NYSE$CVI

CVR Energy · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

CVR Energy reported Q4 2025, net loss of $110M, diluted EPS of $-1.10.

For Q4 2025, CVR Energy reported a net loss of $110M, diluted EPS was $-1.10, adjusted diluted EPS was $-0.80. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Net loss $110M.
  • Diluted EPS $-1.10.
  • Adjusted diluted EPS $-0.80.

Headline financials

Total Revenue

$1.81B

Previous: $1.95K+92963433.6%
EPS (adj)

-$0.80

Previous: -$0.13-515.4%
Ammonia Utilization Rate

64.0%

Previous: 96.0%-33.3%
Ammonia Gross Produced (tons)

140.0K

Previous: 210.0K-33.3%
Ammonia Net Available for Sale (tons)

62.0K

Previous: 80.0K-22.5%
UAN Production (tons)

169.0K

Previous: 310.0K-45.5%
Petroleum Total Throughput (bpd)

218.0K

Previous: 213.7K+2.0%
Renewables Vegetable Oil Throughput (gpd)

137.1K

Previous: 185.7K-26.2%
Renewable Diesel Yield

90.8%

Previous: 87.8%+3.4%
Renewable Utilization

54.4%

Previous: 73.7%-26.2%
Net Income

-$110M

Previous: $40.00-275000100.0%
Operating Income

-$95M

Previous: $21.00-452381052.4%
Gross Profit

$7M

Previous: $23.00+30434682.6%

Revenue & EPS history

CVR Energy · Revenue · Quarterly

$1.81B

Q4 2025+92,963,433.6%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

CVR Energy · $2.43B total across 2 segments · Q3 2023

  • Petroleum Segment
    $2.3B-7.1%
  • Nitrogen Fertilizer Segment
    $131M-16.0%

Forward guidance

The release discusses CVR Energy's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • CVR Energy cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q4 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter 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

-0.4%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+1.4%

Avg return

30 days after

45%

29 / 65 earnings

Positive

+18.9%

Q1 2022

Best reaction

-24.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.2%+3.3%-2.7%
Q4 2025-3.2%-2.9%+51.3%
Q3 2025-5.2%-6.8%-11.9%
Q1 2025+4.1%+8.0%+25.6%
Q4 2024+7.4%+14.0%+14.7%
Q3 2024-24.0%-32.8%-18.9%
Q2 2024+4.9%-7.0%-10.7%
Q1 2024-8.5%-11.2%-14.7%
Q4 2023-4.6%-4.6%+4.7%
Q3 2023+5.6%+5.3%+2.4%
Q2 2023-1.1%-0.5%-10.1%
Q1 2023-0.5%-9.1%-11.1%
Q4 2022-2.1%-1.4%-6.2%
Q3 2022-4.5%-1.5%-7.4%
Q2 2022+3.3%-6.0%-2.6%
Q1 2022+18.9%+30.5%+44.8%
Q4 2021-12.6%-13.3%+16.8%
Q3 2021-10.3%-7.3%-18.9%
Q2 2021+2.6%-5.7%+1.2%
Q1 2021+3.7%+10.0%+6.3%
Q4 2020+5.9%-3.6%-12.1%
Q3 2020+1.6%-5.4%+38.7%
Q2 2020-7.8%-9.2%-15.3%
Q1 2020-6.6%-1.1%+14.0%
Q4 2019+5.6%-0.8%-39.5%
Q3 2019-0.5%+5.4%+1.3%
Q2 2019-0.5%-0.7%-25.6%
Q1 2019+7.1%+5.9%+3.7%
Q4 2018-3.0%-3.3%-4.7%
Q3 2018+6.4%+7.1%-4.6%
Q2 2018+4.3%+3.6%+2.1%
Q1 2018-2.6%-1.2%+22.7%
Q4 2017-3.1%-5.1%-4.7%
Q3 2017+10.9%+14.6%+17.9%
Q2 2017-11.1%-11.7%-7.6%
Q1 2017+11.2%+14.6%+5.3%
Q4 2016+10.3%+10.6%-6.4%
Q3 2016-11.1%-10.3%+17.9%
Q2 2016+5.0%-2.3%-1.8%
Q1 2016-6.6%
Q4 2015-11.8%
Q3 2015+4.7%
Q2 2015+1.2%
Q1 2015+1.3%
Q4 2014-3.9%
Q3 2014+2.9%
Q2 2014-0.9%
Q1 2014-1.5%
Q4 2013+7.3%
Q3 2013-5.6%
Q2 2013-2.6%
Q1 2013+8.0%
Q4 2012-6.9%
Q3 2012+7.1%
Q2 2012-4.4%
Q1 2011+1.1%
Q1 2012-0.9%
Q4 2011+0.2%
Q1 2010+0.2%
Q4 2009+0.2%
Q3 2010-2.8%
Q3 2011-2.8%
Q2 2011-2.3%
Q4 2010-2.3%
Q2 2010-2.3%

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