Alpha Metallurgical posts $5.5 million Q3 net loss, trims affiliate funding guidance
Alpha Metallurgical Resources reported a third quarter 2025 net loss of $5.5 million, or $0.42 per diluted share, compared with a $3.8 million profit a year earlier. Revenue, Adjusted EBITDA and coal sales realization all declined from the prior quarter, and the company lowered its 2025 guidance for capital contributions to equity affiliates.
Key points
- Q3 2025 net loss of $5.5 million ($0.42 per diluted share), versus a net loss of $5.0 million in Q2 2025 and net income of $3.8 million in Q3 2024
- Total revenues were $526.8 million, down from $671.9 million in Q3 2024; Adjusted EBITDA was $41.7 million, versus $46.1 million in Q2 2025 and $49.0 million in Q3 2024
- Met segment realization was $114.94 per ton, down from $119.43 in Q2, while cost of coal sales fell to $97.27 per ton from $100.06
- 2025 guidance for capital contributions to equity affiliates lowered to $35 million to $41 million from $44 million to $54 million; total liquidity was $568.5 million as of September 30, 2025
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.