Alpha Metallurgical Resources, Inc. (AMR) Form 10-Q — Aug 7, 2026
Alpha Metallurgical Resources reported a Q2 2026 net loss of $12.3 million ($0.96 per share), widening from a $5.0 million loss a year earlier, as total revenue fell 10.4% year over year to $492.9 million. Sales volumes dropped 8.7% to 3.5 million tons on lower purchased-coal activity, shipment delays from planned equipment outages at the DTA export terminal, and slower rail service, while Adjusted EBITDA fell 44.5% to $25.6 million. The first-half picture was more balanced: net loss narrowed to $23.3 million from $38.9 million and Adjusted EBITDA rose 7.5% to $55.6 million, helped by the new IRC Section 45X tax credit created under the One Big Beautiful Bill Act.
Key figures
- Revenue
- 492856000
- Guidance
- 2026 sales volume guidance of 14.2-15.4 million total tons (met 13.2-14.0M, thermal 1.0-1.4M); 2026 capital expenditures of $148-168 million; estimated annual IRC Section 45X cash benefit of $20-40 million.
- Total Debt
- 11401000
- Revenue Yoy
- -10.4% (Q2 2026 vs Q2 2025)
- Total Assets
- 2255747000
- Cash Position
- 307595000
- Shares Outstanding
- 12679045
- H1 capex
- 85816000
- H1 revenue
- 1017843000
- Q2 revenue
- 492856000
- Total liquidity
- 447772000
- H1 adjusted ebitda
- 55596000
- Q2 adjusted ebitda
- 25566000
- H1 share repurchases
- 36728000
- Abl facility capacity
- 225000000
- Buyback authorization
- 1500000000
- Section 45x credit h1
- 14252000
- Section 45x credit q2
- 7060000
- Aggregate buyback spend
- 1169915000
- Surety bonds outstanding
- 171479000
- H1 adjusted ebitda yoy pct
- 7.5
- Letters of credit outstanding
- 40710000
- Shares repurchased under program
- 7035097
- Expected 2026 pension contributions
- 23108000
- Potential black lung collateral range
- $80M-$100M
Price after filing
Close on the filing date to close N calendar days later (from $146.12). Historical, not a forecast.
AI analysis
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