Core Natural Resources, Inc. revenue by segment CNR

Annual Quarterly

Core Natural Resources, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was High CV Thermal at $2.2 billion, 53% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Power Generation at $1.9 billion, 45% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Revenue	4,413	4,165	2,164	2,507	2,280	1,261	879	1,376	1,473	1,412
Operating segments
High CV Thermal	2,291 +4.2% share 51.9%	2,209 +10.2% share 53.0%	2,005 -15.1% share 92.6%	2,360 share 94.1%	—	—	—	—	—	—
Metallurgical	1,369 +48.2% share 31.0%	1,202 +963.1% share 28.9%	113 +14.3% share 5.2%	99 share 3.9%	—	—	—	—	—	—
PRB	702 share 15.9%	719 share 17.3%	—	—	—	—	—	—	—	—
Core Marine Terminal	34 +45.1% share 0.8%	21 -30.9% share 0.5%	31 -35.1% share 1.4%	48 share 1.9%	—	—	—	—	—	—
Sales mix
Power Generation	1,774 +11.0% share 40.2%	1,860 +105.3% share 44.7%	906 -15.5% share 41.9%	1,072 -17.7% share 42.8%	1,302 +88.7% share 57.1%	690 share 54.7%	—	—	—	—
Metallurgical	1,437 +19.2% share 32.6%	1,329 +189.6% share 31.9%	459 +18.7% share 21.2%	387 +26.7% share 15.4%	305 +225.9% share 13.4%	94 share 7.4%	—	—	—	—
Industrial	1,151 +34.8% share 26.1%	940 +24.9% share 22.6%	753 -24.7% share 34.8%	1,000 +143.2% share 39.9%	411 +33.3% share 18.0%	308 share 24.5%	—	—	—	—
Terminal Revenue	34 +45.1% share 0.8%	21 -30.9% share 0.5%	31 -35.1% share 1.4%	48 -39.3% share 1.9%	79 +21.0% share 3.5%	65 -2.4% share 5.2%	67 -0.8% share 7.6%	67 +3.8% share 4.9%	65 +8.1% share 4.4%	60 share 4.3%
Other Revenue	17 +18.0% share 0.4%	14 -12.0% share 0.3%	16 share 0.7%	—	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Silver Ores (SIC 1220)
Listed as: CNR (NYSE)
Fiscal year ends: December 31
Incorporated in: DC
Headquarters: Canonsburg, PA
SEC filer status: Large accelerated filer
SEC CIK: 1710366
Former names: CONSOL Energy Inc. (until Jan 10, 2025); CONSOL Mining Corp (until Nov 22, 2017)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.