Hallador Energy Company (HNRG) Financial Statements & Analysis

Hallador Energy Company (HNRG) Income Statement

Hallador Energy Company reported revenue of $469.47M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 16.1% from $404.39M a year earlier. Net income was $41.87M, a net margin of 8.9%. Gross margin was 18.6% and operating margin 13.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $101.50M, down 1.3% from the same quarter a year earlier.

Hallador Energy Company Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Hallador Energy Company income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	469.47	404.39	634.88	361.99	247.67	244.24	317.44	291.78	268.20
Cost of Revenue	382.18	178.60	303.24	331.56	198.84	185.96	296.44	259.53	228.65
Gross Profit	87.28	225.80	331.64	30.43	48.83	58.28	21.00	32.25	39.56
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	26.23	142.69	178.58	16.42	14.83	11.59	12.85	11.84	14.98
Operating Expenses	26.23	443.96	266.62	64.95	53.28	55.19	15.35	14.19	16.69
Operating Income	61.06	-218.16	65.01	30.43	-4.46	3.10	5.65	18.06	26.30
Other Income/Expense
Interest Income	0.60	0.00	0.00	0.44	0.00	0.00	0.00	0.00	0.00
Interest Expense	16.90	13.85	13.71	11.88	8.51	13.42	16.00	16.29	12.41
Other Income/Expense	-17.35	-17.39	-15.75	-10.57	11.80	-11.98	-87.85	-14.51	-12.41
Income
Income Before Tax	43.70	-235.54	49.26	19.86	-3.73	-8.88	-82.20	3.55	13.88
Income Tax Expense	1.83	-9.40	4.47	1.76	0.03	-2.66	-22.35	-4.08	-19.19
Net Income	41.87	-226.14	44.79	18.11	-3.75	-6.22	-59.85	7.62	33.08
Net Income - Continuous Operations	41.87	-226.14	44.79	18.11	-3.75	-6.22	-59.85	7.62	33.08
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	103.34	-157.81	126.95	78.32	44.76	41.43	-14.17	65.89	66.37
EBIT	58.57	-223.44	59.74	30.43	4.78	4.90	-	-	-
Depreciation & Amortization	41.22	65.63	67.21	47.89	39.97	39.64	49.84	45.33	39.36
Earnings Per Share
Basic EPS	1.00	-6.00	1.00	1.00	-	-	-2.00	-	1.00
Diluted EPS	1.00	-6.00	1.00	1.00	-	-	-2.00	-	1.00
Basic Shares Outstanding	42.93	39.50	33.13	32.04	30.61	30.45	30.25	30.07	29.66
Diluted Shares Outstanding	43.43	39.50	36.83	33.65	30.61	30.45	30.25	30.07	29.66

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Hallador Energy Company Financial Statements

What was Hallador Energy Company's revenue in fiscal 2025?

Hallador Energy Company reported revenue of $469.47M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 16.1% from $404.39M a year earlier.

Is Hallador Energy Company profitable?

Yes. Hallador Energy Company earned net income of $41.87M in fiscal 2025, a net margin of 8.9%. In fiscal 2024 it lost $226.14M.

What is Hallador Energy Company's operating margin?

Hallador Energy Company's operating income was $61.06M on revenue of $469.47M in fiscal 2025, an operating margin of 13.0%, compared with -53.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition