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How Ramaco Resources (METC) makes money

Ramaco Resources (METC) made $150M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Export revenue, excluding Canada brought in $97.1M (65%); North American revenue brought in $53.0M (35%).

Drawing the Sankey…

Ramaco Resources revenue by segment, Q3 2026Ramaco Resources revenue by segment, Q3 2026Export revenue, excluding Canada$97.1MNorth American revenue$53.0M
Ramaco Resources: revenue by line, Q1 2026 to Q3 2026Ramaco Resources: revenue by line, Q1 2026 to Q3 2026Export revenue, exclu…North American revenueExport revenue, excluding Canada: $97.1M latest$97.1MNorth American revenue: $53.0M latest$53.0MQ1 2026Q2 2026Q3 2026
Export revenue, excluding Canada went from 69% of revenue in Q1 2026 to 65% in Q3 2026, the largest shift in the mix.
Ramaco Resources revenue by quarterRamaco Resources revenue by quarter$171MQ4 2024$135MQ1 2025$153MQ2 2025$121MQ3 2025$122MQ1 2026$145MQ2 2026$150MQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Export revenue, excluding Canada$97.1M64.7%-7%+33%
North American revenue$53.0M35.3%+31%+10%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$150M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$150M+24%
Q2 2026$145M-5%
Q1 2026$122M-10%
Q3 2025$121M-28%
Q2 2025$153M-2%
Q1 2025$135M-22%
Q4 2024$171M-16%

From Ramaco Resources' 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Ramaco Resources make money?

Ramaco Resources (METC) made $150M of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Export revenue, excluding Canada brought in $97.1M (65%); North American revenue brought in $53.0M (35%).

What is Ramaco Resources' biggest business?

Export revenue, excluding Canada: $97.1M in the third quarter 2026, 65% of revenue, +33% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.