CF Industries Q2 2026: revenue up 17.6%, EPS $4.73 misses consensus
CF Industries delivered a strong operating quarter: revenue rose 17.6% to $2.22 billion, gross margin jumped to 51.5% and diluted EPS nearly doubled to $4.73. The catch is that consensus expected $5.67, so a 16.6% earnings shortfall sits inside an otherwise excellent print. Read the scorecard as pricing power doing the work while volumes sag.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $4.73 nearly doubled from $2.37 a year ago but fell $0.94 short of the $5.67 consensus estimate, about 16.6%. Net income was $727 million after $224 million of income tax and $89 million of SG&A. A $52 million hit from business interruption insurance also weighed on the quarter.
Revenue of $2.22 billion rose 17.6% from $1.89 billion a year earlier, and gross margin climbed to 51.5% from 39.9%. Almost all of it came from price: the company's own bridge shows price adding $588 million to adjusted EBITDA while volume subtracted $158 million. Cost of revenue was $1.08 billion, equal to $48.5 of every $100 of sales.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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