v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 2,738 $ 1,761 $ 4,718 $ 3,407
Operating costs and expenses:        
Cost of materials and other 2,370 1,582 4,195 3,099
Direct operating expenses (exclusive of depreciation and amortization) 174 169 355 324
Depreciation and amortization 77 76 155 142
Cost of sales 2,621 1,827 4,705 3,565
Selling, general and administrative expenses (exclusive of depreciation and amortization) 34 36 73 73
Depreciation and amortization 3 2 4 4
Other operating expenses (income), net 2 (1) 3 0
Operating income (loss) 78 (103) (67) (235)
Other (expense) income:        
Interest income (expense), net (25) (30) (83) (55)
Other income, net 3 1 17 4
Income (loss) before income taxes 56 (132) (133) (286)
Income tax expense (benefit) 10 (42) (19) (91)
Net income (loss) 46 (90) (114) (195)
Less: Net income attributable to noncontrolling interest 49 24 81 42
Net loss attributable to CVR Energy stockholders $ (3) $ (114) $ (195) $ (237)
Basic loss per share (in dollars per share) $ (0.03) $ (1.14) $ (1.94) $ (2.36)
Diluted loss per share (in dollars per share) $ (0.03) $ (1.14) $ (1.94) $ (2.36)
Weighted-average common shares outstanding:        
Basic (in shares) 100.5 100.5 100.5 100.5
Diluted (in shares) 100.5 100.5 100.5 100.5