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Discontinued — last reported Q2 '26

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Segments

By segment

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Ree Critical Minerals$5.44M+26.7%
Metallurgical Coal$3.53M-29.6%

Other financials

Income statement

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Revenue$144.8M-5.3%
Gross profit$16.6M-11.5%
Operating income-$18.2M-31.8%
Net income-$15.4M-10.3%
EPS (diluted)-$0.26+10.3%

Balance sheet

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Cash & equivalents$282.5M+904%
Total debt$15.6M-24.7%
Total equity$376.1M+8.2%
Total assets$1.0B+51.9%

Cash flow

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Operating cash flow-$34.6M-233%
CapEx$27.1M+79.1%
Free cash flow-$15.0M+22.9%

Valuation

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Market cap$649.1M-58.1%
Enterprise value$382.17M-75.2%
P/S1.3×-1.2×

Profitability

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Gross margin13.5%-3.5pp
Operating margin-14.1%-18.9pp
Net margin-12%-18.7pp
FCF margin-22.2%-24.9pp

Returns & leverage

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Return on equity-17.1%-33.0pp
Debt / equity0.0×
Current ratio4.2×+2.9×

Where this comes from

Reported directly by Ramaco Resources in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Ramaco Resources’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-090902
In thousands, except per-share amountsThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Cost of sales (exclusive of items shown separately below)128,176134,182236,690248,314
Asset retirement obligations accretion483402989804
Depreciation, depletion, and amortization16,81117,03833,42434,580
Selling, general, and administrative17,57715,18137,86229,783
Total costs and expenses163,047166,803308,965313,481
Operating income (loss)(18,248)(13,844)(42,553)(25,866)
Other income (expense), net1896586741,163
Interest expense, net(1,519)(2,818)(1,853)(5,048)

Item 1. Financial Statements

FAQ

What is Ramaco Resources's SG&A?
Ramaco Resources (METC) reported SG&A of $17.58M in Q2 2026.
How has Ramaco Resources's SG&A changed year-over-year?
Ramaco Resources's SG&A increased by 15.8% year-over-year, from $15.18M to $17.58M.
What is the long-term trend for Ramaco Resources's SG&A?
Over 4 years (2021 to 2025), Ramaco Resources's SG&A has grown at a 31.9% compound annual growth rate (CAGR), from $21.63M to $65.53M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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