Short answer
Ramaco Resources, Inc. (METC) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $122M (down 9.7% year over year) with net income of −$18M.
Q1 2026 key financials · XBRL
- Revenue
- $122M
- −9.7% YoY
- Net income
- −$18M
- −93.7% YoY
- Operating margin
- -20.0%
Source: XBRL data from the Ramaco Resources, Inc. (METC) Q1 2026 10-Q on SEC EDGAR. USD.
Ramaco Resources, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Coal sales revenue $121.6M, down approximately 10% YoY, driven by pricing and 6% fewer tons sold
- Cost of coal sales $108.5M, down approximately 5% YoY
- Effective tax rate benefit 19.0% vs 31.2% YoY, excluding discrete items
- SG&A $20.3M vs $14.6M YoY, including $2.4M higher professional services and mine expenses
- Interest expense $0.3M vs $2.2M YoY, with $3.1M higher interest income from U.S. Treasury securities
Risk Factors
- Transportation risk increased from diesel volatility, with higher delivery costs potentially reducing coal competitiveness
- Geopolitical exposure expanded through the wars in Ukraine and Iran, increasing energy costs and weakening steel prices
- Regulatory risk from potential carbon-emissions limits, trading mechanisms, export restrictions, and trade remedies
- Economic risk from inflation, rising interest rates, supply-chain disruption, and recession reducing customer demand
- Liquidity risk from Revolving Credit Facility covenants restricting dividends and indirectly constraining working capital
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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