Warrior Met Coal, Inc. (HCC) Earnings Call Transcripts

Warrior Met Coal, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Warrior Met Coal, Inc. reported a significant turnaround with revenues reaching $459 million, up 53% year-over-year, and net income of $72 million, compared to a loss of $8 million in the same quarter last year. The completion of the Blue Creek mine ahead of schedule contributed to record production and sales volumes, with a notable 55% increase in production year-over-year. Management maintained its full-year guidance, signaling confidence in continued strong performance despite inflationary pressures and geopolitical uncertainties.

Reported metrics

Guidance from management

Management reaffirmed its full-year guidance for 2026, expecting steelmaking coal markets to remain consistent with recent trends, absent major disruptions. They noted potential inflationary cost pressures but remain optimistic about production and pricing.

What management said

It's Dale. Yes, I mean, it's hard to predict exactly how much of the working capital will turn around, but it's just timing. A large portion will come back. I'm not sure we'll be back to breakeven. We'll be shy of that probably on a year-to-date basis through the first half. As far as the 45X credit, that was worth about $8.4 million and -- or $3 a ton for the quarter.

Yes. I think you would just see a gradual decline over the next few quarters, nothing dramatic in a single quarter. The mines are running well. So the production is coming pretty good. And obviously, the highest amount of production or inventory that we have is High-Vol A.

What analysts pressed on

Analysts expressed concerns regarding the significant working capital build and its potential impact on cash flow. There were also questions about inflationary pressures and how they might affect costs moving forward.

Main topics on the call

• Completion of Blue Creek Mine — Warrior completed the Blue Creek mine project ahead of schedule and on budget, which is expected to drive higher production volumes and profitability. CEO Walt Scheller stated, "This achievement reflects years of plannin...
• Record Sales and Production Volumes — The company achieved record sales volume of 3 million short tons in Q1 2026, a 38% increase year-over-year, driven by the Blue Creek mine. Production volume also reached a record high of 3.5 million short tons, reflectin...
• Strong Pricing Environment — Steelmaking coal prices remained robust, particularly in the premium quality segment, with prices driven up by supply constraints. The average PLV FOB Australia index price rose to $213 per short ton, a 27% increase year...
• Inflationary Cost Pressures — Management noted emerging inflationary pressures on materials and supplies, particularly diesel fuel and steel roof supports. They indicated that while not materially impacted yet, costs could rise by a few dollars per t...

Read the full Warrior Met Coal, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Warrior Met Coal, Inc. earnings call transcripts on record, spanning February 19, 2020 to August 5, 2026. Based on this history, Warrior Met Coal, Inc. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HCC

Exchange

NYSE

Country

US

Sector

Materials

Industry

Metals and Mining

Calls on record

28

First call

February 19, 2020

Most recent

August 5, 2026

Reporting cadence

quarterly