The financials
CVR Energy, Inc. by the numbers
CVR Energy, Inc. (CVI) reported revenue of $1.98B in Q1 2026 (quarter ended March 31, 2026), up 20% from the same quarter a year earlier. That came with a gross margin of −5.2% and net loss of $192M. For the full year FY2025, revenue was $7.16B (−5.9% year on year) and net income $27M. Its largest product in 2026-Q1 was Product Distillates at $886M, 46% of the disclosed total, just ahead of Product Gasoline at 45%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.98B | $1.65B | +20% |
| Gross profit | −$103M | −$91M | n/a |
| Operating income | −$145M | −$131M | n/a |
| Net income | −$192M | −$123M | n/a |
| Diluted EPS | −$1.91 | −$1.22 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Product Distillates | $886M | 46% |
| Product Gasoline | $854M | 45% |
| Product UAN | $106M | 5.5% |
| Product Ammonia | $50M | 2.6% |
| Service Crude Oil Sales | $10M | 0.5% |
| Product Urea Products | $9.0M | 0.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.92B (+2.3%)
Product Distillates grew +64% year on yearService Crude Oil Sales -96% year on year
Segment Latestquarter on quarteryear on year
- Product Distillates$886.0M$886.0MQoQ +12%year on year +64%+12%+64%
- Product Gasoline$854.0M$854.0MQoQ -0.23%year on year +31%-0.23%+31%
- Product UAN$106.0M$106.0MQoQ -7.0%year on year +23%-7.0%+23%
- Product Ammonia$50.0M$50.0MQoQ +100%year on year +52%+100%+52%
- Service Crude Oil Sales$10.0M$10.0MQoQ -66%year on year -96%-66%-96%
- Product Urea Products$9.0M$9.0MQoQ -10.0%year on year 0.00%-10.0%0.00%
- Renewable Fuel Credits--QoQ -year on year ---
- Renewables Diesel--QoQ -year on year ---
Oil & Gas Refining & Marketing
Ranks #10 of 11 by Smart Score