0001376139-26-000014
SEC filingCVR Energy, Inc. reported net sales of $7.16 billion for fiscal year 2025, generating operating income of $182 million and net income attributable to CVR Energy stockholders of $27 million. The company's cost of sales was $6.82 billion, resulting in a gross profit of $340 million. Cash flow from operations was $144 million, though net cash decreased by $476 million due to significant investing activities of $362 million (including capital expenditures of $185 million and turnaround expenditures of $197 million) and financing activities of $258 million (including principal payments on Term Loan of $168 million and distributions to noncontrolling interest holders of $80 million). The balance sheet shows total assets of $3.71 billion, with long-term debt of $1.75 billion and total equity of $898 million. The company maintained a liquidity position with cash and cash equivalents of $511 million at year-end.
CVR Energy, Inc. reported fiscal year 2025 results with net sales of $7.16 billion, operating income of $182 million, and net income attributable to CVR Energy stockholders of $27 million. The company's cost structure included cost of materials and other of $5.72 billion, direct operating expenses of $700 million, and depreciation and amortization of $394 million, totaling cost of sales of $6.82 billion. Selling, general and administrative expenses were $148 million plus $9 million depreciation. Interest expense net was $108 million, partially offset by other income net of $6 million. Income tax benefit was $10 million. Basic and diluted earnings per share were $0. Weighted-average common shares outstanding were 100.5 million basic and diluted.
No segment breakdown or geographic mix data is provided in the source material. The company reported net sales of $7.16 billion for the fiscal year. No information about revenue growth drivers, product mix, or customer concentration is disclosed in the provided data.
The company achieved gross profit of $340 million (net sales of $7.16 billion minus cost of sales of $6.82 billion), representing a gross margin of 4.7%. Operating income of $182 million resulted in an operating margin of 2.5%. The cost structure shows significant depreciation and amortization expenses totaling $403 million across operations. Other operating expenses net showed a benefit of $7 million. The company reported net income of $90 million, with $63 million attributable to noncontrolling interest and $27 million attributable to CVR Energy stockholders.
Operating activities generated $144 million in cash, starting from net income of $90 million and adding back depreciation and amortization of $403 million along with other adjustments. Working capital changes reduced cash flow, particularly from accounts payable decreasing $143 million and other current liabilities decreasing $289 million. Investing activities used $362 million, primarily for capital expenditures of $185 million and turnaround expenditures of $197 million. Financing activities used $258 million, including principal payments on Term Loan of $168 million and distributions to noncontrolling interest holders of $80 million. The balance sheet shows total assets of $3.71 billion, including current assets of $1.27 billion (cash $511 million, accounts receivable $235 million, inventories $472 million) and property, plant and equipment net of $2.05 billion. Liabilities include current liabilities of $706 million and long-term debt of $1.75 billion. Equity totals $898 million, with CVR stockholders' equity of $730 million and noncontrolling interest of $168 million.
No management guidance, strategic priorities, or specific risk factors are disclosed in the provided source material. The filing does not contain forward-looking statements or outlook information within the extracted data.