CVR Energy Q3 profit swings to $374 million on $488 million EPA waiver benefit
CVR Energy reported third quarter 2025 net income attributable to stockholders of $374 million, or $3.72 per diluted share, compared with a loss of $124 million, or $1.24 per share, a year earlier. The result includes a $488 million benefit from the EPA's August 2025 small refinery waiver decision, and net sales rose to $1,944 million from $1,833 million.
Key points
- Net sales were $1,944 million, up from $1,833 million in the third quarter of 2024.
- Adjusted earnings per diluted share were $0.40, compared with an adjusted loss of $0.50 a year earlier.
- The $488 million gain reflects the EPA's August 22, 2025 waiver decision for Wynnewood Refining Company, LLC.
- CVR Energy will not pay a cash dividend for the third quarter of 2025; the earnings call is October 30 at 1 p.m. Eastern.
The filing
Written by AI on Nov 8, 2026, 1:01 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 October 29, 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.