Filing Flows › Hallador Energy (HNRG) › Q1 2026 › vs Q1 2025
Hallador Energy (HNRG) Q1 2026 vs Q1 2025 (year over year)
Hallador Energy's revenue fell $15.9M (-14%) from $118M in Q1 2025 to $102M in Q1 2026.
Hallador Energy, Q1 2026: revenue $102M (-14% year over year), operating margin -5.6%, net loss $9.3M, operating cash flow $20.5M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 12.6% | 22.7% | -10.1 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $102M | $118M | −$15.9M | -14% |
| Income tax benefit | $504K | $0 | $504K | — |
| Net loss | $9.3M | −$10.0M | $19.3M | — |
| Costs & expenses | $112M | $118M | −$6.1M | -5% |
| Operating costs | $107M | $104M | $3.6M | +3% |
| Interest & other, net | $4.2M | $3.9M | $278K | +7% |
| SG&A | $6.9M | $6.8M | $33K | +0.5% |
| Other operating costs | $101M | $97.0M | $3.6M | +4% |
| Operating cash sources | $29.8M | $28.4M | $1.4M | +5% |
| Depreciation & amortization | $10.6M | $15.0M | −$4.4M | -29% |
| Share-based compensation | $1.1M | $1.1M | $51K | +5% |
| Working capital & other | $18.1M | $12.4M | $5.7M | +46% |
| Net loss absorbed | $9.3M | −$10.0M | $19.3M | — |
| Operating cash flow | $20.5M | $38.4M | −$17.9M | -47% |
| Free cash flow (OCF − capex) | $12.8M | $26.7M | −$13.9M | -52% |
| Capital expenditures | $7.7M | $11.7M | −$4.0M | -34% |
Questions
How much did Hallador Energy's revenue grow year over year in Q1 2026?
Hallador Energy's revenue fell $15.9M (-14%) from $118M in Q1 2025 to $102M in Q1 2026.