The earnings call highlighted strong financial performance and improvements in the petroleum and fertilizer segments, with optimistic future prospects. However, challenges persist in the renewables segment, resulting in strategic shifts.

Company Guidance

During the CVR Energy Third Quarter 2025 Conference Call, the company reported a consolidated net income of $401 million and earnings per share of $3.72, with EBITDA reaching $625 million. The Petroleum segment saw a crude processing utilization rate of 97%, with a combined throughput of approximately 216,000 barrels per day. The Group III benchmark cracks averaged $25.97 per barrel, while average RIN prices were about $6.33 per barrel. Adjusted EBITDA for the quarter was $180 million, with a refining margin of $12.87 per barrel, representing a 50% capture rate on the Group 3 2-1-1 benchmark. In the Fertilizer segment, ammonia utilization was at 95%, with higher UAN and ammonia sales prices compared to the previous year. The company also outlined capital spending estimates for the full year 2025 to be between $180 million and $200 million. Additionally, CVR Energy plans to revert its renewable diesel unit back to hydrocarbon processing due to profitability challenges in the renewables business.

Strong Financial Performance

Third quarter consolidated net income of $401 million, earnings per share of $3.72, and EBITDA of $625 million.

Petroleum Segment Success

Combined total throughput for the third quarter of 2025 was approximately 216,000 barrels per day with a utilization of 97%. Group III benchmark cracks averaged $25.97 per barrel, up from $19.40 per barrel last year.

Resolution of RFS Obligations

EPA granted exemptions, reducing outstanding RFS obligations by over 80%, significantly improving the balance sheet.

Fertilizer Segment Growth

Higher UAN and ammonia sales pricing contributed to adjusted EBITDA of $71 million for the third quarter.

Optimistic Refining Market Outlook

Refined product demand remains steady with favorable supply-demand trends and a positive outlook for crack spreads.

CVR Energy (CVI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CVI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 24, 2026	2025 (Q4)	-0.21 / -	-0.13	―	―	―
Oct 29, 2025	2025 (Q3)	0.22 / 0.40	-0.5	180.00% (+0.90)	―
Jul 30, 2025	2025 (Q2)	-0.13 / -0.23	0.09	-355.56% (-0.32)	―
Apr 28, 2025	2025 (Q1)	-0.89 / -0.58	0.04	-1550.00% (-0.62)	―
Feb 18, 2025	2024 (Q4)	-0.63 / -0.13	0.65	-120.00% (-0.78)	―
Oct 28, 2024	2024 (Q3)	-0.09 / -0.50	1.89	-126.46% (-2.39)	―
Jul 29, 2024	2024 (Q2)	-0.21 / 0.09	1.64	-94.51% (-1.55)	―
Apr 29, 2024	2024 (Q1)	0.17 / 0.04	1.44	-97.22% (-1.40)	―
Feb 20, 2024	2023 (Q4)	0.36 / 0.65	1.68	-61.31% (-1.03)	―
Oct 30, 2023	2023 (Q3)	1.93 / 1.89	1.9	-0.53% (-0.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CVI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 29, 2025	$39.18	$37.10	-5.31%
Jul 30, 2025	$28.27	$26.78	-5.27%
Apr 28, 2025	$18.71	$19.48	+4.12%
Feb 18, 2025	$18.49	$19.86	+7.41%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cvr Energy Inc. (CVI) report earnings?

Cvr Energy Inc. (CVI) is schdueled to report earning on Feb 24, 2026, After Close (Confirmed).

What is Cvr Energy Inc. (CVI) earnings time?

Cvr Energy Inc. (CVI) earnings time is at Feb 24, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CVI EPS forecast?

CVI EPS forecast for the fiscal quarter 2025 (Q4) is -0.21.

CVR Energy (CVI) Earnings News

IEP Earnings: Icahn Halves Dividend to Boost Stake in CVR Energy Amid Q3 Revenue Dip

Premium

Market News

IEP Earnings: Icahn Halves Dividend to Boost Stake in CVR Energy Amid Q3 Revenue Dip

1y ago

CVI

IEP

See More CVI News >

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing