Filing Flows › Ramaco Resources (METC) › Q3 2026 › vs Q3 2025
Ramaco Resources (METC) Q3 2026 vs Q3 2025 (year over year)
Ramaco Resources's revenue rose $29.1M (+24%) from $121M in Q3 2025 to $150M in Q3 2026. The biggest changes: Export revenue, excluding Canada +$24.1M (+33%); North American revenue +$5.0M (+10%).
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 Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Export revenue, excluding Canada | $97.1M | $73.0M | $24.1M | +33% |
| North American revenue | $53.0M | $48.0M | $5.0M | +10% |
| Revenue | $150M | $121M | $29.1M | +24% |
| Income tax benefit | $5.2M | $3.3M | $1.9M | +57% |
| Net loss | $18.2M | $13.3M | $4.9M | +37% |
| Costs & expenses | $174M | $138M | $35.9M | +26% |
| Operating costs | $171M | $135M | $35.7M | +26% |
| Interest & other, net | $2.3M | $2.1M | $181K | +9% |
| Cost of revenue | $134M | $102M | $32.0M | +31% |
| SG&A | $19.3M | $16.1M | $3.1M | +19% |
| Other operating costs | $18.1M | $17.5M | $623K | +4% |
| Operating cash sources | $34.7M | $23.3M | $11.4M | +49% |
| Depreciation & amortization | $17.6M | $17.1M | $542K | +3% |
| Share-based compensation | $5.1M | $4.7M | $327K | +7% |
| Cash used in operations | $12.0M | $1.4M | $10.5M | +731% |
| Net loss absorbed | $18.2M | $13.3M | $4.9M | +37% |
| Working capital & other | $16.4M | $10.0M | $6.5M | +65% |
Questions
How much did Ramaco Resources's revenue grow year over year in Q3 2026?
Ramaco Resources's revenue rose $29.1M (+24%) from $121M in Q3 2025 to $150M in Q3 2026.
What drove Ramaco Resources's revenue change in Q3 2026?
Export revenue, excluding Canada +$24.1M (+33%); North American revenue +$5.0M (+10%).