Core Natural Resources (CNR) Operating Expenses (2016 - 2026)
Core Natural Resources' Operating Expenses came in at $985.26 million for Q2 2026, down 12.2% from $1.12 billion a year earlier and down 6.3% from the prior quarter.
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Analysis
Core Natural Resources (CNR) Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Core Natural Resources reported Operating Expenses of $4.19 billion, up 32.4% year-over-year; for FY2025, it was $4.35 billion, up 139.7% from FY2024.
- Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 33.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $1.81 billion in FY2024 (+6.5%), $1.7 billion in FY2023 (+11.1%), $1.53 billion in FY2022 (+25.3%) and $1.22 billion in FY2021 (+18.7%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q4 2024.
- Year-over-year, Operating Expenses increased in five of the last eight quarters, with growth averaging 73.7%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2025 (growth of 167.8%), and the weakest in Q2 2026 (a decline of 12.2%).
- Business Quant data shows CNR's Operating Expenses at $1.05 billion (Q1 2026), $1.14 billion (Q4 2025) and $1.01 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.84 Bn | 33.63 Bn | 190.14 Mn | 9.50 Mn |
| 2 | NexGen Energy | 5.97 Bn | 3.49 Bn | - | 301,459.84 |
| 3 | Warrior Met Coal | 4.65 Bn | 3.35 Bn | 169.64 Mn | 415.17 Mn |
| 4 | Uranium Energy | 4.61 Bn | 3.03 Bn | 10.03 Mn | 45.84 Mn |
| 5 | Core Natural Resources | 4.31 Bn | 2.55 Bn | 252.03 Mn | 985.26 Mn |
| 6 | Alliance Resource Partners | 3.14 Bn | 2.83 Bn | 202.70 Mn | 455.98 Mn |
| 7 | Peabody Energy | 2.97 Bn | 823.82 Mn | - | 953.90 Mn |
| 8 | Energy Fuels | 2.74 Bn | -196.21 Mn | 14.42 Mn | 55.68 Mn |
| 9 | Centrus Energy | 2.66 Bn | -4.67 Bn | 49.90 Mn | 37.00 Mn |
| 10 | Alpha Metallurgical Resources | 2.11 Bn | 526.83 Mn | 49.19 Mn | 503.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 985.26 Mn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 535.68 Mn |
| Sep 30, 2024 | 436.21 Mn |
| Jun 30, 2024 | 418.87 Mn |
| Mar 31, 2024 | 422.65 Mn |
| Dec 31, 2023 | 382.89 Mn |
| Sep 30, 2023 | 448.11 Mn |
| Jun 30, 2023 | 455.67 Mn |
| Mar 31, 2023 | 416.64 Mn |
| Dec 31, 2022 | 401.79 Mn |
| Sep 30, 2022 | 370.10 Mn |
| Jun 30, 2022 | 395.11 Mn |
| Mar 31, 2022 | 366.50 Mn |
| Dec 31, 2021 | 318.04 Mn |
| Sep 30, 2021 | 303.06 Mn |
API Access
Core Natural Resources Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();