Quarterly ResultApr 30, 2026, 04:18 PM
HCC Q1 Net Income $72.3M; EPS $1.37; Adjusted EBITDA +263%
AI Summary
Warrior Met Coal, Inc. reported a net income of $72.3 million, or $1.37 per diluted share, for Q1 2026, a significant improvement from a net loss in the prior year. Adjusted EBITDA surged by 263% to $143.4 million, driven by record sales volumes and margin expansion from the Blue Creek mine, which completed construction with total spending of $1,022.9 million. The company reaffirmed its full-year 2026 outlook and guidance.
Key Highlights
- Q1 2026 Net Income was $72.3M ($1.37 EPS) vs. Q1 2025 Net Loss of $8.2M ($(0.16) EPS).
- Adjusted EBITDA increased 263% to $143.4M in Q1 2026 from $39.5M in Q1 2025.
- Record Q1 sales volumes reached 3.0M short tons, up 38% from 2.2M short tons YoY.
- Production volumes grew 55% to 3.5M short tons in Q1 2026 from 2.3M short tons YoY.
- Cash cost of sales (FOB port) per short ton decreased 14% to $96.17 from $112.35 YoY.
- Blue Creek mine construction completed with total project spending of $1,022.9M.
- Reaffirmed full-year 2026 guidance for coal sales of 12.5-13.5M short tons.
- Declared a regular quarterly cash dividend of $0.08 per share.