Flagship explainer

How CVR ENERGY, INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$7.2B · 100%Cost of revenue$6.8B · 95%Gross profit$346M · 5%Operating income$182M · 3%Income before tax$80M · 1%Income tax−$10M · −0%Net income$27M · 0%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$7.2B100%
Cost of revenue$6.8B95%
$346M5%
$182M3%
Income before tax$80M1%
Income tax−$10M−0%
$27M0%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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