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Quarterly Results
- Q1 2026
- Q4 2025
- Q3 2025
- Q2 2025
- Q1 2025
Calumet Reports First Quarter 2026 Results
- First Quarter 2026 net loss of $317.0 million, or basic loss per common share of $3.64, driven by non-cash RINs and other mark-to-market items
- First Quarter 2026 Adjusted EBITDA with Tax Attributes of $50.1 million
- Montana Renewables completed turnaround and commenced MaxSAF® 150 operations in early May
- EPA's SET2 RVO, announced in March, has transformed the outlook for biofuel margins
- Integrated specialties business entering extremely strong margin environment
- Shreveport plant resumed normal operations in early April following previously disclosed downtime
INDIANAPOLIS, May 8, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") today reported its results for the first quarter ended March 31, 2026, as follows:
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Calumet Reports Fourth Quarter 2025 Results
- Fiscal Year 2025 net loss of $33.8 million, or basic loss per common share of $0.39
- Fiscal Year 2025 Adjusted EBITDA with Tax Attributes of $293.3 million
- $222 million of recourse debt reduction in 2025
- Strong free cash flow driven by approximately $100 million of cost reduction initiatives in 2025
- Record production year in Specialty Products & Solutions segment and Montana Renewables
- Montana Renewables MaxSAF®150 expansion on track for second quarter of 2026
INDIANAPOLIS, Feb. 27, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") today reported its results for the fourth quarter and year ended December 31, 2025, as follows:
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Calumet Reports Third Quarter 2025 Results
- Third quarter 2025 net income of $313.4 million, or basic income per common share of $3.61
- Third quarter 2025 Adjusted EBITDA with Tax Attributes of $92.5 million
- Company-wide cost reduction initiatives driving $61 million of year-over-year operating cost savings through the first nine months of 2025
- Montana Renewables remains on track to achieve 120–150 million gallons of annualized SAF production by second quarter of 2026
- SAF placement ahead of plan, with approximately 100 million gallons of SAF fully committed or deep in contracting
- Record production and strong margins in Specialty Products & Solutions segment
INDIANAPOLIS, Nov. 7, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") today reported its results for the third quarter ended September 30, 2025, as follows:
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Calumet Reports Second Quarter 2025 Results
- Second quarter 2025 net loss of $147.9 million, or basic loss per common share of $1.70 per share
- Second quarter 2025 Adjusted EBITDA with Tax Attributes of $76.5 million
- Company-wide cost reduction initiatives tracking ahead of plan, delivering $42 million in year-over-year operating cost savings through the first half of 2025
- Montana Renewables remains on track to achieve 120–150 million gallons of annualized SAF production by second quarter of 2026
- Specialties business demonstrating significant margin expansion and continued strong sales volume
INDIANAPOLIS, Aug. 8, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) today reported results of Calumet, Inc. (the "Company," "Calumet," "we," "our" or "us") for the second quarter ended June 30, 2025, as follows:
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Calumet Reports First Quarter 2025 Results
- First quarter 2025 net loss of $162.0 million, or basic loss per common share of $1.87 per share
- First quarter 2025 Adjusted EBITDA with Tax Attributes of $55.0 million, reflecting a $30.4 million adjustment for RINs incurrence expense and $16.9 million from the Production Tax Credit ("PTC")
- Montana Renewables expects to reach 120 to 150-million-gallon SAF capacity sooner than previously reported for a fraction of the cost
- Montana Renewables received $782 million funding of Department of Energy ("DOE") loan in February 2025, closed sale of Royal Purple® industrial business for $110 million in March 2025, and launches partial redemption for $150 million of 2026 Notes
- Company-wide cost reduction plan on track with $22 million year over year reduction in operating costs
- Consolidated quarter ending liquidity of $542.7 million
INDIANAPOLIS, May 9, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) today reported results of Calumet, Inc. (the "Company," "Calumet," "we," "our" or "us") for the first quarter ended March 31, 2025, as follows:
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