CVR ENERGY INC
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
CVI$38.71-1.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows - and (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| Nine Months Ended September 30, | ||
|---|---|---|
| (in millions) | 2026 | 2025 |
| Cash flows from operating activities: | ||
| Net income | $449 | $206 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 237 | 258 |
| Loss on lower of cost or net realizable value adjustment | — | 12 |
| Deferred income taxes and unrecognized tax benefits | (24) | (3) |
| Loss on extinguishment of debt | 32 | 2 |
| Share-based compensation | 38 | 37 |
| Unrealized loss on derivatives, net | 278 | 6 |
| Other items | 10 | 11 |
| Changes in working capital: | ||
| Accounts receivables | (229) | 42 |
| Inventories | (184) | (27) |
| Prepaid expenses and other current assets | 14 | (11) |
| Accounts payable | 200 | (137) |
| Accrued income taxes | 132 | — |
| Other current liabilities | 73 | (252) |
| Net cash provided by operating activities | 1,026 | 144 |
| Cash flows from investing activities: | ||
| Capital expenditures | (152) | (130) |
| Turnaround expenditures | (2) | (196) |
| Return of equity method investment | 6 | 6 |
| Other investing activities | 1 | 11 |
| Net cash used in investing activities | (147) | (309) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of Senior Notes | 1,000 | — |
| Principal payments of Term Loan | (157) | (92) |
| Principal payments of senior secured notes | (817) | — |
| Call premium on extinguishment of debt | (25) | — |
| Payment of deferred financing costs | (15) | — |
| Dividends to CVR Energy stockholders | (20) | — |
| Distributions to CVR Partners noncontrolling interest holders | (70) | (53) |
| Other financing activities | (8) | (7) |
| Net cash used in financing activities | (112) | (152) |
| Net increase (decrease) in cash and cash equivalents | 767 | (317) |
| Cash and cash equivalents, beginning of period | 511 | 987 |
| Cash and cash equivalents, end of period | $1,278 | $670 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.