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CNX Resources Corp (CNX) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS E&P · DATA UPDATED 2026-08-20

CNX Resources Corp (CNX) operates in the OIL & GAS E&P industry and is headquartered in Canonsburg, United States with about 390 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, CNX reported $2.1B in revenue and $633M in net income.

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM).

Interactive charts & full statements → Open the CNX valuation workbench →

CNX Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$2.4B	$2.1B	$1.4B	$1.5B	$3.9B	$2.4B	$1.1B	$1.5B	$1.8B	$1.2B	$901M	$806M	$3.0B	$3.1B	$3.3B	$4.2B	$5.1B	$4.6B	$4.5B	$3.6B	$3.7B
Gross Profit	$1.2B	$1.0B	$414M	$530M	$2.8B	$1.4B	$132M	$524M	$772M	$283M	($64M)	($72M)	$2.0B	$2.0B	$2.3B	$1.3B	$1.1B	$1.7B	$1.3B	$979M	$1.2B
Gross Margin %	49.9%	47.2%	28.7%	35.2%	71.3%	56.8%	12.2%	33.9%	43.8%	22.6%	-7.0%	-9.0%	67.2%	66.8%	70.5%	30.7%	21.8%	36.3%	30.0%	27.5%	32.7%
Operating Income (EBIT)	$1.0B	$787M	$169M	$314M	$2.6B	$1.2B	$510M	$257M	$552M	$25M	($272M)	($251M)	$287M	$18M	$237M	$1.0B	$641M	$820M	$596M	$263M	$576M
Operating Margin %	42.2%	36.8%	11.8%	20.9%	66.3%	48.3%	47.0%	16.6%	31.4%	2.0%	-30.1%	-31.1%	9.6%	0.6%	7.2%	23.9%	12.5%	17.7%	13.3%	7.4%	15.5%
Net Income	$949M	$633M	($90M)	$1.7B	($142M)	($499M)	($484M)	($81M)	$797M	$381M	($848M)	($375M)	$163M	$660M	$388M	$632M	$347M	$540M	$442M	$268M	$409M
Net Margin %	39.7%	29.5%	-6.3%	114.2%	-3.6%	-20.9%	-44.6%	-5.2%	45.2%	30.5%	-94.1%	-46.5%	5.5%	21.6%	11.8%	14.9%	6.8%	11.7%	9.9%	7.5%	11.0%
EBITDA	$1.9B	$1.5B	$516M	$2.8B	$377M	$30M	$70M	$720M	$1.7B	$437M	$17M	($360M)	$936M	$763M	$1.1B	$1.6B	$1.2B	$1.3B	$1.2B	$789M	$876M
Earnings Per Share (EPS)	$6.02	$3.95	$-0.60	$8.96	$-0.75	$-2.31	$-2.43	$-0.42	$3.71	$1.65	$-3.70	$-1.64	$0.70	$2.87	$1.70	$2.76	$1.60	$2.95	$2.40	$1.45	$2.20
Shares Outstanding (M)	154M	160M	151M	192M	190M	216M	199M	191M	215M	231M	229M	229M	232M	230M	229M	229M	217M	183M	185M	184M	186M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CNX Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	$618M	$783M	$538M	$452M	$541M	$611M	$420M	$335M
Gross Profit	$271M	$503M	$257M	$162M	$246M	$346M	$163M	$67M
Gross Margin %	43.8%	64.2%	47.6%	35.9%	45.5%	56.6%	39.0%	20.1%
Operating Income (EBIT)	$237M	$470M	$192M	$112M	$191M	$290M	$102M	$13M
Operating Margin %	38.3%	60.0%	35.6%	24.7%	35.2%	47.6%	24.2%	4.0%
Net Income	$203M	$348M	$196M	$202M	$433M	($198M)	($145M)	$66M
Net Margin %	32.8%	44.5%	36.4%	44.7%	79.9%	-32.4%	-34.5%	19.6%
EBITDA	$412M	$603M	$412M	$458M	$782M	($104M)	($29M)	$242M
Earnings Per Share (EPS)	$1.32	$2.25	$1.27	$1.18	$2.52	$-1.34	$-0.96	$0.37
Shares Outstanding (M)	154M	155M	155M	172M	172M	148M	151M	179M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CNX Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$1.1B	$1.0B	$816M	$815M	$1.2B	$926M	$795M	$981M	$886M	$649M	$469M	$506M	$937M	$659M	$728M	$1.5B	$1.1B	$945M	$1.0B	$684M	$665M
Capital Expenditures (CapEx)	$562M	$495M	$540M	$679M	$566M	$466M	$487M	$1.2B	$1.1B	$633M	$227M	$1.0B	$1.5B	$1.5B	$1.6B	$1.4B	$1.2B	$920M	$1.1B	$743M	$666M
Free Cash Flow (FCF)	$526M	$534M	$275M	$135M	$669M	$460M	$308M	($212M)	($231M)	$16M	$242M	($517M)	($557M)	($837M)	($847M)	$145M	($23M)	$25M	($32M)	($59M)	($1M)
FCF Margin %	22.0%	24.9%	19.1%	9.0%	17.1%	19.3%	28.4%	-13.7%	-13.1%	1.3%	26.9%	-64.1%	-18.6%	-27.4%	-25.8%	3.4%	-0.4%	0.5%	-0.7%	-1.7%	-0.0%
Dividends Paid	—	—	—	$1.9B	—	$426M	$1.2B	$777M	$940M	$32M	$2M	$33M	$58M	$86M	$142M	$96M	$86M	$75M	$73M	$56M	$51M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CNX Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Cash from Operations (CFO)	$280M	$278M	$297M	$234M	$282M	$216M	$269M	$170M
Capital Expenditures (CapEx)	$142M	$170M	$174M	$76M	$114M	$131M	$105M	$115M
Free Cash Flow (FCF)	$138M	$108M	$123M	$158M	$169M	$84M	$163M	$55M
FCF Margin %	22.2%	13.8%	22.8%	35.0%	31.2%	13.8%	38.9%	16.5%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CNX Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$9.1B	$9.1B	$8.5B	$8.6B	$8.5B	$8.1B	$8.0B	$9.1B	$8.6B	$6.9B	$9.2B	$10.9B	$11.8B	$11.4B	$12.7B	$12.5B	$12.1B	$7.7B	$7.4B	$6.2B	$5.7B
Cash & Cash Equivalents	$40M	$1M	$17M	$0M	$21M	$4M	$16M	$16M	$17M	$509M	$60M	$73M	$177M	$327M	$22M	$376M	$33M	$66M	$139M	$42M	$224M
Total Liabilities	$4.3B	$4.8B	$4.4B	$4.3B	$5.6B	$4.4B	$3.6B	$4.1B	$3.5B	$3.0B	$5.2B	$6.1B	$6.4B	$6.4B	$8.7B	$8.9B	$9.1B	$5.7B	$5.7B	$4.8B	$4.5B
Total Debt (Short + Long-Term)	$2.3B	$2.4B	$2.2B	$2.3B	$2.3B	$2.2B	$2.5B	$2.8B	$2.4B	$2.2B	$2.8B	$3.7B	$3.2B	$3.1B	$3.2B	$3.1B	$3.6B	$882M	$1.0B	$755M	$552M
Total Shareholders' Equity	$4.8B	$4.3B	$4.1B	$4.4B	$3.0B	$3.7B	$4.4B	$4.2B	$4.3B	$3.9B	$3.8B	$4.7B	$5.3B	$5.0B	$4.0B	$3.6B	$2.9B	$1.8B	$1.5B	$1.2B	$1.1B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive CNX viewer.

Other Companies in OIL & GAS E&P

MTDR · Matador Resources Company — $7 billion
MGY · Magnolia Oil & Gas Corp — $7 billion
CRGY · Crescent Energy Co — $5 billion
MUR · Murphy Oil Corporation — $5 billion
CRC · California Resources Corp — $5 billion
CRK · Comstock Resources Inc — $4 billion
BTE · Baytex Energy Corp — $3 billion
TALO · Talos Energy — $3 billion

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