Filing Flows › CVR Partners, LP (UAN) › Q3 2026 › vs Q3 2025
CVR Partners, LP (UAN) Q3 2026 vs Q3 2025 (year over year)
CVR Partners, LP's revenue fell $17.4M (-11%) from $164M in Q3 2025 to $146M in Q3 2026. The biggest changes: UAN −$12.7M (-11%); Urea products −$3.1M (-30%); Ammonia −$2.2M (-9%).
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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 57.6% | 49.0% | +8.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| UAN | $101M | $114M | −$12.7M | -11% |
| Ammonia | $23.2M | $25.4M | −$2.2M | -9% |
| Other revenue | $14.4M | $13.7M | $649K | +5% |
| Urea products | $7.3M | $10.5M | −$3.1M | -30% |
| Revenue | $146M | $164M | −$17.4M | -11% |
| Net loss | $10.7M | −$43.1M | $53.8M | — |
| Costs & expenses | $157M | $164M | −$6.7M | -4% |
| Operating costs | $150M | $113M | $36.9M | +33% |
| Interest & other, net | $7.1M | $7.6M | −$464K | -6% |
| Cost of revenue | $138M | $103M | $34.7M | +34% |
| SG&A | $11.6M | $9.2M | $2.4M | +26% |
| Other operating costs | $508K | $713K | −$205K | -29% |
| Operating cash sources | $127M | $48.7M | $78.8M | +162% |
| Depreciation & amortization | $23.3M | $20.0M | $3.3M | +17% |
| Share-based compensation | $4.5M | $3.3M | $1.2M | +37% |
| Working capital & other | $99.7M | $25.4M | $74.3M | +292% |
| Net loss absorbed | $10.7M | −$43.1M | $53.8M | — |
| Operating cash flow | $117M | $91.7M | $25.0M | +27% |
| Free cash flow (OCF − capex) | $84.2M | $80.1M | $4.1M | +5% |
| Capital expenditures | $32.5M | $11.6M | $20.9M | +180% |
Questions
How much did CVR Partners, LP's revenue grow year over year in Q3 2026?
CVR Partners, LP's revenue fell $17.4M (-11%) from $164M in Q3 2025 to $146M in Q3 2026.
What drove CVR Partners, LP's revenue change in Q3 2026?
UAN −$12.7M (-11%); Urea products −$3.1M (-30%); Ammonia −$2.2M (-9%).