Jun 2026 (Q2 FY26) — Aug 5, 2026
Warrior Met Coal Q2 FY26 — Blue Creek Drives Record Sales and Strong Free Cash Flow
Read the full callWarrior Met Coal earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 510 | +71.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 18.5 | +15.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 87.4 | +1459.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $27.34 on 17 Oct 2025 → $84.98. High $108.53 (2 Sept 2026), low $13.73 (30 Mar 2026).
Overview
Call summaries
Warrior Met Coal Q2 FY26 — Blue Creek Drives Record Sales and Strong Free Cash Flow
Read the full callWarrior Met Coal Q1 FY26 — Blue Creek Completion Drives Record Volumes and Strong Profitability
Read the full callEvery analysed call
Financials
Net profit, year on year: +1460% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 328 | 297 | 300 | 298 | 329 | 384 | 459 | 510 |
| Expenses | 289 | 302 | 317 | 290 | 308 | 349 | 379 | 415 |
| Operating profit | 39 | -4 | -17 | 8 | 21 | 35 | 79 | 95 |
| Operating margin | 11.9% | −1.4% | −5.8% | 2.6% | 6.3% | 9.0% | 17.3% | 18.5% |
| Interest | 1 | 1 | 2 | 3 | 2 | 2 | 3 | 6 |
| Profit before tax | 46 | 2 | -14 | 10 | 23 | 36 | 79 | 91 |
| Tax rate | 9.9% | 41.8% | 42.5% | 43.5% | −60.1% | 36.0% | 8.2% | 4.1% |
| Net profit | 42 | 1 | -8 | 6 | 37 | 23 | 72 | 87 |
| EPS ($ per share) | 0.80 | — | -0.16 | 0.11 | 0.70 | — | 1.37 | 1.65 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 510 | 572 | 526 | 666 | 1,228 | 1,645 | 1,851 | 1,891 |
| Total liabilities | 682 | 579 | 669 | 592 | 581 | 483 | 501 | 642 |
| Fixed assets | 540 | 606 | 637 | 603 | 739 | 1,180 | 1,549 | 1,817 |
| Total assets | 1,395 | 1,344 | 1,394 | 1,464 | 2,028 | 2,357 | 2,592 | 2,784 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 559 | 533 | 113 | 352 | 842 | 701 | 367 | 229 |
| Cash from investing | -108 | -134 | -108 | -71 | -255 | -527 | -538 | -405 |
| Cash from financing | -282 | -412 | 14 | -96 | -153 | -265 | -69 | -15 |
| Net cash flow | 170 | -13 | 19 | 184 | 434 | -91 | -239 | -191 |
| Capital expenditure | -102 | -107 | -87 | -58 | -205 | -525 | -488 | -412 |
| Free cash flow | 458 | 426 | 25 | 294 | 637 | 176 | -121 | -182 |
| Segment | Q2 FY2024 | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| All Other Segments | — | — | — | — | — | 3% | 2% | 1% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Shipments | 3M tonsWarrior achieved a record high quarterly sales volume in the first quarter of 3 million short tons compared to 2.2 million tons in the same quarter 2025.Source: earnings call transcript | 3.7M tonsFor the fourth consecutive quarter, Warrior achieved record high quarterly sales volume in the second quarter of 3.7 million short tons compared to 2.2 million in the same quarter of 2025.Source: earnings call transcript | +23.3% |
| Production volume | 3.5M tonsProduction volume in the first quarter of 2026 was a record high 3.5 million short tons compared to 2.3 million in the same quarter of last year, representing a 55% increase.Source: earnings call transcript | 3.3M tonsProduction volume in the second quarter of 2026 was 3.3 million short tons compared to 2.3 million in the same quarter of last year, representing a 45% increase.Source: earnings call transcript | -5.7% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
63 filings between Nov 6, 2025 and Aug 24, 2026.
Purchases
None
No insider bought shares.
Sales
$26.41M
10 sales by 4 insiders
60% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| SCHELLER WALTER J | — | $22.20M | Aug 24, 2026 |
| Gant Kelli K. | — | $3.20M | Jun 2, 2026 |
| Chopin Brian M | — | $506.4K | Aug 19, 2026 |
| Williams Stephen D. | — | $500.3K | Aug 19, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 24, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Sale 10b5-1 plan | 50,000 | $5.50M |
| Aug 19, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Sale 10b5-1 plan | 50,000 | $5.25M |
| Aug 19, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Sale | 3,232 | $336.2K |
| Aug 19, 2026 | Williams Stephen D. Director | Sale | 4,800 | $500.3K |
| Jun 2, 2026 | Gant Kelli K. See remarks | Sale 10b5-1 plan | 20,000 | $2.20M |
| Apr 23, 2026 | HARVEY J BRETT Director | Option exercise | 3,041 | $0 |
| Apr 23, 2026 | SCHUMACHER ALAN H Director | Option exercise | 2,534 | $0 |
| Apr 23, 2026 | Schnorr Lisa M. Director | Option exercise | 2,534 | $0 |
| Apr 23, 2026 | Chainey Kimberly Director | Option exercise | 2,534 | $0 |
| Apr 23, 2026 | Williams Stephen D. Director | Option exercise | 2,534 | $0 |
| Feb 10, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Tax withheld | 806 | $72.8K |
| Feb 10, 2026 | Gant Kelli K. See remarks | Option exercise | 1,438 | $0 |
| Feb 10, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Option exercise | 4,776 | $0 |
| Feb 10, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Tax withheld | 2,119 | $191.4K |
| Feb 10, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Tax withheld | 158 | $14.3K |
| Feb 10, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Option exercise | 421 | $0 |
| Feb 10, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Tax withheld | 790 | $71.3K |
| Feb 10, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Option exercise | 1,780 | $0 |
| Feb 10, 2026 | Lussier Charles CHIEF COMMERCIAL OFFICER | Tax withheld | 511 | $46.1K |
| Feb 10, 2026 | Lussier Charles CHIEF COMMERCIAL OFFICER | Option exercise | 1,150 | $0 |
| Feb 10, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Option exercise | 2,157 | $0 |
| Feb 10, 2026 | Gant Kelli K. See remarks | Tax withheld | 638 | $57.6K |
| Feb 9, 2026 | Lussier Charles CHIEF COMMERCIAL OFFICER | Award | 20,614 | $0 |
| Feb 9, 2026 | Gant Kelli K. See remarks | Tax withheld | 11,801 | $1.11M |
| Feb 9, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Award | 117,650 | $0 |
| Feb 9, 2026 | Gant Kelli K. See remarks | Award | 26,606 | $0 |
| Feb 9, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Tax withheld | 14,671 | $1.38M |
| Feb 9, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Tax withheld | 14,720 | $1.38M |
| Feb 9, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Award | 39,408 | $0 |
| Feb 9, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Tax withheld | 2,299 | $216.1K |
| Feb 9, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Award | 33,076 | $0 |
| Feb 9, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Tax withheld | 52,179 | $4.90M |
| Feb 9, 2026 | Lussier Charles CHIEF COMMERCIAL OFFICER | Tax withheld | 9,144 | $859.5K |
| Feb 9, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Award | 6,052 | $0 |
| Feb 8, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Tax withheld | 668 | $59.5K |
| Feb 8, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Option exercise | 1,788 | $0 |
| Feb 8, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Tax withheld | 1,048 | $93.3K |
| Feb 8, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Tax withheld | 151 | $13.4K |
| Feb 8, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Option exercise | 354 | $0 |
| Feb 8, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Tax withheld | 223 | $19.9K |
| Feb 8, 2026 | Chopin Brian M CHIEF ACCOUNTING OFFICER | Option exercise | 522 | $0 |
| Feb 8, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Tax withheld | 1,762 | $156.9K |
| Feb 8, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Option exercise | 3,974 | $0 |
| Feb 8, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Tax withheld | 2,686 | $239.2K |
| Feb 8, 2026 | SCHELLER WALTER J CHIEF EXECUTIVE OFFICER | Option exercise | 5,956 | $0 |
| Feb 8, 2026 | Richardson Jack K. CHIEF OPERATING OFFICER | Option exercise | 2,623 | $0 |
| Feb 8, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Tax withheld | 652 | $58.1K |
| Feb 8, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Option exercise | 2,261 | $0 |
| Feb 8, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Option exercise | 1,471 | $0 |
| Feb 8, 2026 | Boyles Dale W CHIEF FINANCIAL OFFICER | Tax withheld | 1,075 | $95.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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