CNX Resources (CNX) Gross Margin (2009 - 2026)
CNX Resources (CNX) recorded quarterly Gross Margin of 98.88% in Q1 2026, little changed quarter-over-quarter from 98.93% in Q4 2025, and up 771.0% on a YoY basis from 11.35% in Q1 2025.
CNX Resources (CNX) Gross Margin (2009 - 2026) Analysis & Trends
CNX Resources' Gross Margin history runs 18 years deep, the most recent figure standing at 98.88% for Q1 2026.
- In Q1 2026, Gross Margin rose 771.0% year-over-year to 98.88%; the TTM figure through Mar 2026 stood at 98.89% (up 171.0% YoY), while the FY2025 annual figure was 98.61%, up 78.0% from the prior year.
- Gross Margin was 98.88% for Q1 2026 at CNX Resources, roughly flat from 98.93% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.51% in Q4 2023 to a low of 88.48% in Q3 2022.
- Historically, Gross Margin has averaged 97.39% across 5 years, with a median of 98.68% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 1043 bps in 2022, then surged 920 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 98.69% in 2022, then rose by 1 bps to 99.51% in 2023, then decreased by 4 bps to 95.13% in 2024, then rose by 4 bps to 98.93% in 2025, then declined by 0 bps to 98.88% in 2026.
- The last three Gross Margin figures came in at 98.88% (Q1 2026), 98.93% (Q4 2025), and 98.68% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | CNX Resources | 4.70 Bn | 4.53 Bn | 777.87 Mn | 98.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.88% |
| Dec 31, 2025 | 98.93% |
| Sep 30, 2025 | 98.68% |
| Jun 30, 2025 | 99.00% |
| Mar 31, 2025 | 91.17% |
| Dec 31, 2024 | 95.13% |
| Sep 30, 2024 | 98.43% |
| Jun 30, 2024 | 97.93% |
| Mar 31, 2024 | 98.02% |
| Dec 31, 2023 | 99.51% |
| Sep 30, 2023 | 97.68% |
| Jun 30, 2023 | 99.35% |
| Mar 31, 2023 | 99.24% |
| Dec 31, 2022 | 98.69% |
| Sep 30, 2022 | 88.48% |
| Jun 30, 2022 | 97.63% |
| Mar 31, 2022 | 98.91% |
| Dec 31, 2021 | 95.02% |
| Sep 30, 2021 | 98.91% |
| Jun 30, 2021 | 94.15% |