Logotype for Warrior Met Coal Inc

Warrior Met Coal (HCC) investor relations material

Warrior Met Coal Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Warrior Met Coal Inc
Q2 2025 earnings summary6 Aug, 2025

Executive summary

  • Achieved first commercial sales from Blue Creek mine ahead of schedule, with 239,000–348,000 short tons sold/produced in Q2 2025, accelerating longwall startup to early Q1 2026.

  • Sales and production volumes increased 6% year-over-year, driven by Blue Creek ramp-up.

  • Maintained strong liquidity and positive operating cash flows despite a 24%–30% drop in steelmaking coal prices.

  • Net income for Q2 2025 was $5.6M ($0.11 per share), down sharply from $70.7M ($1.35 per share) in Q2 2024.

  • Disciplined cost control and early Blue Creek sales supported margins amid challenging market conditions.

Financial highlights

  • Q2 2025 revenues were $297.5M–$298M, down from $396.5M–$397M year-over-year.

  • Adjusted EBITDA was $53.6M–$54M (18% margin), down from $115.9M–$116M (29% margin) year-over-year.

  • Free cash flow for Q2 2025 was negative $56.7M–$57M, mainly due to Blue Creek investment.

  • Cash cost of sales per short ton improved 18% year-over-year to $101–$101.17.

  • Liquidity at quarter-end was $545M, including $383M in cash and equivalents.

Outlook and guidance

  • Full-year 2025 sales guidance: 8.8–9.5M short tons; production: 8.3–9.1M short tons.

  • Cash cost of sales expected at $110–$120 per ton, trending near the low end year-to-date.

  • Blue Creek longwall startup accelerated to early Q1 2026; 2026 production could approach 3.6M–4M tons.

  • Blue Creek nameplate capacity increased 25% to 5.4M metric tons, with potential to reach 6.0M.

  • Key risks: trade/tariff policies, HCC index pricing, longwall moves, labor contracts, and inflation.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Warrior Met Coal earnings date

Logotype for Warrior Met Coal Inc
Q3 20255 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Warrior Met Coal earnings date

Logotype for Warrior Met Coal Inc
Q3 20255 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Warrior Met Coal, Inc. is a producer of metallurgical coal for the steel industry. Warrior produces thermal and non-thermal metallurgical coal for steel production and sales throughout the world. It also provides related services, such as mining, product transport, logistics, and sales & marketing support through its network of subsidiaries, agents and customers. Warrior is engaged in the development of TM3C's Cenaxa Mine, a preparation plant in Mozambique and related infrastructure on behalf of TM3C Mining SA; construction and operation of transmission lines connecting the Richards Bay Minerals Development Area to Eskom power stations; and construction of a mine ventilation shaft 10 kilometers northwest of Syferfontein Mine under contract with Exxaro Resources Limited.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage