CNX Resources (CNX) Gross Margin (2009 - 2026)
CNX Resources (CNX) posted Gross Margin of 83.31% for Q2 2026, down 4.22% on a QoQ basis from 86.98% in Q1 2026, and down 662.0% year-over-year from 14.82% in Q2 2025.
Analysis
CNX Resources (CNX) Gross Margin (2009 - 2026) Analysis & Trends
CNX Resources has reported Gross Margin for 18 years, with the latest figure at 83.31% in Q2 2026.
- On a quarterly basis, Gross Margin fell 662.0% year-over-year to 83.31% in Q2 2026; TTM through Jun 2026 was 84.74%, a 878.0% increase from a year earlier, with the FY2025 full-year figure at 82.89%, up 1306.0% from the prior year.
- Gross Margin was 83.31% for Q2 2026 at CNX Resources, down from 86.98% in the prior quarter.
- The five-year high for Gross Margin was 92.31% in Q1 2023, with the low at 15.5% in Q1 2025.
- Average Gross Margin over 5 years is 71.39%, with a median of 83.34% recorded in 2026.
- The sharpest annual moves came in 2025 and 2026: Gross Margin tumbled 9037 bps in 2025, then soared 10248 bps in 2026.
- Over 5 years, Gross Margin stood at 89.12% in 2022, then gained by 1 bps to 89.66% in 2023, then slumped by 68 bps to 28.55% in 2024, then soared by 196 bps to 84.61% in 2025, then retreated by 2 bps to 83.31% in 2026.
- The last three Gross Margin figures came in at 83.31% (Q2 2026), 86.98% (Q1 2026), and 84.61% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 82.99% |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | - |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 81.22% |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 78.58% |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | - |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 93.93% |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 94.91% |
| 10 | CNX Resources | 5.59 Bn | 5.36 Bn | 515.26 Mn | 83.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.31% |
| Mar 31, 2026 | 86.98% |
| Dec 31, 2025 | 84.61% |
| Sep 30, 2025 | 83.38% |
| Jun 30, 2025 | 89.93% |
| Mar 31, 2025 | -15.50% |
| Dec 31, 2024 | 28.55% |
| Sep 30, 2024 | 77.31% |
| Jun 30, 2024 | 71.47% |
| Mar 31, 2024 | 74.87% |
| Dec 31, 2023 | 89.66% |
| Sep 30, 2023 | 72.66% |
| Jun 30, 2023 | 89.54% |
| Mar 31, 2023 | 92.31% |
| Dec 31, 2022 | 89.12% |
| Sep 30, 2022 | 17.45% |
| Jun 30, 2022 | 78.98% |
| Mar 31, 2022 | 90.33% |
| Dec 31, 2021 | 58.74% |
| Sep 30, 2021 | 89.71% |