Filing Flows › Ramaco Resources (METC) › Q3 2026 › vs Q2 2026
Ramaco Resources (METC) Q3 2026 vs Q2 2026 (quarter over quarter)
Ramaco Resources's revenue rose $5.3M (+4%) from $145M in Q2 2026 to $150M in Q3 2026. The biggest changes: North American revenue +$12.6M (+31%); Export revenue, excluding Canada −$7.3M (-7%).
Ramaco Resources, Q3 2026: revenue $150M (+24% year over year), operating margin -14.1%, net loss $18.2M, operating cash flow −$12.0M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Export revenue, excluding Canada | $97.1M | $104M | −$7.3M | -7% |
| North American revenue | $53.0M | $40.4M | $12.6M | +31% |
| Revenue | $150M | $145M | $5.3M | +4% |
| Income tax benefit | $5.2M | $4.2M | $1.0M | +25% |
| Net loss | $18.2M | $15.4M | $2.8M | +18% |
| Costs & expenses | $174M | $164M | $9.1M | +6% |
| Operating costs | $171M | $163M | $8.2M | +5% |
| Interest & other, net | $2.3M | $1.3M | $976K | +73% |
| Cost of revenue | $134M | $128M | $5.6M | +4% |
| SG&A | $19.3M | $17.6M | $1.7M | +10% |
| Other operating costs | $18.1M | $17.3M | $822K | +5% |
| Operating cash sources | $34.7M | $9.6M | $25.1M | +261% |
| Depreciation & amortization | $17.6M | $16.8M | $822K | +5% |
| Share-based compensation | $5.1M | $5.0M | $83K | +2% |
| Cash used in operations | $12.0M | −$12.2M | $24.1M | — |
| Net loss absorbed | $18.2M | $15.4M | $2.8M | +18% |
| Working capital & other | $16.4M | −$5.8M | $22.2M | — |
Questions
How much did Ramaco Resources's revenue grow quarter over quarter in Q3 2026?
Ramaco Resources's revenue rose $5.3M (+4%) from $145M in Q2 2026 to $150M in Q3 2026.
What drove Ramaco Resources's revenue change in Q3 2026?
North American revenue +$12.6M (+31%); Export revenue, excluding Canada −$7.3M (-7%).