Core Natural Resources Q2 FY26 net income rises to $126.5 million; revenue totals $1.1 billion
CNR•Cost and margin performance
High C.V. thermal cash cost fell 9% quarter-on-quarter to $38.58 per ton, lifting cash margin to $19.53 per ton.
Metallurgical cash cost dropped 7% from Q1 to $85.65 per ton, driving cash margin up to $28.48 per ton.
Quarterly financial results
Core Natural Resources posted Q2 2026 net income of $126.5 million, or $2.51 per diluted share, on revenue of $1.1 billion.
Adjusted EBITDA (non-GAAP) totaled $323.6 million, while net cash from operations reached $250.4 million and free cash flow (non-GAAP) was $148 million.
Marketing and insurance settlement
Marketing secured 16 million tons of new sales commitments.
Q2 included the Leer South insurance claim settlement for full limit recovery, netting $155 million.
