Calumet, Inc.CLMTEarnings & Financial Report
Calumet, Inc. is a U.S.-headquartered specialty products firm that manufactures and distributes high-value hydrocarbon and specialty chemical products. Its offerings include specialty oils, lubricants, waxes, and renewable fuel solutions, serving industrial, consumer, and transportation segments across North America.
Revenue
$1.1B
Gross Profit
$373.7M
Operating Profit
$322.9M
Net Profit
$313.4M
Gross Margin
34.7%
Operating Margin
30.0%
Net Margin
29.1%
YoY Growth
-2.0%
EPS
$3.61
Calumet, Inc. Q3 FY2025 Financial Summary
Calumet, Inc. reported revenue of $1.1B (down 2.0% YoY) for Q3 FY2025, with a net profit of $313.4M (up 411.5% YoY) (29.1% margin). Cost of goods sold was $704.3M, operating expenses totaled $50.8M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $313.4M |
| Gross Margin | 34.7% |
| Operating Margin | 30.0% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Calumet, Inc. Q3 FY2025 revenue of $1.1B breaks down across 3 segments, led by Specialty Products And Solutions at $679.1M (63.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Specialty Products And Solutions | $679.1M | 63.0% |
| Montana Renewables | $319.2M | 29.6% |
| Performance Brands | $79.7M | 7.4% |
Calumet, Inc. Revenue by Segment — Quarterly Trend
Calumet, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Specialty Products And Solutions and Montana Renewables) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Specialty Products And Solutions | $675.9M | $679.1M | $627.9M | $650.1M |
| Montana Renewables | $294.2M | $319.2M | $318.0M | $261.7M |
| Performance Brands | $68.5M | $79.7M | $80.7M | $82.1M |
Calumet, Inc. Annual Revenue by Year
Calumet, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.1B |
Calumet, Inc. Quarterly Revenue & Net Profit History
Calumet, Inc. results over the last 6 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.0B | — | $-37.3M | -3.6% |
| Q3 FY2025 | $1.1B | -2.0% | $313.4M | 29.1% |
| Q2 FY2025 | $1.0B | -9.4% | $-147.9M | -14.4% |
| Q1 FY2025 | $993.9M | — | $-162.0M | -16.3% |
| Q3 FY2024 | $1.1B | — | $-100.6M | -9.1% |
| Q2 FY2024 | $1.1B | — | $-39.1M | -3.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.10B | $993.9M | $1.03B | $1.08B | $1.04B |
| YoY Growth | N/A | N/A | N/A | -9.4% | -2.0% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|
| Assets | $100 | $2.64B | $2.82B | $2.78B | $2.73B | $2.69B |
| Liabilities | $566.4M | $3.07B | $3.44B | $3.54B | $3.18B | $3.18B |
| Equity | $-566.4M | $-672.2M | $-862.3M | $-1.01B | $-695.3M | $-732.7M |
Cash Flow
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|
| Operating CF | $-15.5M | $-29.3M | $-1.8M | $23.5M | $116.5M |