10-K · February 27, 2026
Chart Industries reported consolidated sales of $4.3 billion for 2025 (up from $4.2B in 2024 and $3.4B in 2023) and continues to emphasize its strategy as a global, molecule-agnostic provider for LNG, hydrogen, biogas…
Earnings analysis · 10-Q
GTLS earnings analysis
Filed May 11, 2026 · Our reading of the company's report
The latest report
Chart Industries reported significant declines in Q1 2026, with consolidated sales declining 11.7% to $884.8 million compared to $1,001.5 million in Q1 2025. Gross profit fell 26.0% to $251.4 million, driving a net loss…
Read full summary
Chart Industries reported significant declines in Q1 2026, with consolidated sales declining 11.7% to $884.8 million compared to $1,001.5 million in Q1 2025. Gross profit fell 26.0% to $251.4 million, driving a net loss of $17.1 million, down from a profit of $51.5 million the prior year. Segment performances were mostly negative, highlighting ongoing operational challenges and macroeconomic pressures.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.38
- Segment
- Cryo Tank Solutions
- Segment
- Heat Transfer Systems
- Segment
- Specialty Products
- Segment
- Repair, Service & Leasing
What stood out
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Q1 2026 Revenue Down 11.7%
Consolidated sales in Q1 2026 were $884.8 million, down from $1,001.5 million in Q1 2025.
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Gross Margin Declines to 28.4%
Gross profit margin decreased to 28.4% in Q1 2026, down from 33.9% in Q1 2025.
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Operating Margin Falls to 5.9%
Operating margin dropped to 5.9% in Q1 2026 from 15.2% in Q1 2025.
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Significant Net Loss Reported
Reported net loss of $17.1 million in Q1 2026 compared to net income of $51.5 million a year earlier.
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Cash Position Decreased by $100.4M
Cash and cash equivalents decreased to $269.4 million at March 31, 2026 from $369.8 million at December 31, 2025.
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Increased SG&A Expenses
SG&A expenses rose by 7.8% to $152.0 million in Q1 2026, up from $141.0 million in Q1 2025.
What to watch
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Decreased Orders in All Segments
Total consolidated orders fell to $1,280.3 million in Q1 2026 from $1,315.6 million in Q1 2025.
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Cash Used in Operating Activities Increased
Cash used in operating activities surged to $248.0 million in Q1 2026 from $60.0 million in Q1 2025.
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High Termination Payment Liability
Chart incurred a $266 million termination payment due to the termination of the Flowserve merger agreement.
Management's outlook
Management anticipates ongoing volatility but expects to maintain sufficient liquidity for the foreseeable future.
Earlier filings 4
10-Q · July 29, 2025
Chart reported Q2 2025 sales of $1,082.3 million (up $42.0M or +4.0% vs Q2 2024) and diluted EPS of $1.53 (vs $1.10 in Q2 2024). Gross margin was 33.6% and operating margin 15.7%; cash and equivalents increased to…
10-Q · May 1, 2025
Chart Industries reported Q1 2025 revenue of $1,001.5M, up $50.8M (+5.3%) versus Q1 2024, with gross profit of $339.8M and diluted EPS of $0.94 (vs $0.10). Gross margin expanded to 33.9% and operating margin to 15.2%,…
10-Q · October 27, 2023
Chart Industries reported Q3 sales of $897.9 million (up from $412.1 million a year ago) and gross profit of $276.2 million; operating income rose to $104.4 million. Despite operating strength, net (loss) income…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.