Filing Flows › Warrior MET Coal (HCC) › Q3 2026 › vs Q3 2025
Warrior MET Coal (HCC) Q3 2026 vs Q3 2025 (year over year)
Warrior MET Coal's revenue rose $179M (+55%) from $329M in Q3 2025 to $508M in Q3 2026. The biggest changes: Product +$181M (+57%); Product and Service Other −$1.7M (-20%). Operating margin 10.0% against 6.3% (+3.7 pts).
Warrior MET Coal, Q3 2026: revenue $508M (+55% year over year), operating margin 10.0%, net earnings $49.3M, operating cash flow $166M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 10.0% | 6.3% | +3.7 pts |
| Net margin | 9.7% | 11.1% | -1.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Product | $501M | $320M | $181M | +57% |
| Product and Service Other | $6.9M | $8.6M | −$1.7M | -20% |
| Revenue | $508M | $329M | $179M | +55% |
| Operating profit | $50.8M | $20.7M | $30.1M | +145% |
| Costs & expenses | $457M | $308M | $149M | +48% |
| Pre-tax earnings | $48.9M | $22.9M | $26.0M | +114% |
| Other expense, net | $1.9M | −$2.1M | $4.0M | — |
| Cost of revenue | $369M | $240M | $129M | +54% |
| SG&A | $13.7M | $17.2M | −$3.5M | -20% |
| Other operating costs | $74.9M | $51.1M | $23.8M | +46% |
| Income tax benefit | $433K | $13.7M | −$13.3M | -97% |
| Net earnings | $49.3M | $36.6M | $12.7M | +35% |
| Depreciation & amortization | $68.1M | $43.6M | $24.5M | +56% |
| Share-based compensation | $3.4M | $5.2M | −$1.8M | -35% |
| Working capital & other | $45.2M | $19.3M | $25.9M | +134% |
| Operating cash flow | $166M | $105M | $61.3M | +59% |
Questions
How much did Warrior MET Coal's revenue grow year over year in Q3 2026?
Warrior MET Coal's revenue rose $179M (+55%) from $329M in Q3 2025 to $508M in Q3 2026.
What drove Warrior MET Coal's revenue change in Q3 2026?
Product +$181M (+57%); Product and Service Other −$1.7M (-20%).