Filing Flows › Hallador Energy (HNRG) › Operating margin
Hallador Energy (HNRG) operating margin by quarter
Hallador Energy's operating margin was 19.8% in Q3 2025 (third quarter 2025), +8.3 pts from Q2 2025. Over the last 3 quarters it ranged from 11.5% (Q2 2025) to 19.8% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2025 | 19.8% | +8.3 pts | — |
| Q2 2025 | 11.5% | -0.3 pts | — |
| Q1 2025 | 11.8% | — | — |
Q3 2025 at a glance
Hallador Energy, Q3 2025: revenue $147M (+40% year over year), operating margin 19.8%, net earnings $23.9M, operating cash flow $23.2M. The chart follows the revenue to costs, profit and cash.
Questions
What is Hallador Energy's operating margin?
Hallador Energy's operating margin was 19.8% in Q3 2025 (third quarter 2025), +8.3 pts from Q2 2025.
How has Hallador Energy's operating margin changed?
Over the last 3 quarters it ranged from 11.5% (Q2 2025) to 19.8% (Q3 2025).