CNX Resources Corporation (CNX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
CNX Revenue Growth
Revenue Breakdown (FY 2025)
CNX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CNX Revenue Analysis (2014–2025)
As of May 6, 2026, CNX Resources Corporation (CNX) generated trailing twelve-month (TTM) revenue of $2.32 billion, reflecting exceptional growth of +28.8% year-over-year. The most recent quarter (Q1 2026) recorded $786.7 million in revenue, up 46.1% 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 (89%), NGLs (9%), and Oil and Gas, Purchased (2%). 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 AR (+23.1% YoY), EQT (+58.4% YoY), and RRC (+22.6% YoY), CNX has underperformed the peer group in terms of revenue growth. Compare CNX vs AR →
CNX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CNXCurrent | $2.3B | +28.8% | +14.6% | 36.8% | |
 AR | $5.0B | +23.1% | +10.2% | 16.5% | |
 EQT | $9.1B | +58.4% | +27.8% | 34.7% | |
 RRC | $3.0B | +22.6% | +10.9% | 27.9% | |
 CTRA | $2.8B | +7.3% | +14.4% | 89.1% | |
 GPOR | $1.3B | +37.1% | +10.6% | 37.9% |
CNX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.14B | +59.2% | $1.01B | 47.2% | $787.5M | 36.8% |
| 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% |
See CNX's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CNX Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CNX vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonCNX — Frequently Asked Questions
Quick answers to the most common questions about buying CNX stock.
Is CNX's revenue growth accelerating or slowing?
CNX revenue is accelerating at +28.8% 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 +28.8% 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.