CVR Energy Inc. (CVI) reported $9.81B of revenue for the twelve months ended Sep 30, 2026. That is up 34.4% from the year before. Revenue for fiscal 2025 was $7.16B.

Yes. CVR Energy Inc. earned $346.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 3.5%.

How much cash and debt does CVI have?

CVR Energy Inc. reported $1.28B in cash and cash equivalents and $1.77B of debt on its most recent balance sheet in SEC filings.

How fast is CVI revenue growing?

CVR Energy Inc.'s revenue changed -5.9% in fiscal 2025, to $7.16B. Its compound annual growth rate was +12.8% over 5 years.

What is CVI gross margin?

CVR Energy Inc.'s gross profit was $740.00M on $9.81B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 7.5%.

What is CVI free cash flow?

CVR Energy Inc. generated $819.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.03B less capital expenditures.

What is CVI earnings per share?

Diluted earnings per share were $2.64 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did CVI last report financial results?

The latest statements here come from CVR Energy Inc.'s 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.

Where does this CVI financial data come from?

Quantisnow builds these statements from the structured XBRL data CVR Energy Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · CVI

CVR Energy Inc. (CVI) financials

For the twelve months ended Sep 30, 2026, CVR Energy Inc. reported $9.81B of revenue and $346.00M of net income.

Revenue, TTM: $9.81B
Revenue growth, YoY: +34.4%
Net income, TTM: $346.00M
Net income growth, YoY: +66.3%
Net margin: 3.5%
Free cash flow, TTM: $819.00M
EPS, diluted, TTM: $2.64
EPS growth, YoY: +61.0%
Cash: $1.28B
Total debt: $1.77B
P/E: 11.58
P/S: 0.41
Market cap: $4.01B

Annual revenue$7.16B

FY2016FY2025

Annual net income$27.00M

FY2016FY2025

Annual free cash flow-$41.00M

FY2016FY2025

CVI revenue and earnings growth

CVI revenueQ3 2026$3.28B

Quarter YoY: +68.8%
QoQ: +19.8%
FY YoY: -5.9%
5Y CAGR: +12.8%

CVI revenue was $3.28B in fiscal Q3 2026 (ended Sep 30, 2026), up 68.8% from a year earlier and up 19.8% from the prior quarter. For the full fiscal 2025 it was $7.16B, down 5.9% from fiscal 2024. Compound annual growth was +12.8% over 5 years. It rose in 4 of the last 9 fiscal years.

CVI net incomeQ3 2026$570.00M

Quarter YoY: +52.4%
QoQ: 12x
FY YoY: +285.7%
10Y CAGR: -16.8%

CVI net income was $570.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 52.4% from a year earlier and up about 12-fold from the prior quarter. For the full fiscal 2025 it was $27.00M, up 285.7% from fiscal 2024. Compound annual growth was -16.8% over 10 years. It rose in 3 of the last 4 fiscal years.

CVI EPSQ3 2026$5.67

Quarter YoY: +52.4%
FY YoY: +350.0%
10Y CAGR: -17.9%

CVI diluted EPS was $5.67 in fiscal Q3 2026 (ended Sep 30, 2026), up 52.4% from a year earlier. For the full fiscal 2025 it was $0.27, up 350.0% from fiscal 2024. Compound annual growth was -17.9% over 10 years.

CVI free cash flowQ3 2026$593.00M

Quarter YoY: +374.4%
QoQ: +124.6%

CVI free cash flow was $593.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 374.4% from a year earlier and up 124.6% from the prior quarter. For the full fiscal 2025 it was -$41.00M, compared with $225.00M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$7.16B	$7.61B	$9.25B	$10.90B	$7.24B	$3.93B	$6.36B	$7.12B	$5.99B	$4.78B
Cost of revenue	$6.82B	$7.41B	$7.97B	$9.77B	$7.02B	$4.12B	$5.66B	$6.46B	$5.72B	$4.59B
Gross profit	$346.00M	$205.00M	$1.27B	$1.13B	$218.00M	-$189.00M	$702.00M	$661.00M	$272.00M	$190.00M
Selling, general and admin	$148.00M	$139.00M	$141.00M	$149.00M	$119.00M	$86.00M	$117.00M	$112.00M	$113.00M	$110.00M
Operating income	$182.00M	$58.00M	$1.12B	$963.00M	$87.00M	-$333.00M	$580.00M	$532.00M	$145.00M	$70.00M
Interest expense	$139.00M	$115.00M	$90.00M	$93.00M	-	-	-	-	$110.10M	$83.90M
Pre-tax income	$80.00M	$19.00M	$1.08B	$801.00M	$66.00M	-$415.00M	$491.00M	$445.00M	$38.00M	-$11.00M
Income tax	-$10.00M	-$26.00M	$207.00M	$157.00M	-$8.00M	-$95.00M	$129.00M	$79.00M	-$220.00M	-$20.00M
Net income	$27.00M	$7.00M	$769.00M	$463.00M	$25.00M	-$256.00M	$380.00M	$259.00M	$263.00M	$25.00M
EPS, basic	$0.27	$0.06	$7.65	$4.60	$0.25	-$2.54	$3.78	$2.80	$3.03	$0.28
EPS, diluted	$0.27	$0.06	$7.65	$4.60	$0.25	-$2.54	$3.78	$2.80	$3.03	$0.28
Diluted shares	100.5M	100.5M	100.5M	100.5M	100.5M	100.5M	100.5M	0	0	0

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$511.00M	$987.00M	$581.00M	$510.00M	$517.00M	$674.00M	$652.00M	$668.00M	$482.00M	$736.00M
Receivables	$235.00M	$295.00M	$286.00M	$358.00M	$299.00M	$178.00M	$182.00M	$169.00M	$179.00M	$151.90M
Inventory	$472.00M	$502.00M	$604.00M	$624.00M	$484.00M	$298.00M	$373.00M	$380.00M	$369.00M	$349.20M
Current assets	$1.27B	$1.82B	$2.18B	$1.59B	$1.37B	$1.40B	$1.27B	$1.29B	$1.08B	$1.32B
Goodwill	-	-	-	$0	$0	$0	-	-	$41.00M	$41.00M
Total assets	$3.71B	$4.26B	$4.71B	$4.12B	$3.91B	$3.98B	$3.90B	$4.00B	$3.81B	$4.05B
Current liabilities	$706.00M	$1.10B	$1.68B	$1.44B	$1.16B	$659.00M	$596.00M	$496.00M	$544.00M	$565.90M
Short-term debt	-	-	-	-	-	-	-	-	-	$0
Long-term debt	$1.75B	$1.91B	$1.58B	$1.58B	$1.65B	$1.68B	$1.19B	$1.17B	$1.16B	$1.16B
Total debt	$1.75B	$1.91B	$1.58B	$1.58B	$1.65B	$1.68B	$1.19B	$1.17B	$1.16B	$1.16B
Total liabilities	$2.81B	$3.38B	$3.67B	$3.33B	$3.14B	$2.76B	$2.24B	$2.06B	$1.98B	$2.26B
Shareholders' equity	$730.00M	$888.00M	$1.04B	$791.00M	$770.00M	$1.22B	$1.67B	$1.94B	$1.82B	$1.79B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$144.00M	$404.00M	$948.00M	$967.00M	$396.00M	$90.00M	$747.00M	$628.00M	$248.00M	$267.00M
Capital expenditures	$185.00M	$179.00M	$205.00M	$191.00M	$224.00M	$124.00M	$121.00M	$102.00M	$120.00M	$133.00M
Free cash flow	-$41.00M	$225.00M	$743.00M	$776.00M	$172.00M	-$34.00M	$626.00M	$526.00M	$128.00M	$134.00M
Investing cash flow	-$362.00M	-$121.00M	-$239.00M	-$271.00M	-$238.00M	-$423.00M	-$121.00M	-$108.00M	-$276.00M	-$201.00M
Financing cash flow	-$258.00M	-$482.00M	-$40.00M	-$696.00M	-$315.00M	$355.00M	-$642.00M	-$334.00M	-$226.00M	-$95.00M
Dividends paid	$0	$151.00M	$453.00M	$483.00M	$241.00M	$121.00M	$306.00M	$238.00M	$174.00M	$174.00M
Share repurchases	-	$0	$0	$12.00M	$1.00M	$7.00M	$0	$0	-	-
Stock-based compensation	$42.00M	$15.00M	$34.00M	$71.00M	$46.00M	$4.00M	$17.00M	$16.00M	$19.00M	$9.00M
Depreciation and amortization	$403.00M	$298.00M	$298.00M	$288.00M	$279.00M	$278.00M	$287.00M	$274.00M	$258.00M	$193.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-5.9%	-17.7%	-15.1%	50.5%	84.3%	-38.2%	-10.7%	19.0%	25.2%	-
Net income growth, YoY	285.7%	-99.1%	66.1%	1752.0%	-	-	46.7%	-1.5%	952.0%	-85.3%
EPS growth, YoY	350.0%	-99.2%	66.3%	1740.0%	-	-	35.0%	-7.6%	982.1%	-85.6%
Gross margin	4.8%	2.7%	13.8%	10.4%	3.0%	-4.8%	11.0%	9.3%	4.5%	4.0%
Operating margin	2.5%	0.8%	12.1%	8.8%	1.2%	-8.5%	9.1%	7.5%	2.4%	1.5%
Net margin	0.4%	0.1%	8.3%	4.2%	0.3%	-6.5%	6.0%	3.6%	4.4%	0.5%
Free cash flow margin	-0.6%	3.0%	8.0%	7.1%	2.4%	-0.9%	9.8%	7.4%	2.1%	2.8%
Return on equity	3.7%	0.8%	74.1%	58.5%	3.2%	-21.0%	22.8%	13.3%	14.4%	1.4%
Return on assets	0.7%	0.2%	16.3%	11.2%	0.6%	-6.4%	9.7%	6.5%	6.9%	0.6%
Current ratio	1.79	1.66	1.30	1.11	1.18	2.13	2.14	2.61	1.98	2.32
Debt to equity	2.40	2.15	1.52	2.00	2.15	1.38	0.71	0.60	0.64	0.65

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$3.28B	$2.74B	$1.98B	$1.81B	$1.94B	$1.76B	$1.65B	$1.95B	$1.83B	$1.97B	$1.86B	$2.20B
Cost of revenue	$2.50B	$2.62B	$2.08B	$1.87B	$1.38B	$1.83B	$1.74B	$1.89B	$1.90B	$1.91B	$1.70B	$2.04B
Gross profit	$783.00M	$117.00M	-$103.00M	-$57.00M	$560.00M	-$66.00M	-$91.00M	$58.00M	-$71.00M	$57.00M	$161.00M	$159.00M
Selling, general and admin	$56.00M	$34.00M	$39.00M	$33.00M	$42.00M	$36.00M	$37.00M	$36.00M	$40.00M	$28.00M	$36.00M	$32.00M
Operating income	$724.00M	$78.00M	-$145.00M	-$95.00M	$512.00M	-$103.00M	-$131.00M	$21.00M	-$113.00M	$27.00M	$123.00M	$123.00M
Interest expense	-	-	$63.00M	$36.00M	$32.00M	$37.00M	$35.00M	$29.00M	$27.00M	$27.00M	$33.00M	-
Pre-tax income	$704.00M	$56.00M	-$189.00M	-$123.00M	$489.00M	-$132.00M	-$154.00M	$28.00M	-$128.00M	$12.00M	$107.00M	$119.00M
Income tax	$141.00M	$10.00M	-$29.00M	-$7.00M	$88.00M	-$42.00M	-$49.00M	-$12.00M	-$6.00M	-$26.00M	$17.00M	$22.00M
Net income	$570.00M	$46.00M	-$160.00M	-$110.00M	$374.00M	-$90.00M	-$105.00M	$29.00M	-$124.00M	$38.00M	$90.00M	$91.00M
EPS, basic	$5.67	-$0.03	-$1.91	-$1.09	$3.72	-$1.14	-$1.22	$0.28	-$1.24	$0.21	$0.81	$0.91
EPS, diluted	$5.67	-$0.03	-$1.91	-$1.09	$3.72	-$1.14	-$1.22	$0.28	-$1.24	$0.21	$0.81	$0.91
Diluted shares	100.5M	100.5M	100.5M	-	100.5M	100.5M	100.5M	-	100.5M	100.5M	100.5M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$1.28B	$737.00M	$512.00M	$511.00M	$670.00M	$596.00M	$695.00M	$987.00M	$534.00M	$586.00M	$644.00M	$581.00M
Receivables	$464.00M	$327.00M	$329.00M	$235.00M	$253.00M	$245.00M	$320.00M	$295.00M	$281.00M	$298.00M	$253.00M	$286.00M
Inventory	$655.00M	$603.00M	$553.00M	$472.00M	$509.00M	$503.00M	$585.00M	$502.00M	$498.00M	$543.00M	$601.00M	$604.00M
Current assets	$2.43B	$1.72B	$1.46B	$1.27B	$1.48B	$1.39B	$1.65B	$1.82B	$1.41B	$1.49B	$1.55B	$2.18B
Total assets	$4.78B	$4.08B	$3.86B	$3.71B	$3.99B	$3.98B	$4.25B	$4.26B	$3.88B	$4.00B	$4.09B	$4.71B
Current liabilities	$1.41B	$1.21B	$1.01B	$706.00M	$755.00M	$1.19B	$1.25B	$1.10B	$1.05B	$1.02B	$1.04B	$1.68B
Long-term debt	$1.77B	$1.77B	$1.77B	$1.75B	$1.83B	$1.85B	$1.91B	$1.91B	$1.57B	$1.58B	$1.58B	$1.58B
Total debt	$1.77B	$1.77B	$1.77B	$1.75B	$1.83B	$1.85B	$1.91B	$1.91B	$1.57B	$1.58B	$1.58B	$1.58B
Total liabilities	$3.52B	$3.33B	$3.13B	$2.81B	$2.95B	$3.32B	$3.48B	$3.38B	$3.02B	$2.96B	$3.03B	$3.67B
Shareholders' equity	$1.08B	$744.00M	$735.00M	$730.00M	$1.04B	$666.00M	$771.00M	$888.00M	$856.00M	$1.04B	$1.07B	$1.04B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$655.00M	$307.00M	$64.00M	$0	$163.00M	$176.00M	-$195.00M	$98.00M	$48.00M	$81.00M	$177.00M	-$36.00M
Capital expenditures	$62.00M	$43.00M	$47.00M	$55.00M	$38.00M	$41.00M	$51.00M	$55.00M	$34.00M	$43.00M	$47.00M	$55.00M
Free cash flow	$593.00M	$264.00M	$17.00M	-$55.00M	$125.00M	$135.00M	-$246.00M	$43.00M	$14.00M	$38.00M	$130.00M	-$91.00M
Investing cash flow	-$61.00M	-$43.00M	-$43.00M	-$53.00M	-$42.00M	-$185.00M	-$82.00M	$43.00M	-$35.00M	-$74.00M	-$55.00M	-$58.00M
Financing cash flow	-$53.00M	-$39.00M	-$20.00M	-$106.00M	-$47.00M	-$90.00M	-$15.00M	$312.00M	-$65.00M	-$65.00M	-$664.00M	$384.00M
Dividends paid	$10.00M	$10.00M	$0	$0	$0	$0	$0	$0	$50.00M	$51.00M	$50.00M	$202.00M
Share repurchases	-	-	-	-	-	-	-	-	-	-	-	$0
Stock-based compensation	$27.00M	-$1.00M	$12.00M	$5.00M	$19.00M	$12.00M	$6.00M	$2.00M	$3.00M	$0	$10.00M	$4.00M
Depreciation and amortization	$2.00M	$3.00M	$79.00M	$145.00M	$2.00M	$2.00M	$68.00M	$74.00M	$75.00M	$72.00M	$76.00M	$77.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	68.8%	55.5%	20.3%	-7.0%	6.1%	-10.5%	-11.6%	-11.6%	-27.3%	-12.0%	-18.5%	-17.8%
Net income growth, YoY	52.4%	-	-	-	-	-	-	-68.1%	-	-77.4%	-65.3%	-18.8%
EPS growth, YoY	52.4%	-	-	-	-	-	-	-69.2%	-	-83.7%	-58.2%	-18.0%
Gross margin	23.9%	4.3%	-5.2%	-3.1%	28.8%	-3.7%	-5.5%	3.0%	-3.9%	2.9%	8.6%	7.2%
Operating margin	22.1%	2.8%	-7.3%	-5.2%	26.3%	-5.8%	-8.0%	1.1%	-6.2%	1.4%	6.6%	5.6%
Net margin	17.4%	1.7%	-8.1%	-6.1%	19.2%	-5.1%	-6.4%	1.5%	-6.8%	1.9%	4.8%	4.1%
Free cash flow margin	18.1%	9.6%	0.9%	-3.0%	6.4%	7.7%	-14.9%	2.2%	0.8%	1.9%	7.0%	-4.1%
Current ratio	1.73	1.42	1.44	1.79	1.96	1.17	1.31	1.66	1.33	1.46	1.49	1.30
Debt to equity	1.63	2.38	2.41	2.40	1.76	2.78	2.47	2.15	1.84	1.51	1.48	1.52

Source: XBRL data CVR Energy Inc. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CVI peers

Company	Revenue	Growth	Net income	Net margin	Market cap
CVI	$9.81B	+34.4%	$346.00M	3.5%	$4.01B
XOMExxonMobil Holdings Corporation	$396.63B	+19.0%	$40.62B	10.2%	$674.30B
CVXChevron Corporation	$233.33B	+20.0%	$26.98B	11.6%	$420.70B
COPConocoPhillips	$67.75B	+13.3%	$11.56B	17.1%	$162.73B
BPBP p.l.c.	$192.55B	-1.1%	$55.00M	0.0%	$117.02B
EQNREquinor ASA	$106.46B	+2.6%	$5.04B	4.7%	$106.36B
MPCMarathon Petroleum Corporation	$174.80B	+31.2%	$14.63B	8.4%	$102.74B
VLOValero Energy Corporation	$153.33B	+24.6%	$12.95B	8.4%	$97.95B
PSXPhillips 66	$168.19B	+27.5%	$12.58B	7.5%	$96.36B

CVI FAQ

9 questions

What is CVI revenue?
CVR Energy Inc. (CVI) reported $9.81B of revenue for the twelve months ended Sep 30, 2026. That is up 34.4% from the year before. Revenue for fiscal 2025 was $7.16B.
Is CVI profitable?
Yes. CVR Energy Inc. earned $346.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 3.5%.
How much cash and debt does CVI have?
CVR Energy Inc. reported $1.28B in cash and cash equivalents and $1.77B of debt on its most recent balance sheet in SEC filings.
How fast is CVI revenue growing?
CVR Energy Inc.'s revenue changed -5.9% in fiscal 2025, to $7.16B. Its compound annual growth rate was +12.8% over 5 years.
What is CVI gross margin?
CVR Energy Inc.'s gross profit was $740.00M on $9.81B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 7.5%.
What is CVI free cash flow?
CVR Energy Inc. generated $819.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.03B less capital expenditures.
What is CVI earnings per share?
Diluted earnings per share were $2.64 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did CVI last report financial results?
The latest statements here come from CVR Energy Inc.'s 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
Where does this CVI financial data come from?
Quantisnow builds these statements from the structured XBRL data CVR Energy Inc. files with the SEC. It is provided for information only and is not investment advice.