CNX Resources (CNX) Gross Margin (2009 - 2026)
CNX Resources' (CNX) quarterly Gross Margin came in at 97.97% in Q1 2026, up 9270.0% year-on-year from 1.05% in Q1 2025, and up 100.31% quarter-over-quarter from 48.91% in Q4 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 97.97% for Q1 2026.
- On a quarterly basis, Gross Margin rose 9270.0% year-over-year to 97.97% in Q1 2026; TTM through Mar 2026 was 85.55%, a 553.0% decrease from a year earlier, with the FY2025 full-year figure at 85.82%, down 1351.0% from the prior year.
- Gross Margin improved to 97.97% in Q1 2026 per CNX's latest filing, from 48.91% in the prior quarter.
- Across five years, Gross Margin topped out at 130.72% in Q4 2022 and bottomed at 5.27% in Q1 2025.
- The 5-year median for Gross Margin is 94.56% (2024), against an average of 85.72%.
- Across the five-year window, Gross Margin tumbled 9462 bps in 2025 and jumped 9270 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 130.72% in 2022, then declined by 1 bps to 129.0% in 2023, then retreated by 27 bps to 94.56% in 2024, then plunged by 48 bps to 48.91% in 2025, then surged by 100 bps to 97.97% in 2026.
- Per Business Quant, the three latest CNX Gross Margin figures stand at 97.97% (Q1 2026), 48.91% (Q4 2025), and 99.94% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | CNX Resources | 4.80 Bn | 4.64 Bn | 770.66 Mn | 97.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.97% |
| Dec 31, 2025 | 48.91% |
| Sep 30, 2025 | 99.94% |
| Jun 30, 2025 | 89.93% |
| Mar 31, 2025 | 5.27% |
| Dec 31, 2024 | 94.56% |
| Sep 30, 2024 | 99.92% |
| Jun 30, 2024 | 99.92% |
| Mar 31, 2024 | 99.89% |
| Dec 31, 2023 | 129.00% |
| Sep 30, 2023 | 72.66% |
| Jun 30, 2023 | 89.54% |
| Mar 31, 2023 | 92.31% |
| Dec 31, 2022 | 130.72% |
| Sep 30, 2022 | 17.45% |
| Jun 30, 2022 | 98.88% |
| Mar 31, 2022 | 90.33% |
| Dec 31, 2021 | 58.74% |
| Sep 30, 2021 | 89.71% |
| Jun 30, 2021 | 97.70% |