AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Warrior Met Coal posted $509.7M in Q2 revenue, up 71% YoY, driven by Blue Creek ramp-up and stronger steelmaking coal pricing; net income surged to $87.4M from $5.6M.
Biggest Revenue Drivers
Mining segment sales$503.6M+75% YoY
64.7% increase in steelmaking coal sales volume driven by Blue Creek production and $8.60 per metric ton increase in average net selling price.
Other revenues$6.1M-33% YoY
Natural gas sales, royalty revenues and hedging gains; decline due to lower natural gas prices and absence of prior-year mark-to-market gains.
Biggest Revenue Drivers
Total revenue: $509.7M+71% YoY
Mining segment sales$503.6M+75% YoY
64.7% increase in steelmaking coal sales volume driven by Blue Creek production and $8.60 per metric ton increase in average net selling price.
Other revenues$6.1M-33% YoY
Natural gas sales, royalty revenues and hedging gains; decline due to lower natural gas prices and absence of prior-year mark-to-market gains.
Largest Expense Items
Cost of sales$340.0M+50% YoY
Increase driven by 64.7% higher coal sales volume, partially offset by $9.54 per metric ton decrease in cash cost and $9.7M benefit from 45X tax credit.
Depreciation and depletion$58.3M+35% YoY
Increase driven by additional Blue Creek assets placed in service and higher coal sales volume requiring depletion.
Selling, general and administrative$9.8M-18% YoY
Decrease primarily due to $2.4M gain from Walter Energy bankruptcy recoveries.
Watch Items from the Filing
Customer concentration: Customer A represents 15% of H1 2026 revenue ($138.8M); Customers A-E combined represent approximately 50% of mining segment sales.
Debt maturity: $156.5M in Senior Secured Notes due December 2028; company has paid down $193.5M since issuance but refinancing risk remains given coal price volatility.
Blue Creek ramp-up: Mine commenced operations 8 months ahead of schedule in October 2025; nameplate capacity increased to 13.7M metric tons annually (+88%), but actual volumes dependent on global steelmaking demand.
Collective bargaining: Labor agreement expired April 1, 2021; company continues negotiations with union representing certain hourly employees; outcomes uncertain.
Tax benefits: 45X Advanced Manufacturing Production Tax Credit recognized $18.0M in H1 2026 (2.5% of eligible production costs through 2029); benefits contingent on continued met coal classification.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About WARRIOR MET COAL, INC. (HCC): stock profile, AI score and financials
WARRIOR MET COAL, INC. (HCC) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores HCC at 46.5/100 on a composite quality score built from its SEC filings, placing it at rank #1,831 of 2,925 stocks — the bottom half of the AI-ranked universe. HCC scores in the top quartile across balance sheet strength (80.2), profitability (76.5). Areas of concern include earnings quality (23.3) and revenue growth (24.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 44.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), WARRIOR MET COAL, INC. reports quarterly revenue of $509.7M, net income of $87.4M, an operating margin of 18.5%. Top institutional holders of HCC by reported 13-F value include BlackRock, STATE STREET, First Eagle Investment Management, based on the most recent SEC filings. HCC trades on the NYSE exchange and files with the SEC under CIK 1691303. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HCC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for WARRIOR MET COAL, INC. directly from SEC EDGAR.