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CVR Energy CVI Petroleum Segment — Operating (loss) income

Other segment segments

Nitrogen Fertilizer Segment
$85M+84.8%

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Other financials

Income statement

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Revenue$2.7B+55.5%
Gross profit$117.0M+277%
Operating income$78.0M+176%
Net income-$3.0M+97.4%
EPS (diluted)-$0.03+97.4%

Balance sheet

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Cash & equivalents$737.0M+23.7%
Total debt$1.8B-4.1%
Total equity$525.0M+12.7%
Total assets$4.1B+2.4%

Cash flow

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Operating cash flow$307.0M
CapEx$43.0M+4.9%
Free cash flow$264.0M

Valuation

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Market cap$3.15B+17.4%
Enterprise value$4.23B+6.3%
P/E48.5×-24.1×
P/S0.4×0.0×

Profitability

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Gross margin6.3%+2.4pp
Operating margin4.1%+2.1pp
Net margin2.3%+1.4pp
FCF margin4.1%

Returns & leverage

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Return on equity21.9%+13.3pp
Debt / equity3.4×-0.6×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by CVR Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: CVR Energy’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001376139-26-000039
(in millions)Three Months Ended June 30, 2026 / PetroleumThree Months Ended June 30, 2026 / Nitrogen FertilizerThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / PetroleumThree Months Ended June 30, 2025 / Nitrogen FertilizerThree Months Ended June 30, 2025 / Total
Selling, general and administrative expenses (exclusive of depreciation and amortization)227208
Depreciation and amortization49224821
Loss (gain) on asset disposals11(2)1
Operating income (loss) by segment$5$85$90$(133)$46$(87)
Reconciliation of Operating income (loss) by segment to Net income (loss):
Other loss (1)$(5)$(11)
Elimination of inter-segment loss13
Corporate and other expenses(8)(8)

Item 1. Financial Statements6Item 1.Legal Proceedings

FAQ

What is CVR Energy's petroleum segment — operating (loss) income?
CVR Energy (CVI) reported petroleum segment — operating (loss) income of $5M in Q2 2026.
How has CVR Energy's petroleum segment — operating (loss) income changed year-over-year?
CVR Energy's petroleum segment — operating (loss) income increased by 103.8% year-over-year, from -$133M to $5M.
What is the long-term trend for CVR Energy's petroleum segment — operating (loss) income?
Over 4 years (2021 to 2025), CVR Energy's petroleum segment — operating (loss) income has grown at a 71.3% compound annual growth rate (CAGR), from -$26M to $224M.
What does petroleum segment — operating (loss) income mean?
This is the core profitability metric for the petroleum segment, calculated as total revenues minus operating expenses, including cost of goods sold and overheads. It measures the operational performance and margin generation capability of the refining and marketing business.

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