Filing Flows › CVR Partners, LP (UAN) › Q3 2026 › vs Q2 2026
CVR Partners, LP (UAN) Q3 2026 vs Q2 2026 (quarter over quarter)
CVR Partners, LP's revenue fell $56.0M (-28%) from $202M in Q2 2026 to $146M in Q3 2026. The biggest changes: UAN −$29.3M (-22%); Ammonia −$19.4M (-46%); Urea products −$5.9M (-45%).
CVR Partners, LP, Q3 2026: revenue $146M (-11% year over year), operating margin -2.5%, net loss $10.7M, operating cash flow $117M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 57.6% | 25.2% | +32.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| UAN | $101M | $131M | −$29.3M | -22% |
| Ammonia | $23.2M | $42.6M | −$19.4M | -46% |
| Other revenue | $14.4M | $15.7M | −$1.4M | -9% |
| Urea products | $7.3M | $13.3M | −$5.9M | -45% |
| Revenue | $146M | $202M | −$56.0M | -28% |
| Net loss | $10.7M | −$77.5M | $88.2M | — |
| Costs & expenses | $157M | $202M | −$45.3M | -22% |
| Operating costs | $150M | $117M | $32.4M | +28% |
| Interest & other, net | $7.1M | $7.3M | −$212K | -3% |
| Cost of revenue | $138M | $109M | $28.7M | +26% |
| SG&A | $11.6M | $7.5M | $4.1M | +54% |
| Other operating costs | $508K | $868K | −$360K | -41% |
| Operating cash sources | $127M | −$11.6M | $139M | — |
| Depreciation & amortization | $23.3M | $22.2M | $1.0M | +5% |
| Share-based compensation | $4.5M | $361K | $4.1M | 12× |
| Working capital & other | $99.7M | −$34.2M | $134M | — |
| Net loss absorbed | $10.7M | −$77.5M | $88.2M | — |
| Operating cash flow | $117M | $65.9M | $50.8M | +77% |
| Free cash flow (OCF − capex) | $84.2M | $50.9M | $33.3M | +65% |
| Capital expenditures | $32.5M | $15.0M | $17.5M | +117% |
Questions
How much did CVR Partners, LP's revenue grow quarter over quarter in Q3 2026?
CVR Partners, LP's revenue fell $56.0M (-28%) from $202M in Q2 2026 to $146M in Q3 2026.
What drove CVR Partners, LP's revenue change in Q3 2026?
UAN −$29.3M (-22%); Ammonia −$19.4M (-46%); Urea products −$5.9M (-45%).