WARRIOR MET COAL, INC.HCCEarnings & Financial Report
Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.
Revenue
$297.5M
Gross Profit
$71.1M
Operating Profit
$7.7M
Net Profit
$5.6M
Gross Margin
23.9%
Operating Margin
2.6%
Net Margin
1.9%
YoY Growth
-25.0%
EPS
$0.11
WARRIOR MET COAL, INC. Q2 FY2025 Financial Summary
WARRIOR MET COAL, INC. reported revenue of $297.5M (down 25.0% YoY) for Q2 FY2025, with a net profit of $5.6M (down 92.1% YoY) (1.9% margin). Cost of goods sold was $226.4M, operating expenses totaled $63.4M.
Key Financial Metrics
| Total Revenue | $297.5M |
|---|---|
| Net Profit | $5.6M |
| Gross Margin | 23.9% |
| Operating Margin | 2.6% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
WARRIOR MET COAL, INC. Q2 FY2025 revenue of $297.5M breaks down across 2 segments, led by Mining Segment at $288.5M (97.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Mining Segment | $288.5M | 97.0% |
| Other | $9.0M | 3.0% |
WARRIOR MET COAL, INC. Revenue by Segment — Quarterly Trend
WARRIOR MET COAL, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Mining Segment and Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Mining Segment | — | $373.6M | $320.0M | $288.5M |
| Other | — | $10.4M | $8.6M | $9.0M |
WARRIOR MET COAL, INC. Annual Revenue by Year
WARRIOR MET COAL, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.3B |
| 2024 | $1.5B |
| 2023 | $1.7B |
WARRIOR MET COAL, INC. Quarterly Revenue & Net Profit History
WARRIOR MET COAL, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $458.6M | +52.1% | $72.3M | 15.8% |
| Q4 FY2025 | $384.0M | +29.1% | $23.0M | 6.0% |
| Q3 FY2025 | $328.6M | +0.3% | $36.6M | 11.1% |
| Q2 FY2025 | $297.5M | -25.0% | $5.6M | 1.9% |
| Q1 FY2025 | $299.9M | -40.4% | $-8.2M | -2.7% |
| Q4 FY2024 | $297.5M | -18.2% | $1.1M | 0.4% |
| Q3 FY2024 | $327.7M | -22.6% | $41.8M | 12.7% |
| Q2 FY2024 | $396.5M | +4.4% | $70.7M | 17.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $396.5M | $327.7M | $297.5M | $299.9M | $297.5M | $328.6M | $384.0M | $458.6M |
| YoY Growth | 4.4% | -22.6% | -18.2% | -40.4% | -25.0% | 0.3% | 29.1% | 52.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.56B | $2.58B | $2.59B | $2.62B | $2.65B | $2.68B | $2.78B | $2.82B |
| Liabilities | $512.5M | $493.6M | $500.7M | $547.1M | $565.1M | $564.8M | $642.4M | $619.0M |
| Equity | $2.05B | $2.09B | $2.09B | $2.08B | $2.08B | $2.12B | $2.14B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $147.0M | $62.2M | $54.2M | $10.9M | $37.5M | $104.7M | $76.1M |