CF Industries

CF Materials Market cap $19.9B as of Sep 14, 2026 16:03 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026

Revenue$2.22B +18% year over year

Gross profit$1.15B 52% margin

Operating profit$1.12B 50% margin

Net profit$0.87B 39% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.22	100%	+18%
Cost of revenue	−1.08	48%
Gross profit	1.15	52% margin	+12pp
SG&A	−0.02	1%
Operating profit	1.12	50% margin	+16pp
Interest & other costs	−0.03
Tax	−0.22
Net profit	0.87	39% margin	+13pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.87	100%	+23%
Ammonia	0.71	38%	+24%
UAN	0.56	30%	+52%
Urea	0.37	20%	+7%
All other	0.15	8%	+12%
Ammonium nitrate	0.08	4%	−20%
Cost of revenue	−1.11	59%
Gross profit	0.77	41% margin	+6pp
SG&A	−0.09	5%	+0pp
Other	−0.06	3%	+0pp
Operating profit	0.62	33% margin	+4pp
Interest & other costs	−0.02
Tax	−0.11
Net profit	0.50	26% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.66	100%	+21%
UAN	0.52	31%	+27%
Ammonia	0.46	28%	+29%
Urea	0.42	26%	+9%
All other	0.14	8%	+20%
Ammonium nitrate	0.12	7%	+15%
Cost of revenue	−1.03	62%
Gross profit	0.63	38% margin	+6pp
SG&A	−0.05	3%	+0pp
Operating profit	0.58	35% margin	+8pp
Interest & other costs	−0.02
Tax	−0.11
Net profit	0.46	28% margin	+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.89	100%	+20%
UAN	0.61	32%	+28%
Urea	0.55	29%	+20%
Ammonia	0.49	26%	+20%
All other	0.13	7%	−6%
Ammonium nitrate	0.12	6%	+19%
Cost of revenue	−1.14	60%
Gross profit	0.76	40% margin	−3pp
SG&A	−0.10	6%	+1pp
Other	−0.01	0%	+0pp
Operating profit	0.65	34% margin	−6pp
Interest & other costs	−0.01
Tax	−0.14
Net profit	0.49	26% margin	−6pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.66	100%	+13%
Ammonia	0.52	31%	+29%
UAN	0.47	28%	+11%
Urea	0.44	27%	+8%
All other	0.13	8%	+9%
Ammonium nitrate	0.10	6%	−11%
Cost of revenue	−1.09	66%
Gross profit	0.57	34% margin	+7pp
SG&A	−0.08	5%	−1pp
Other	−0.03	2%	+0pp
Operating profit	0.46	27% margin	+7pp
Interest & other costs	−0.02
Tax	−0.09
Net profit	0.35	21% margin	+5pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026 Operating margin 50% Net profit $0.87B	Apr 1 – Jun 30, 2026	Aug 6, 2026	$2.22B	+18%	50%	$0.87B	39%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 25, 2026 Operating margin 33% Net profit $0.50B	Oct 1 – Dec 31, 2025	Feb 25, 2026	$1.87B	+23%	33%	$0.50B	26%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Nov 6, 2025 Operating margin 35% Net profit $0.46B	Jul 1 – Sep 30, 2025	Nov 6, 2025	$1.66B	+21%	35%	$0.46B	28%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 7, 2025 Operating margin 34% Net profit $0.49B	Apr 1 – Jun 30, 2025	Aug 7, 2025	$1.89B	+20%	34%	$0.49B	26%
Q1 FY25 Jan 1 – Mar 31, 2025 reported May 8, 2025 Operating margin 27% Net profit $0.35B	Jan 1 – Mar 31, 2025	May 8, 2025	$1.66B	+13%	27%	$0.35B	21%