $94.5M | $7.7M | $86.8M | 12× |
| Costs & expenses | $415M | $290M | $125M | +43% |
| Pre-tax earnings | $91.1M | $9.9M | $81.2M | +819% |
| Other expense, net | $3.4M | −$2.2M | $5.6M | — |
| Cost of revenue | $340M | $226M | $114M | +50% |
| SG&A | $9.8M | $11.9M | −$2.1M | -18% |
| Other operating costs | $65.3M | $51.5M | $13.9M | +27% |
| Net earnings | $87.4M | $5.6M | $81.8M | 16× |
| Income tax | $3.7M | $4.3M | −$599K | -14% |
| Depreciation & amortization | $58.3M | $43.3M | $15.0M | +35% |
| Share-based compensation | $2.5M | $2.0M | $433K | +21% |
| Working capital & other | $15.9M | $13.4M | $2.6M | +19% |
| Operating cash flow | $132M | $37.5M | $94.7M | +252% |
Questions
How much did Warrior MET Coal's revenue grow year over year in Q2 2026?
Warrior MET Coal's revenue rose $212M (+71%) from $298M in Q2 2025 to $510M in Q2 2026.
What drove Warrior MET Coal's revenue change in Q2 2026?
Product +$215M (+75%); Product and Service Other −$2.9M (-33%).