--- title: "Alliance Resources | 10-Q: FY2026 Q1 Revenue Misses Estimate at USD 516.02 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285772291.md" datetime: "2026-05-08T20:28:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285772291.md) - [en](https://longbridge.com/en/news/285772291.md) - [zh-HK](https://longbridge.com/zh-HK/news/285772291.md) --- # Alliance Resources | 10-Q: FY2026 Q1 Revenue Misses Estimate at USD 516.02 M Revenue: As of FY2026 Q1, the actual value is USD 516.02 M, missing the estimate of USD 517.81 M. EPS: As of FY2026 Q1, the actual value is USD 0.07, missing the estimate of USD 0.15. EBIT: As of FY2026 Q1, the actual value is USD 33.29 M. Alliance Resource Partners, L.P.’s core objective is to maximize the value of its mineral asset base through coal production and the leasing and development of coal and oil & gas mineral interests, aiming for long-term growth via investments in energy and related infrastructure . #### Consolidated Financial and Operational Highlights (Three Months Ended March 31) - **Total Revenues**: $516,017 thousand in 2026, decreased from $540,468 thousand in 2025 . - **Segment Adjusted EBITDA**: $179,049 thousand in 2026, decreased from $180,515 thousand in 2025 . - **Segment Adjusted EBITDA Expense**: $330,958 thousand in 2026, decreased from $346,170 thousand in 2025 . - **Coal Tons Sold**: 7,860 thousand in 2026, increased from 7,771 thousand in 2025 . - **Coal Tons Produced**: 7,984 thousand in 2026, decreased from 8,457 thousand in 2025 . - **Oil & Gas Volume (BOE)**: 1,022 thousand in 2026, increased from 880 thousand in 2025 . - **Depreciation, Depletion and Amortization**: $82,354 thousand in 2026, increased from $68,629 thousand in 2025 . - **Asset Impairments**: $37,820 thousand in 2026, compared to $0 thousand in 2025 . - **Interest Expense, Net**: $11,426 thousand in 2026, increased from $7,567 thousand in 2025 . - **Change in Fair Value of Digital Assets**: - $11,629 thousand in 2026, compared to - $5,574 thousand in 2025 . #### Segmented Financial and Operational Metrics (Three Months Ended March 31) ##### Illinois Basin Coal Operations - **Tons Sold**: 6,068 thousand in 2026, increased from 6,042 thousand in 2025 . - **Coal Sales**: $309,755 thousand in 2026, decreased from $333,234 thousand in 2025 . - **Other Revenues**: $3,030 thousand in 2026, increased from $2,898 thousand in 2025 . - **Segment Adjusted EBITDA Expense**: $213,586 thousand in 2026, increased from $209,959 thousand in 2025 . - **Segment Adjusted EBITDA**: $99,199 thousand in 2026, decreased from $126,173 thousand in 2025 . - **Total Assets**: $1,062,831 thousand in 2026, decreased from $1,072,545 thousand in 2025 . - **Capital Expenditures**: $56,894 thousand in 2026, increased from $52,585 thousand in 2025 . ##### Appalachia Coal Operations - **Tons Sold**: 1,792 thousand in 2026, increased from 1,729 thousand in 2025 . - **Coal Sales**: $133,527 thousand in 2026, decreased from $135,277 thousand in 2025 . - **Other Revenues**: $4,110 thousand in 2026, increased from $882 thousand in 2025 . - **Segment Adjusted EBITDA Expense**: $111,452 thousand in 2026, decreased from $120,568 thousand in 2025 . - **Segment Adjusted EBITDA**: $26,185 thousand in 2026, increased from $15,591 thousand in 2025 . - **Total Assets**: $430,640 thousand in 2026, decreased from $472,957 thousand in 2025 . - **Capital Expenditures**: $21,548 thousand in 2026, decreased from $30,828 thousand in 2025 . ##### Oil & Gas Royalties - **Volume - BOE**: 1,022 thousand in 2026, increased from 880 thousand in 2025 . - **Oil & Gas Royalties**: $41,341 thousand in 2026, increased from $36,084 thousand in 2025 . - **Other Revenues**: $443 thousand in 2026, decreased from $829 thousand in 2025 . - **Segment Adjusted EBITDA Expense**: $5,964 thousand in 2026, increased from $5,721 thousand in 2025 . - **Segment Adjusted EBITDA**: $34,607 thousand in 2026, increased from $29,884 thousand in 2025 . - **Total Assets**: $902,544 thousand in 2026, increased from $834,854 thousand in 2025 . - **Capital Expenditures**: $0 thousand in 2026 and 2025 . ##### Coal Royalties - **Volume - Tons Sold**: 6,612 thousand in 2026, increased from 5,072 thousand in 2025 . - **Intercompany Coal Royalties**: $19,100 thousand in 2026, increased from $15,795 thousand in 2025 . - **Other Revenues**: $291 thousand in 2026, compared to $0 thousand in 2025 . - **Segment Adjusted EBITDA Expense**: $7,124 thousand in 2026, increased from $6,400 thousand in 2025 . - **Segment Adjusted EBITDA**: $12,267 thousand in 2026, increased from $9,395 thousand in 2025 . - **Total Assets**: $315,013 thousand in 2026, increased from $312,950 thousand in 2025 . - **Capital Expenditures**: $15,500 thousand in 2026, increased from $45 thousand in 2025 . ##### Other, Corporate and Elimination - **Total Assets**: $144,680 thousand in 2026, decreased from $209,429 thousand in 2025 . - **Capital Expenditures**: $1,748 thousand in 2026, decreased from $3,318 thousand in 2025 . #### Unique Metrics and Strategic Investments - **Digital Assets (Bitcoin)**: Holdings were 618.26 units with a fair value of $42,210 thousand as of March 31, 2026, compared to 592.01 units with a fair value of $51,834 thousand as of December 31, 2025 . - **Equity Method Investments**: The total ending balance was $70,986 thousand as of March 31, 2026, increased from $69,638 thousand as of December 31, 2025, including investments in Infinitum Electric, Inc., NGP Energy Transition IV, L.P., and Gavin Generation Holdings A, LP . - **Acquisitions**: In January and March 2026, Alliance Resource Partners, L.P. acquired 574 oil and gas net royalty acres in the Permian Basin for $14.5 million in cash . On January 29, 2026, the company purchased ownership interests in certain coal reserves and surface rights from the Craft Foundations for $15.5 million . #### Outlook and Guidance Management expects to have sufficient cash flow to meet 2026 cash requirements, including capital expenditures, acquisitions, debt payments, and operating costs, utilizing existing cash, future cash flows, and credit facilities . The company projects average estimated annual maintenance capital expenditures of approximately $7.23 per ton produced over the next five years . Total capital expenditures for 2026 are estimated to be in the range of $280.0 million to $300.0 million . ### Related Stocks - [ARLP.US](https://longbridge.com/en/quote/ARLP.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [Abaxx to Launch Silver Singapore Futures on May 22, 2026 | ABXXF Stock News](https://longbridge.com/en/news/286762247.md) - [Keysight Technologies Reports Second Quarter 2026 Results | KEYS Stock News](https://longbridge.com/en/news/286959830.md)