Ramaco Resources, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $144.8M | $121.6M | $128.0M | $121.0M | $153.0M | $134.7M | $170.9M | $167.4M |
| Cost of Revenue | $128.2M | $108.5M | $103.2M | $101.8M | $134.2M | $114.1M | $136.1M | $134.7M |
| Gross Profit | $16.6M | $13.1M | $24.8M | $19.2M | $18.8M | $20.5M | $34.8M | $32.7M |
| Gross Margin | 11.5% | 10.8% | 19.4% | 15.8% | 12.3% | 15.2% | 20.4% | 19.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $17.6M | $20.3M | $23.4M | $16.1M | $15.2M | $14.6M | $11.4M | $12.9M |
| Operating Income | $-18.2M | $-24.3M | $-15.6M | $-14.5M | $-13.8M | $-12.0M | $6.4M | $1.6M |
| Operating Margin | -12.6% | -20.0% | -12.2% | -12.0% | -9.1% | -8.9% | 3.7% | 1.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-19.6M | $-24.2M | $-15.8M | $-16.6M | $-16.0M | $-13.7M | $6.1M | $-178.0K |
| Income Tax Expense | $-4.2M | $-5.8M | $-1.1M | $-3.3M | $-2.0M | $-4.3M | $2.2M | $61.0K |
| Net Income | $-15.4M | $-18.3M | $-14.7M | $-13.3M | $-14.0M | $-9.5M | $3.9M | $-239.0K |
| Net Margin | -10.6% | -15.1% | -11.5% | -11.0% | -9.1% | -7.0% | 2.3% | -0.1% |
| EPS (Basic) | — | — | — | — | — | — | $0.06 | $-0.03 |
| EPS (Diluted) | — | — | — | — | — | — | $0.06 | $-0.03 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | $0.19 | — | — | — | — |