Filing Flows › Hallador Energy (HNRG) › Q3 2026
Hallador Energy (HNRG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Hallador Energy (HNRG) reported revenue of $130M for the third quarter 2026 (Q3 2026), -11% from a year earlier and +28% from the quarter before. Operating margin was 6.0%, net loss $4.5M (3.5% of revenue).
Hallador Energy, Q3 2026: revenue $130M (-11% year over year), operating margin 6.0%, net loss $4.5M, operating cash flow −$21.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $130M | +28% | -11% |
| Operating profit | $7.8M | — | -73% |
| Net earnings | −$4.5M | — | -119% |
| Operating cash flow | −$21.8M | — | -194% |
What changed
Revenue was $130.2M in Q3 2026, down 11% year over year and up 28% from the previous quarter.
Operating profit was $7.8M, a 6.0% margin (down 13.6 points year over year). Total costs grew 4% against a revenue fall of 11%. The fastest-growing cost line was SG&A (+46%). The quarter ended with a net loss of $4.5M, narrower than the previous quarter's $15.2M loss. Net interest and other expense of $10.5M was the main reason.
Operating cash flow was −$21.8M. Non-cash charges added back $7.6M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $26.1M. Capital expenditures of $57.1M exceeded it, leaving free cash flow of −$78.9M.
Questions
What was Hallador Energy's revenue in the third quarter 2026?
Hallador Energy (HNRG) reported revenue of $130M for the third quarter 2026 (Q3 2026), -11% from a year earlier and +28% from the quarter before.
Was Hallador Energy profitable in the third quarter 2026?
Operating profit was $7.8M (6.0% of revenue) and net loss $4.5M.
Source: Hallador Energy 10-Q on SEC EDGAR.