NYSE$AMR

Alpha Metallurgical Resources, Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Alpha Metallurgical reported Q4 2025 coal revenue and a net loss of $17.3M.

The met coal producer posted a Q4 net loss of $17.3 million ($(1.34) diluted EPS) with adjusted EBITDA of $28.5 million. Tons sold were 3.8 million with met segment realization about $118/ton. Management noted improving Australian low-vol indexes heading into Q1 2026.

  • Q4 adjusted EBITDA $28.5M.
  • Operating cash flow $19.0M; capex $29.0M.
  • Met pricing environment pressured FY25 results.
  • Q1 2026 volumes typically seasonally lower.

Headline financials

Total Revenue

$436M

Previous: $617M-29.3%
EPS (adj)

-$1.34

Previous: -$0.16-737.5%
Met Sales Realization per Ton

$115.31

Previous: $127.84-9.8%
Met Cost per Ton

$101.43

Previous: $108.82-6.8%
Met Tons Sold

3.8M

Previous: 4.1M-7.7%
Adjusted EBITDA

$28.5M

No prior period
Net Income

-$17.3M

Previous: -$2.1M-723.8%
Operating Income

-$21.3M

Previous: $936M-102.3%

Revenue & EPS history

Alpha Metallurgical · Revenue · Quarterly

$436M

Q4 2025-29.3%vs Q4 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Alpha Metallurgical · $493M total across 2 segments · Q2 2023

  • Export Met Coal
    $271M-35.0%
  • Domestic Met Coal
    $222M+39.2%

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-2.0%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+7.2%

Avg return

30 days after

38%

14 / 37 earnings

Positive

+26.4%

Q2 2020

Best reaction

-50.4%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.8%-7.2%+4.1%
Q4 2025-2.6%+8.7%+32.9%
Q3 2025-1.7%-4.7%+2.9%
Q1 2025-8.5%-1.5%-10.8%
Q4 2024-7.4%-10.5%-14.9%
Q3 2024+2.4%+16.1%+17.9%
Q2 2024-3.6%-0.7%-17.7%
Q1 2024-8.5%-13.7%-6.7%
Q4 2023+12.5%-1.0%-17.1%
Q3 2023-1.6%-7.3%+31.4%
Q2 2023+7.5%+10.4%+28.1%
Q1 2023+8.7%+3.9%+4.6%
Q4 2022-4.4%+2.4%-9.8%
Q3 2022-4.0%-13.1%-8.7%
Q2 2022+1.7%+17.9%+15.5%
Q1 2022+5.8%-10.5%+4.9%
Q4 2021+8.8%+14.3%+3.1%
Q3 2021-1.1%-12.5%-22.9%
Q2 2021+12.1%+21.0%+53.7%
Q1 2021+13.9%+4.2%+67.4%
Q4 2020-26.2%-18.9%-5.9%
Q3 2020+10.5%
Q2 2020+26.4%
Q1 2020-5.1%
Q4 2019-30.0%
Q3 2019-50.4%
Q2 2019-11.1%
Q1 2019-5.4%
Q4 2018-4.5%
Q4 2016+3.5%
Q1 2017+3.5%
Q2 2017-3.7%
Q4 2017-3.7%
Q3 2017-3.7%
Q3 2018-2.8%
Q2 2018+3.5%
Q1 2018-0.8%
Q2 2016
Q1 2016

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