Quarterly ResultApr 30, 2026, 04:48 PM
HCC Q1 Net Income $72.3M, up from loss; Sales $448.5M, +52%
AI Summary
Warrior Met Coal, Inc. reported a significant turnaround in Q1 2026, with net income reaching $72.3 million, compared to a net loss of $8.2 million in Q1 2025. Sales surged by 52% to $448.5 million. The company also recognized an $8.4 million benefit from the 45X Advanced Manufacturing Production Tax Credit due to the One, Big, Beautiful Bill Act.
Key Highlights
- Net income was $72.3 million in Q1 2026, up from a net loss of $8.2 million in Q1 2025.
- Sales increased 52% to $448.5 million in Q1 2026 from $294.9 million in Q1 2025.
- Diluted EPS was $1.37 for Q1 2026, compared to $(0.16) for Q1 2025.
- Operating income was $79.4 million in Q1 2026, a significant improvement from an operating loss of $17.4 million in Q1 2025.
- Recognized an $8.4 million benefit from the 45X Advanced Manufacturing Production Tax Credit in Q1 2026.
- Declared a quarterly dividend of $0.08 per share for Q1 2026.
- Amended ABL Facility increased to $143.0 million, with $140.5 million available as of March 31, 2026.
- Net cash used in operating activities was $11.7 million in Q1 2026, compared to $10.9 million provided in Q1 2025.
Price Impact
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