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CVR Partners UAN Nitrogen Fertilizer Segment — Feedstocks

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CVINitrogen Fertilizer Segment — CapEx
$17M+70.0%
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CVINitrogen Fertilizer Segment — Total Assets
$1.06B+5.9%
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CVINitrogen Fertilizer Segment — D&A
$22M+4.8%
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CVINitrogen Fertilizer Segment — Other revenue
$15M+7.1%
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CVINitrogen Fertilizer Segment — Recognized revenue
$7M-70.8%
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CVINitrogen Fertilizer Segment — Operating (loss) income
$85M+84.8%

Other financials

Income statement

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Revenue$202.2M+20.0%
Gross profit$93.2M+70.6%
Operating income$84.8M+83.1%
Net income$77.5M+99.9%
EPS (diluted)$7.33+99.7%

Balance sheet

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Cash & equivalents$137.5M+20.2%
Total debt$595.8M0.0%
Total equity$347.0M+9.6%
Total assets$1.1B+5.9%

Cash flow

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Operating cash flow$65.9M+173%
CapEx$15.0M+161%
Free cash flow$50.9M+177%

Valuation

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Market cap$1.34B+41.5%
Enterprise value$1.8B+25.9%
P/E6.4×-5.1×
P/S+0.3×

Profitability

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Gross margin33.5%+7.7pp
Operating margin28.5%+8.1pp
Net margin20.7%+10.7pp
FCF margin23.4%

Returns & leverage

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Return on equity42%+24.4pp
Debt / equity1.7×-0.2×
Current ratio-0.4×

Where this comes from

Reported directly by CVR Partners in its filing.

Tagged under the XBRL concept cvi:FeedstocksExpense.

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

Filed
Jul 29, 2026, 4:23 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001425292-26-000031
(in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net sales$202,194$168,559$382,242$311,425
Less:
Feedstocks13,22216,10631,15332,635
Distribution costs15,26114,87027,93328,098
Other costs of materials (1)(405)1,571(1,582)(285)
Cost of materials and other28,07832,54757,50460,448
Less:
Direct operating expenses (exclusive of depreciation and amortization and turnaround expenses)57,56659,625119,800113,733

Item 1. Financial Statements5Item 1.Legal Proceedings

FAQ

What is CVR Partners's nitrogen fertilizer segment — feedstocks?
CVR Partners (UAN) reported nitrogen fertilizer segment — feedstocks of $13.22M in Q2 2026.
How has CVR Partners's nitrogen fertilizer segment — feedstocks changed year-over-year?
CVR Partners's nitrogen fertilizer segment — feedstocks decreased by 17.9% year-over-year, from $16.11M to $13.22M.
What is the long-term trend for CVR Partners's nitrogen fertilizer segment — feedstocks?
Over 3 years (2022 to 2025), CVR Partners's nitrogen fertilizer segment — feedstocks has grown at a -14.0% compound annual growth rate (CAGR), from $92.31M to $58.72M.
What does nitrogen fertilizer segment — feedstocks mean?
Reflects the direct costs associated with raw materials, primarily natural gas, required to produce nitrogen fertilizer products. Fluctuations in this metric are highly sensitive to commodity market prices and directly impact the segment's gross margin.

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