CVR Energy, Inc. (CVI) Income Statement
CVI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCVI revenue and net income
Where CVI's revenue goes
2025Each bar shows an amount and its share of revenue. CVI kept 0.4% of revenue as net income.
CVI profit margins
CVI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.9% | −13.1% | +12.8% | +2.8% |
| Gross profit | +59.9% | −34.5% | — | −4.4% |
| Operating income | +187.9% | −44.2% | — | −8.8% |
| Net income | +285.7% | −61.2% | — | −16.8% |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CVI quarterly EPS vs estimates
CVR Energy beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.59).
CVI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 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 | $6.85B | $7.41B | $7.98B | $9.77B | $7.03B | $4.13B | $5.67B | $6.47B | $5.73B | $4.60B |
| Gross profit | $315.0M | $197.0M | $1.27B | $1.12B | $209.0M | −$199.0M | $693.0M | $650.0M | $261.0M | $181.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $148.0M | $139.0M | $141.0M | $149.0M | $119.0M | $86.0M | $117.0M | $112.0M | $114.2M | $109.1M |
| Total operating expenses | $148.0M | $139.0M | $143.0M | $160.0M | $122.0M | $134.0M | $113.0M | $118.0M | $116.0M | $111.0M |
| Operating income | $167.0M | $58.0M | $1.12B | $963.0M | $87.0M | −$333.0M | $580.0M | $532.0M | $145.0M | $70.0M |
| Interest income | $108.0M | $77.0M | $52.0M | $86.0M | $36.0M | $89.0M | $102.0M | $102.0M | $1.1M | $700,000 |
| Interest expense | $105.0M | $77.0M | $52.0M | $85.0M | $117.0M | $130.0M | $102.0M | $102.0M | $110.1M | $83.9M |
| Income before taxes | $80.0M | $19.0M | $1.08B | $801.0M | $66.0M | −$415.0M | $491.0M | $445.0M | $38.0M | −$11.0M |
| Income taxes | −$10.0M | −$26.0M | $207.0M | $157.0M | −$8.0M | −$95.0M | $129.0M | $79.0M | −$220.0M | −$20.0M |
| Net income | $27.0M | $7.0M | $769.0M | $463.0M | $25.0M | −$256.0M | $380.0M | $259.0M | $263.0M | $25.0M |
| EBITDA | $588.0M | $394.0M | $1.44B | $1.17B | $462.0M | −$7.0M | $880.0M | $821.0M | $405.0M | $265.0M |
| EPS (diluted) | −$1.21 | −$0.50 | $5.62 | $6.05 | −$2.09 | −$2.28 | $3.78 | $2.69 | $0.88 | $0.51 |
| Gross margin | 4.4% | 2.6% | 13.7% | 10.3% | 2.9% | −5.1% | 10.9% | 9.1% | 4.4% | 3.8% |
| Operating margin | 2.3% | 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% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.74B | $1.98B | $1.81B | $1.94B | $1.76B | $1.65B | $1.95B | $1.83B | $1.97B | $1.86B | $2.20B | $2.52B |
| Cost of revenue | $2.62B | $2.27B | $1.91B | $1.39B | $1.82B | $1.72B | $1.89B | $1.91B | $1.91B | $1.70B | $2.05B | $2.04B |
| Gross profit | $117.0M | −$287.0M | −$100.0M | $558.0M | −$64.0M | −$78.0M | $56.0M | −$73.0M | $55.0M | $160.0M | $156.0M | $484.0M |
| Sales, general & admin | $34.0M | $39.0M | $33.0M | $42.0M | $36.0M | $37.0M | $36.0M | $40.0M | $28.0M | $36.0M | $32.0M | $38.0M |
| Total operating expenses | $39.0M | $39.0M | $33.0M | $42.0M | $36.0M | $37.0M | $35.0M | $40.0M | $28.0M | $37.0M | $33.0M | $39.0M |
| Operating income | $78.0M | −$326.0M | −$133.0M | $516.0M | −$100.0M | −$115.0M | $21.0M | −$113.0M | $27.0M | $123.0M | $123.0M | $445.0M |
| Interest income | — | — | $29.0M | $25.0M | $30.0M | $25.0M | $21.0M | $18.0M | — | — | — | $11.0M |
| Interest expense | $25.0M | $26.0M | $26.0M | $24.0M | $29.0M | $25.0M | $21.0M | $18.0M | $19.0M | $20.0M | $8.0M | $11.0M |
| Income before taxes | $56.0M | −$189.0M | −$123.0M | $489.0M | −$132.0M | −$154.0M | $28.0M | −$128.0M | $12.0M | $107.0M | $119.0M | $438.0M |
| Income taxes | $10.0M | −$29.0M | −$7.0M | $88.0M | −$42.0M | −$49.0M | −$12.0M | −$6.0M | −$26.0M | $17.0M | $22.0M | $84.0M |
| Net income | −$3.0M | −$192.0M | −$110.0M | $374.0M | −$114.0M | −$123.0M | $29.0M | −$124.0M | $21.0M | $82.0M | $91.0M | $353.0M |
| EBITDA | $155.0M | −$84.0M | $48.0M | $625.0M | −$25.0M | −$61.0M | $123.0M | −$35.0M | $104.0M | $203.0M | $204.0M | $529.0M |
| EPS (diluted) | $0.34 | −$1.24 | −$0.80 | $0.40 | −$0.23 | −$0.58 | −$0.13 | −$0.50 | $0.09 | $0.04 | $0.65 | $1.89 |
| Gross margin | 4.3% | −14.5% | −5.5% | 28.7% | −3.6% | −4.7% | 2.9% | −4.0% | 2.8% | 8.6% | 7.1% | 19.2% |
| Operating margin | 2.8% | −16.5% | −7.3% | 26.5% | −5.7% | −7.0% | 1.1% | −6.2% | 1.4% | 6.6% | 5.6% | 17.6% |
| Net margin | −0.1% | −9.7% | −6.1% | 19.2% | −6.5% | −7.5% | 1.5% | −6.8% | 1.1% | 4.4% | 4.1% | 14.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CVI's financial statements (latest annual report filed February 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CVI financial results
In fiscal year 2025 (ended December 31, 2025), CVR Energy reported revenue of $7.2 billion, down 5.9% from the year before. It had net income of $27.0 million (up 285.7%), a net profit margin of 0.4%. Diluted earnings per share came to −$1.21. Over five years revenue grew at an average rate of 12.8% a year.
See the CVI stock overview for the latest quote and news, or the CVI chart for price history and technical indicators.
CVI income statement FAQ
What is CVR Energy's annual revenue?
CVR Energy reported total revenue of $7.2 billion for fiscal year 2025, which ended on December 31, 2025. That was down 5.9% from $7.6 billion the previous year.
Is CVR Energy profitable?
Yes. CVR Energy reported net income of $27.0 million in fiscal 2025, a net profit margin of 0.4%; its operating margin was 2.3%.
What is CVR Energy's gross margin?
CVR Energy's gross margin was 4.4% in fiscal 2025: for every $100 of revenue, CVR Energy kept $4 after the direct cost of its products and services.
How fast is CVR Energy growing?
Revenue grew 12.8% a year on average over the last five fiscal years, from $3.9 billion to $7.2 billion.
What are CVR Energy's earnings per share?
CVR Energy earned $-1.21 per diluted share in fiscal 2025, compared with $-0.50 a year earlier.
When will CVR Energy report its next earnings?
CVR Energy is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does CVR Energy's fiscal year end?
CVR Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 18, 2026.