CNX Resources Corporation (CNX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
CNX's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CNX Revenue Analysis (2014–2025)
As of March 2, 2026, CNX Resources Corporation (CNX) generated trailing twelve-month (TTM) revenue of $2.26 billion, reflecting explosive growth of +100.2% year-over-year. The most recent quarter (Q4 2025) recorded $655.2 million in revenue, up 44.9% sequentially.
Looking at the longer-term picture, CNX's 5-year compound annual growth rate (CAGR) stands at +14.6%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $3.92 billion in 2022.
Revenue diversification analysis shows CNX's business is primarily driven by Natural Gas (79%), NGLs (15%), and Oil and Gas, Purchased (5%). With over half of revenue concentrated in Natural Gas, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including INR (+17.9% YoY), EQT (+65.5% YoY), and EXE (+187.1% YoY), CNX has underperformed the peer group in terms of revenue growth. Compare CNX vs INR →
Peer Comparison
Compare CNX's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CNXCurrent | $2.3B | +100.2% | +14.6% | 37.1% | |
| INR | $259M | +17.9% | - | 36.2% | |
| EQT | $8.6B | +65.5% | +26.6% | 40.8% | |
| EXE | $12.1B | +187.1% | +18.4% | 16.8% | |
| AR | $5.3B | +20.7% | +11.3% | 16.7% | |
| RRC | $3.1B | +193.4% | +11.8% | - |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.14B | +59.2% | $1.00B | 46.8% | $794.3M | 37.1% |
| 2024 | $1.35B | -8.0% | $806.2M | 59.9% | $653.0M | 48.5% |
| 2023 | $1.46B | -62.7% | $913.5M | 62.5% | $780.7M | 53.4% |
| 2022 | $3.92B | +64.6% | $3.26B | 83.0% | $3.13B | 79.7% |
| 2021 | $2.38B | +119.6% | $1.87B | 78.3% | $1.73B | 72.7% |
| 2020 | $1.09B | -29.7% | $634.5M | 58.4% | $510.1M | 47.0% |
| 2019 | $1.54B | -12.0% | $1.03B | 66.7% | $842.3M | 54.5% |
| 2018 | $1.76B | +46.5% | $1.26B | 71.8% | $1.11B | 63.5% |
| 2017 | $1.20B | +41.3% | $644.7M | 53.8% | $503.4M | 42.0% |
| 2016 | $847.9M | +12.9% | $303.4M | 35.8% | $186.0M | 21.9% |
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Start ComparisonFrequently Asked Questions
Is CNX's revenue growth accelerating or slowing?
CNX revenue is accelerating at +100.2% year-over-year, exceeding the 5-year CAGR of +14.6%. TTM revenue reached $2.3B. Growth momentum has increased versus prior periods.
What is CNX's long-term revenue growth rate?
CNX Resources Corporation's 5-year revenue CAGR of +14.6% reflects the sustained expansion pattern. Current YoY growth of +100.2% is above this long-term average.
How is CNX's revenue distributed by segment?
CNX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.