CNX Resources (CNX) Gross Margin (2009 - 2026)
CNX Resources' Gross Margin was 82.87% in Q2 2026, down 6.88 percentage points from 89.74% a year earlier and down 3.59 percentage points from the prior quarter.
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Analysis
CNX Resources (CNX) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, CNX Resources' Gross Margin was 84.22% through Jun 30, 2026, up 8.73 percentage points year-over-year; for FY2025, it came in at 82.42%, up 13.26 percentage points from FY2024.
- Gross Margin shows a five-year change of +6.32 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 69.16% in FY2024 (-19.42 pp), 88.58% in FY2023 (+18.54 pp), 70.03% in FY2022 (+18.16 pp) and 51.87% in FY2021 (-24.23 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q1 2025.
- Compared with a year earlier, Gross Margin was higher in five of the last eight quarters, with an average year-over-year change of +3.69 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2026 (a gain of 104.48 percentage points); the worst was Q1 2025 (a drop of 92.29 percentage points).
- Per Business Quant data, CNX's Gross Margin in the three quarters before Q2 2026 was 86.45% (Q1 2026), 83.79% (Q4 2025) and 83.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.83% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 47.75% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | CNX Resources | 4.72 Bn | 4.71 Bn | 512.51 Mn | 82.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.87% |
| Mar 31, 2026 | 86.45% |
| Dec 31, 2025 | 83.79% |
| Sep 30, 2025 | 83.09% |
| Jun 30, 2025 | 89.74% |
| Mar 31, 2025 | -18.03% |
| Dec 31, 2024 | 27.20% |
| Sep 30, 2024 | 76.85% |
| Jun 30, 2024 | 70.73% |
| Mar 31, 2024 | 74.27% |
| Dec 31, 2023 | 89.45% |
| Sep 30, 2023 | 72.21% |
| Jun 30, 2023 | 89.33% |
| Mar 31, 2023 | 91.91% |
| Dec 31, 2022 | 88.98% |
| Sep 30, 2022 | 16.87% |
| Jun 30, 2022 | 77.86% |
| Mar 31, 2022 | 90.15% |
| Dec 31, 2021 | 53.10% |
| Sep 30, 2021 | 89.36% |
API Access
CNX Resources Gross Margin 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=gross-margin&ticker=CNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();