Alpha Metallurgical Resources Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Alpha Metallurgical Resources Inc reported revenue of $2.1B (-28.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Coal revenues | $2.1B | $2.9B | $3.5B | $4.1B |
| Other revenues | $6.9M | $10.7M | $14.8M | $8.6M |
| Total revenues | $2.1B | $3.0B | $3.5B | $4.1B |
| Cost of coal sales (exclusive of items shown separately below) | $1.9B | $2.5B | $2.4B | $2.3B |
| Depreciation, depletion and amortization | $174.5M | $167.3M | $136.9M | $107.6M |
| Accretion on asset retirement obligations | $22.1M | $25.1M | $25.5M | $23.8M |
| Amortization of acquired intangibles | $5.4M | $6.7M | $8.5M | $19.5M |
| Selling, general and administrative expenses (exclusive of depreciation, depletion and amortization shown separately above) | $60.2M | $74.0M | $82.4M | $71.6M |
| Other operating loss (income) | $3.9M | $4.7M | ($1.1M) | $3.4M |
| Total costs and expenses | $2.2B | $2.7B | $2.6B | $2.5B |
| (Loss) income from operations | ($61.4M) | $227.9M | $863.1M | $1.6B |
| Interest expense | ($3.0M) | ($3.8M) | ($6.9M) | ($21.8M) |
| Interest income | $15.5M | $18.2M | $11.9M | $3.2M |
| Loss on extinguishment of debt | $0 | $0 | ($2.8M) | — |
| Equity loss in affiliates | ($24.9M) | ($20.3M) | ($18.3M) | ($14.3M) |
| Miscellaneous expense, net | ($13.7M) | ($11.2M) | ($1.6M) | $6.8M |
| Total other expense, net | ($26.1M) | ($17.1M) | ($17.6M) | ($26.1M) |
| (Loss) income before income taxes | ($87.5M) | $210.8M | $845.5M | $1.6B |
| Income tax benefit (expense) | $25.8M | ($23.2M) | ($123.5M) | ($106.2M) |
| Net (loss) income | ($61.7M) | $187.6M | $722.0M | $1.4B |
| Basic (loss) income per common share (in dollars per share) | -$4.75 | $14.41 | $51.18 | $82.82 |
| Diluted (loss) income per common share (in dollars per share) | -$4.75 | $14.28 | $49.30 | $79.49 |
| Weighted average shares - basic (in shares) | 13.0M | 13.0M | 14.1M | 17.5M |
| Weighted average shares - diluted (in shares) | 13.0M | 13.1M | 14.6M | 18.2M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Coal revenues | $491.5M | $523.5M | $525.2M | $548.7M |
| Other revenues | $1.4M | $1.5M | $1.6M | $1.6M |
| Total revenues | $492.9M | $525.0M | $526.8M | $550.3M |
| Cost of coal sales (exclusive of items shown separately below) | $443.7M | $474.4M | $461.6M | $480.0M |
| Depreciation, depletion and amortization | $36.0M | $39.9M | $43.9M | $44.8M |
| Accretion on asset retirement obligations | $5.2M | $5.2M | $5.5M | $5.5M |
| Amortization of acquired intangibles | $876.0K | $876.0K | $1.4M | $1.4M |
| Selling, general and administrative expenses (exclusive of depreciation, depletion and amortization shown separately above) | $17.3M | $16.6M | $15.7M | $15.2M |
| Other operating loss (income) | $302.0K | ($1.6M) | $1.2M | $763.0K |
| Total costs and expenses | $503.4M | $535.4M | $529.3M | $547.6M |
| (Loss) income from operations | ($10.5M) | ($10.4M) | ($2.5M) | $2.7M |
| Interest expense | ($962.0K) | ($841.0K) | ($765.0K) | ($761.0K) |
| Interest income | $2.9M | $4.2M | $3.9M | $4.2M |
| Equity loss in affiliates | ($6.7M) | ($5.7M) | ($6.2M) | ($8.7M) |
| Miscellaneous expense, net | ($3.6M) | ($3.6M) | ($3.3M) | ($3.6M) |
| Total other expense, net | ($8.3M) | ($5.9M) | ($6.3M) | ($8.9M) |
| Loss before income taxes | ($18.8M) | ($16.4M) | ($8.8M) | ($6.2M) |
| Income tax benefit | $6.6M | $5.3M | $3.3M | $1.2M |
| Net loss | ($12.3M) | ($11.0M) | ($5.5M) | ($5.0M) |
| Basic loss per common share (in dollars per share) | -$0.96 | -$0.86 | -$0.42 | -$0.38 |
| Diluted loss per common share (in dollars per share) | -$0.96 | -$0.86 | -$0.42 | -$0.38 |
| Weighted average shares - basic (in shares) | 12.7M | 12.8M | 13.0M | 13.1M |
| Weighted average shares - diluted (in shares) | 12.7M | 12.8M | 13.0M | 13.1M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $366.0M | $481.6M | $268.2M | $301.9M |
| Short-term investments | $49.6M | — | $0 | $46.1M |
| Trade accounts receivable, net of allowance for credit losses of $2,519 and $2,396 as of December 31, 2025 and 2024, respectively | $278.6M | $362.1M | $509.7M | $407.2M |
| Inventories, net | $193.0M | $169.3M | $231.3M | $200.6M |
| Prepaid expenses and other current assets | $31.1M | $23.7M | $39.0M | $49.4M |
| Total current assets | $918.3M | $1.0B | $1.0B | $1.1B |
| Property, plant, and equipment, net of accumulated depreciation and amortization of $774,101 and $667,260 as of December 31, 2025 and 2024, respectively | $621.9M | $634.9M | $589.0M | $442.6M |
| Owned and leased mineral rights, net of accumulated depletion and amortization of $150,616 and $124,965 as of December 31, 2025 and 2024, respectively | $416.9M | $443.5M | $451.2M | $451.1M |
| Other acquired intangibles, net of accumulated amortization of $43,072 and $41,444 as of December 31, 2025 and 2024, respectively | $34.5M | $39.9M | $46.6M | $55.1M |
| Long-term restricted cash | $126.9M | $122.6M | $115.9M | $28.9M |
| Long-term restricted investments | $34.4M | $43.1M | $40.6M | $105.7M |
| Deferred income taxes | $8.1M | $6.5M | $8.0M | $11.4M |
| Other non-current assets | $119.7M | $111.6M | $106.5M | $103.2M |
| Total assets | $2.3B | $2.4B | $2.4B | $2.3B |
| Current portion of long-term debt | $3.6M | $2.9M | $3.6M | $3.1M |
| Trade accounts payable | $66.2M | $96.6M | $128.8M | $106.0M |
| Accrued expenses and other current liabilities | $135.8M | $151.6M | $177.5M | $265.3M |
| Total current liabilities | $205.5M | $251.1M | $309.9M | $402.6M |
| Long-term debt | $9.8M | $2.9M | $6.8M | $7.9M |
| Workers’ compensation and black lung obligations | $191.0M | $183.0M | $189.2M | $188.2M |
| Pension obligations | $87.3M | $100.6M | $101.9M | $110.8M |
| Asset retirement obligations | $204.7M | $189.8M | $166.5M | $142.0M |
| Deferred income taxes | $15.4M | $40.5M | $39.1M | $10.9M |
| Other non-current liabilities | $21.3M | $21.4M | $18.6M | $20.2M |
| Total liabilities | $735.1M | $789.2M | $832.1M | $882.7M |
| Preferred stock - par value $0.01, 5,000,000 shares authorized, none issued | 0 | 0 | 0 | 0 |
| Common stock - par value $0.01, 50,000,000 shares authorized, 22,437,379 issued and 12,805,909 outstanding at December 31, 2025 and 22,383,325 issued and 13,016,390 outstanding at December 31, 2024 | 224.0K | 224.0K | 221.0K | 217.0K |
| Additional paid-in capital | $852.0M | $839.8M | $834.5M | $815.4M |
| Accumulated other comprehensive loss | ($60.4M) | ($50.1M) | ($40.6M) | ($12.2M) |
| Treasury stock, at cost: 9,631,470 shares at December 31, 2025 and 9,366,935 shares at December 31, 2024 | -1.3B | -1.3B | -1.2B | -649.1M |
| Retained earnings | $2.1B | $2.2B | $2.0B | $1.3B |
| Total stockholders’ equity | $1.5B | $1.6B | $1.6B | $1.4B |
| Total liabilities and stockholders’ equity | $2.3B | $2.4B | $2.4B | $2.3B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $307.6M | $317.2M | $408.5M | $449.0M |
| Short-term investments | $30.9M | $49.6M | $49.4M | — |
| Trade accounts receivable, net of allowance for credit losses of $2,714 and $2,519 as of June 30, 2026 and December 31, 2025, respectively | $230.6M | $302.1M | $289.2M | $296.0M |
| Inventories, net | $262.4M | $213.1M | $210.0M | $207.3M |
| Prepaid expenses and other current assets | $31.0M | $27.4M | $32.8M | $35.9M |
| Total current assets | $862.5M | $909.5M | $989.9M | $988.2M |
| Property, plant, and equipment, net of accumulated depreciation and amortization of $837,738 and $774,101 as of June 30, 2026 and December 31, 2025, respectively | $637.7M | $625.1M | $614.2M | $624.1M |
| Owned and leased mineral rights, net of accumulated depletion and amortization of $162,223 and $150,616 as of June 30, 2026 and December 31, 2025, respectively | $408.5M | $410.5M | $421.6M | $428.4M |
| Other acquired intangibles, net of accumulated amortization of $44,825 and $43,072 as of June 30, 2026 and December 31, 2025, respectively | $32.7M | $33.6M | $35.8M | $37.2M |
| Long-term restricted cash | $128.2M | $127.2M | $125.8M | $126.1M |
| Long-term restricted investments | $34.5M | $34.4M | $34.2M | $42.5M |
| Deferred income taxes | $8.4M | $8.2M | $7.0M | $6.9M |
| Other non-current assets | $143.4M | $133.9M | $116.8M | $119.8M |
| Total assets | $2.3B | $2.3B | $2.3B | $2.4B |
| Current portion of long-term debt | $3.2M | $3.2M | $2.1M | $2.6M |
| Trade accounts payable | $86.7M | $93.0M | $83.4M | $87.4M |
| Accrued expenses and other current liabilities | $163.3M | $151.8M | $165.1M | $153.3M |
| Total current liabilities | $253.3M | $248.0M | $250.5M | $243.3M |
| Long-term debt | $8.2M | $9.0M | $2.9M | $3.1M |
| Workers’ compensation and black lung obligations | $188.6M | $189.5M | $178.2M | $178.8M |
| Pension obligations | $76.1M | $83.3M | $88.0M | $95.9M |
| Asset retirement obligations | $204.2M | $203.6M | $187.2M | $190.0M |
| Deferred income taxes | $5.2M | $10.7M | $25.5M | $28.4M |
| Other non-current liabilities | $21.3M | $21.4M | $20.8M | $19.8M |
| Total liabilities | $756.9M | $765.5M | $753.2M | $759.4M |
| Preferred stock - par value $0.01, 5,000,000 shares authorized, none issued | 0 | 0 | 0 | 0 |
| Common stock - par value $0.01, 50,000,000 shares authorized, 22,496,891 issued and 12,685,495 outstanding at June 30, 2026 and 22,437,379 issued and 12,805,909 outstanding at December 31, 2025 | 225.0K | 225.0K | 224.0K | 224.0K |
| Additional paid-in capital | $860.0M | $855.8M | $848.8M | $845.9M |
| Accumulated other comprehensive loss | ($55.2M) | ($58.7M) | ($48.1M) | ($49.2M) |
| Treasury stock, at cost: 9,811,396 shares at June 30, 2026 and 9,631,470 shares at December 31, 2025 | -1.4B | -1.4B | -1.3B | -1.3B |
| Retained earnings | $2.1B | $2.1B | $2.1B | $2.1B |
| Total stockholders’ equity | $1.5B | $1.5B | $1.6B | $1.6B |
| Total liabilities and stockholders’ equity | $2.3B | $2.3B | $2.3B | $2.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net (loss) income | ($61.7M) | $187.6M | $722.0M | $1.4B |
| Depreciation, depletion and amortization | $174.5M | $167.3M | $136.9M | $107.6M |
| Amortization of acquired intangibles | $5.4M | $6.7M | $8.5M | — |
| Loss on extinguishment of debt | $0 | $0 | $2.8M | — |
| Loss (gain) on disposal of assets, net | $1.0M | ($169.0K) | ($6.8M) | $43.0K |
| Accretion on asset retirement obligations | $22.1M | $25.1M | $25.5M | $23.8M |
| Employee benefit plans, net | $23.4M | $14.6M | $8.4M | ($4.5M) |
| Deferred tax (benefit) expense | ($23.7M) | $5.6M | $39.7M | ($14.5M) |
| Stock-based compensation | $13.6M | $12.3M | $19.0M | $7.5M |
| Equity loss in affiliates | $24.9M | $20.3M | $18.3M | $14.3M |
| Other, net | ($1.4M) | $787.0K | ($363.0K) | ($994.0K) |
| Trade accounts receivable, net | $83.4M | $145.4M | ($102.5M) | $82.8M |
| Inventories, net | ($21.5M) | $64.2M | ($27.9M) | ($63.2M) |
| Prepaid expenses and other current assets | ($3.1M) | $14.7M | $7.6M | ($12.0M) |
| Deposits | $183.0K | $408.0K | $80.7M | ($84.3M) |
| Other non-current assets | $356.0K | $1.2M | $3.8M | $11.3M |
| Trade accounts payable | ($29.1M) | ($19.3M) | $15.7M | $3.7M |
| Accrued expenses and other current liabilities | ($10.8M) | ($6.0M) | ($9.1M) | ($6.9M) |
| Acquisition-related obligations | $0 | $0 | ($28.3M) | ($22.3M) |
| Workers’ compensation and black lung obligations | ($20.0M) | — | — | — |
| Pension obligations | ($17.0M) | — | — | — |
| Asset retirement obligations | ($14.7M) | ($27.9M) | ($19.2M) | ($18.7M) |
| Other non-current liabilities | ($884.0K) | ($33.8M) | ($45.5M) | ($25.1M) |
| Net cash provided by operating activities | $144.9M | $579.9M | $851.2M | $1.5B |
| Capital expenditures | ($127.2M) | ($198.8M) | ($245.4M) | ($164.3M) |
| Capital contributions to equity affiliates | ($38.1M) | ($32.5M) | ($30.8M) | ($19.6M) |
| Proceeds from disposal of assets | $265.0K | $1.0M | $8.2M | $3.6M |
| Cash paid for business acquired | $0 | $0 | ($11.9M) | ($24.9M) |
| Purchases of investment securities | ($106.2M) | ($48.7M) | ($207.1M) | ($269.4M) |
| Sales and maturities of investment securities | $67.2M | $48.0M | $321.0M | $149.4M |
| Other, net | $51.0K | $31.0K | $35.0K | ($4.2M) |
| Net cash used in investing activities | ($204.0M) | ($231.0M) | ($166.0M) | ($329.4M) |
| Principal repayments of long-term debt | ($2.0M) | ($2.2M) | ($2.3M) | ($450.6M) |
| Dividend and dividend equivalents paid | ($415.0K) | ($3.1M) | ($113.0M) | ($13.4M) |
| Common stock repurchases and related expenses | ($45.2M) | ($122.3M) | ($540.1M) | ($521.8M) |
| Other, net | ($4.7M) | ($1.3M) | ($5.4M) | ($1.7M) |
| Net cash used in financing activities | ($52.2M) | ($128.9M) | ($656.4M) | ($981.9M) |
| Net (decrease) increase in cash and cash equivalents and restricted cash | ($111.3M) | $220.0M | $28.7M | $172.8M |
| Cash and cash equivalents and restricted cash at beginning of period | $604.2M | $384.1M | $355.4M | $182.6M |
| Cash and cash equivalents and restricted cash at end of period | $492.9M | $604.2M | $384.1M | $355.4M |
| Cash paid for interest | $1.9M | $2.7M | $5.2M | $25.9M |
| Cash paid for income taxes (net of refunds received) | $2.1M | — | — | — |
| Financing leases and capital financing - equipment | $12.1M | $1.0K | $3.2M | $9.8M |
| Accrued capital expenditures | $14.3M | $15.5M | $25.0M | $18.5M |
| Accrued common stock repurchases and stock repurchase excise tax | $327.0K | $0 | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net loss | ($23.3M) | ($11.0M) | ($44.4M) | ($38.9M) |
| Depreciation, depletion and amortization | $76.0M | $39.9M | $132.6M | $88.7M |
| Amortization of acquired intangibles | $1.8M | $876.0K | $4.1M | $2.7M |
| (Gain) loss on disposal of assets, net | ($2.1M) | ($2.1M) | $860.0K | $138.0K |
| Accretion on asset retirement obligations | $10.4M | $5.2M | $16.6M | $11.1M |
| Employee benefit plans, net | $14.6M | $6.3M | $19.4M | $11.6M |
| Deferred tax benefit | ($11.9M) | ($5.3M) | ($16.0M) | ($12.7M) |
| Stock-based compensation | $8.0M | $3.7M | $10.4M | $7.5M |
| Equity loss in affiliates | $12.4M | $5.7M | $19.9M | $13.7M |
| Other, net | $2.3M | $2.5M | ($2.1M) | ($214.0K) |
| Changes in operating assets and liabilities | ($19.3M) | ($16.8M) | ($16.4M) | ($8.9M) |
| Net cash provided by operating activities | $68.9M | $29.0M | $126.0M | $75.4M |
| Capital expenditures | ($85.8M) | ($40.7M) | ($98.2M) | ($73.1M) |
| Capital contributions to equity affiliates | ($23.3M) | ($13.4M) | ($28.4M) | ($23.5M) |
| Purchases of investment securities | ($48.9M) | ($27.8M) | ($88.0M) | ($29.3M) |
| Sales and maturities of investment securities | $68.3M | $28.2M | $48.7M | $30.6M |
| Other, net | $2.1M | $62.0K | $42.0K | $12.0K |
| Net cash used in investing activities | ($87.6M) | ($53.6M) | ($165.7M) | ($95.2M) |
| Principal repayments of long-term debt | ($1.6M) | ($915.0K) | ($1.4M) | ($865.0K) |
| Common stock repurchases and related expenses | ($36.7M) | ($22.9M) | ($25.2M) | ($5.2M) |
| Other, net | ($72.0K) | ($72.0K) | ($1.0M) | ($696.0K) |
| Net cash used in financing activities | ($38.4M) | ($23.9M) | ($30.1M) | ($9.3M) |
| Net decrease in cash and cash equivalents and restricted cash | ($57.1M) | ($48.4M) | ($69.8M) | ($29.0M) |
| Cash and cash equivalents and restricted cash at beginning of period | $492.9M | $492.9M | $604.2M | $604.2M |
| Cash and cash equivalents and restricted cash at end of period | $435.8M | $444.4M | $534.3M | $575.1M |
| Accrued capital expenditures | $11.0M | $11.1M | $11.6M | $7.8M |
Alpha Metallurgical Resources Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.