Warrior Met Coal Q1 net income rises to $72.3 million on record sales volume
Warrior Met Coal reported first quarter 2026 net income of $72.3 million, or $1.37 per diluted share, compared with a net loss of $8.2 million a year earlier, on total revenues of $458.6 million versus $299.9 million. The company reaffirmed its full-year 2026 guidance, but free cash flow was negative $91.9 million as Blue Creek construction spending and working capital increases absorbed cash.
Key points
- Total revenues of $458.6 million, up from $299.9 million in Q1 2025, on record sales volume of 3.0 million short tons (up 38%)
- Net income of $72.3 million, or $1.37 per diluted share, versus a net loss of $8.2 million, or $0.16 per share, in Q1 2025
- Adjusted EBITDA of $143.4 million, up 263% from $39.5 million; free cash flow was negative $91.9 million
- Full-year 2026 guidance reaffirmed; regular quarterly dividend of $0.08 per share payable May 7, 2026
The filing
Written by AI on Nov 8, 2026, 1:00 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 April 30, 2026.
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.