Filing Flows › CVR Partners, LP (UAN) › Q2 2026 › vs Q2 2025
CVR Partners, LP (UAN) Q2 2026 vs Q2 2025 (year over year)
CVR Partners, LP's revenue rose $33.6M (+20%) from $169M in Q2 2025 to $202M in Q2 2026. The biggest changes: UAN +$21.0M (+19%); Ammonia +$8.6M (+25%); Urea products +$3.0M (+30%). Operating margin 41.9% against 27.5% (+14.5 pts).
CVR Partners, LP, Q2 2026: revenue $202M (+20% year over year), operating margin 41.9%, net earnings $77.5M, operating cash flow $65.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 41.9% | 27.5% | +14.5 pts |
| Net margin | 38.3% | 23.0% | +15.3 pts |
| Free cash flow margin | 25.2% | 10.9% | +14.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| UAN | $131M | $110M | $21.0M | +19% |
| Ammonia | $42.6M | $34.1M | $8.6M | +25% |
| Other revenue | $15.7M | $14.7M | $1.0M | +7% |
| Urea products | $13.3M | $10.2M | $3.0M | +30% |
| Revenue | $202M | $169M | $33.6M | +20% |
| Operating profit | $84.8M | $46.3M | $38.5M | +83% |
| Costs & expenses | $117M | $122M | −$4.9M | -4% |
| Pre-tax earnings | $77.5M | $38.8M | $38.7M | +100% |
| Other expense, net | $7.3M | $7.5M | −$238K | -3% |
| Cost of revenue | $109M | $114M | −$5.0M | -4% |
| SG&A | $7.5M | $8.0M | −$498K | -6% |
| Net earnings | $77.5M | $38.8M | $38.7M | +100% |
| Depreciation & amortization | $22.2M | $20.9M | $1.4M | +7% |
| Share-based compensation | $361K | $2.8M | −$2.5M | -87% |
| Working capital & other | $34.2M | $38.4M | −$4.2M | -11% |
| Operating cash flow | $65.9M | $24.1M | $41.8M | +173% |
| Free cash flow (OCF − capex) | $50.9M | $18.4M | $32.5M | +177% |
| Capital expenditures | $15.0M | $5.7M | $9.2M | +161% |
Questions
How much did CVR Partners, LP's revenue grow year over year in Q2 2026?
CVR Partners, LP's revenue rose $33.6M (+20%) from $169M in Q2 2025 to $202M in Q2 2026.
What drove CVR Partners, LP's revenue change in Q2 2026?
UAN +$21.0M (+19%); Ammonia +$8.6M (+25%); Urea products +$3.0M (+30%).