CF Industries Holding, Inc. (CF) Financials
Key financial figures for CF Industries Holding, Inc. (Q2 2026).
CF Industries posts Q2 2026 net earnings of $727 million ($4.73 per diluted share) on tight global nitrogen supply-demand fundamentals. Q2 2026 net sales rose to $2.22 billion, up from $1.89 billion in Q2 2025, driving net earnings attributable to common stockholders of $727 million ($4.73 per diluted share) versus $386 million ($2.37 per diluted share) a year ago Q2 2026 Adjusted EBITDA reached $1.19 billion versus $761 million in Q2 2025, with gross margin percentage expanding to 51.5% from 39.9% Higher average selling prices across all product segments drove the improvement, as the conflict with Iran further tightened an already constrained global nitrogen supply-demand balance Trailing-twelve-month free cash flow was $1.82. On the outlook: Management expects full-year 2026 gross ammonia production of approximately 9.5 million tons, which reflects the ongoing Yazoo City Complex outage; expects approximately $150 million of 2026 capital expenditures for Blue Point common facilities wholly owned by CF Industries, with total 2026 capital expenditures across the Blue Point joint ventures (including partner-funded amounts from JERA and Mitsui) projected at approximately $950 million plus roughly $40 million of capitalized interest; and continues to expect a constrained global nitrogen supply-demand balance through the end of 2026 and into 2027. Figures are for Q2 2026, as CF Industries reported them.
- Revenue
- $2.2B
- Net Income
- $869M
- EPS
- $4.74
- Total Assets
- $15.1B
- Operating Cash Flow
- $878M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $2.2B | $727M | $4.73 | 47.34% | $607M |
| Q1 FY2026 | $2.0B | $615M | $3.98 | 32.23% | $273M |
| Q4 FY2025 | $1.9B | $404M | $2.59 | 36.22% | $313M |
| Q3 FY2025 | $1.7B | $353M | $2.19 | 34.96% | $717M |
| Q2 FY2025 | $1.9B | $386M | $2.37 | 39.42% | $318M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $7.1B | $1.5B | $8.97 | 33.39% | $1.8B |
| FY2024 | $5.9B | $1.2B | $6.74 | 29.41% | $1.8B |
| FY2023 | $6.6B | $1.5B | $7.87 | 35.53% | $2.3B |
Frequently asked questions
What was CF Industries's revenue last quarter?
CF Industries reported revenue of $2.22 billion for Q2 FY2026, up 17.6% from the same period a year earlier.
Is CF Industries profitable?
Yes. CF Industries reported net income of $727.0 million for Q2 FY2026, a net margin of 32.72% on revenue.
How has CF Industries's margin trended?
Operating margin was 47.34% in Q2 FY2026, compared with 39.42% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did CF Industries generate?
CF Industries generated free cash flow of $607.0 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for CF Industries Holding, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.