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Ramaco Resources, Inc.

Ramaco Resources, Inc.METCEarnings & Financial Report

Nasdaq
NextMar 17, 2026

METC Q3 2025 Key Financial Metrics

Revenue

$121.0M

Gross Profit

$19.2M

Operating Profit

$-14.5M

Net Profit

$-13.3M

Gross Margin

15.8%

Operating Margin

-12.0%

Net Margin

-11.0%

YoY Growth

-27.7%

Financial Flow

Ramaco Resources, Inc. Q3 2025 Financial Summary

Ramaco Resources, Inc. reported revenue of $121.0M for Q3 2025, with a net profit of $-13.3M (-11.0% margin). Cost of goods sold was $101.8M, operating expenses totaled $33.6M.

Key Financial Metrics

Total Revenue$121.0M
Net Profit$-13.3M
Gross Margin15.8%
Operating Margin-12.0%
Report PeriodQ3 2025

Ramaco Resources, Inc. Annual Revenue by Year

Ramaco Resources, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $666.3M).

YearAnnual Revenue
2024$666.3M
2023$693.5M
2022$565.7M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$202.7M$172.7M$155.3M$167.4M$170.9M$134.7M$153.0M$121.0M
YoY Growth49.9%3.8%13.0%-10.5%-15.7%-22.0%-1.5%-27.7%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$665.8M$674.0M$659.2M$645.4M$674.7M$685.7M$674.6M$849.7M
Liabilities$296.2M$301.7M$293.1M$283.6M$311.9M$330.5M$327.2M$322.7M
Equity$369.6M$372.3M$366.1M$361.8M$362.8M$355.2M$347.4M$526.9M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$41.6M$25.2M$34.4M$37.4M$15.7M$26.0M$-4.3M$-1.4M