NYSE$HCC
Warrior Met Coal Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Warrior Met Coal Inc reported lower Q2 2025 revenues and net income amid weaker steelmaking coal prices.
Total revenues declined 25% to $297.5 million as average net selling prices fell $61.74 per metric ton to $143.31. Net income dropped to $5.6 million from $70.7 million in the prior-year quarter, with operating income at $7.7 million. The company produced 2.1 million metric tons and sold 2.0 million metric tons of steelmaking coal while advancing the Blue Creek mine.
- Net income fell sharply to $5.6 million as steelmaking coal prices declined 30% year-over-year.
- Met coal sales volume rose 6% to 2.0 million metric tons while cash cost of sales per ton improved to $111.53.
- Blue Creek mine achieved first commercial sales of 217 thousand metric tons ahead of schedule.
- Adjusted EBITDA totaled $53.6 million; the company maintained a strong liquidity position of $545 million.
Headline financials
Revenue & EPS history
Warrior Met Coal · Revenue · Quarterly
$298M
Revenue by segment
Warrior Met Coal · $298M total across 2 segments · Q2 2025
- Mining$288M—97.0%
- All Other$9.03M—3.0%
Forward guidance
Blue Creek longwall startup expected early Q1 2026 with 900k tons production in 2025 and 3.6 million tons in 2026; premium LV index prices expected to remain rangebound between $182-$195 per ton for the remainder of 2025.
Tailwinds
- Blue Creek first commercial sales achieved ahead of schedule
- Nameplate capacity increased 25% to 5.4 million metric tons
Headwinds
- Premium LV index prices declined 24% year-over-year
- Trade and tariff uncertainties contributing to lower seaborne prices
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-1.6%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+0.2%
Avg return
30 days after
41%
15 / 37 earnings
Positive
+23.8%
Q3 2025
Best reaction
-21.7%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -0.0% | -2.6% | +5.1% | |
| Q4 2025 | +0.2% | +1.1% | -1.1% | |
| Q3 2025 | +23.8% | +24.8% | +23.5% | |
| Q1 2025 | -5.0% | -0.5% | -5.0% | |
| Q4 2024 | -8.4% | -7.8% | -9.0% | |
| Q3 2024 | +1.4% | +5.3% | +12.9% | |
| Q2 2024 | -10.2% | -12.0% | -11.3% | |
| Q1 2024 | -4.2% | -5.3% | +0.1% | |
| Q4 2023 | -1.3% | -3.1% | -9.7% | |
| Q3 2023 | -0.1% | +0.7% | +19.8% | |
| Q2 2023 | -14.7% | -8.7% | -8.0% | |
| Q1 2023 | +6.5% | +14.6% | +4.5% | |
| Q4 2022 | +1.6% | +5.8% | -15.8% | |
| Q3 2022 | -1.5% | -0.0% | +1.6% | |
| Q2 2022 | -11.4% | -7.0% | -0.8% | |
| Q1 2022 | -9.3% | -11.2% | +2.4% | |
| Q4 2021 | +0.3% | +0.8% | +22.2% | |
| Q3 2021 | -3.5% | -7.7% | -10.1% | |
| Q2 2021 | -1.9% | -10.7% | +27.0% | |
| Q1 2021 | -5.1% | -9.0% | +11.5% | |
| Q4 2020 | -21.7% | -23.2% | -32.5% | |
| Q3 2020 | -2.6% | +6.7% | +25.1% | |
| Q2 2020 | -5.9% | -1.7% | +6.7% | |
| Q1 2020 | +7.6% | +15.4% | +20.8% | |
| Q4 2019 | -14.2% | -16.7% | -42.7% | |
| Q3 2019 | -15.2% | -10.8% | -10.7% | |
| Q2 2019 | -13.6% | -14.1% | -16.4% | |
| Q1 2019 | +6.2% | -8.5% | -16.7% | |
| Q4 2018 | +2.6% | +1.9% | -1.7% | |
| Q3 2018 | -3.5% | -4.0% | -13.7% | |
| Q2 2018 | -3.5% | -3.6% | -7.0% | |
| Q1 2018 | +12.3% | +14.8% | +22.4% | |
| Q4 2016 | +10.7% | +9.0% | +4.7% | |
| Q4 2017 | +10.7% | +9.0% | +4.7% | |
| Q3 2017 | +4.2% | +5.7% | -8.4% | |
| Q2 2017 | +6.5% | +8.2% | +20.2% | |
| Q1 2017 | +4.2% | +5.0% | -7.0% | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — |
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