CF · 10-Q · 2026Q2 · Full report

Net Income and Profitability

CF Industries Holdings, Inc. · 2026-08-06 · Importance 69 · Surprise 64 · In source text

Net earnings attributable to common stockholders increased 88% to $727 million in the second quarter of 2026 from $386 million in the second quarter of 2025. Six-month attributable net earnings increased to $1.342 billion from $698 million. The quarterly increase was driven primarily by a $390 million gross-margin improvement and $50 million of Yazoo City business-interruption insurance recoveries. Higher income-tax expense and the $23 million Yazoo City impairment partially offset the improvement.

Key facts

• We reported net earnings attributable to common stockholders of $727 million for Q2 2026 compared to $386 million for Q2 2025, an increase of $341 million or 88%. source
• Diluted net earnings per share attributable to common stockholders increased $2.36 per share, or 100%, to $4.73 per share in Q2 2026 compared to $2.37 per share in Q2 2025. source
• Net earnings attributable to noncontrolling interests Q2 2026: $142 million, increased $36 million from $106 million in Q2 2025. source
• Net earnings attributable to noncontrolling interests Jan–Jun 2026: $203 million, increased $58 million from $145 million in prior year. source
• Diluted net earnings per share attributable to common stockholders Q2 2026: $4.73 per share, increased $2.36 or 100% from $2.37 per share in Q2 2025; diluted weighted-average common shares outstanding declined 6% from 163.1 million to 153.9 million. source
• Diluted net earnings per share Jan–Jun 2026: $8.71 per share, increased $4.51 or 107% from $4.20 per share in prior year; diluted weighted-average common shares outstanding declined 7% from 165.9 million to 154.2 million. source

Impact estimates