v3.25.3
Business Segments
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Business Segments
(11) Business Segments
CVR Partners has one operating and reportable segment: Nitrogen Fertilizer. The Partnership derives revenue by producing and marketing nitrogen fertilizer products within the United States, which are used by farmers to improve the yield and quality of their crops. The segment determination is based on the management approach, reflecting the internal reporting used by the Chief Operating Decision Maker (“CODM”), the Partnership’s Chief Executive Officer, to evaluate performance and make strategic decisions.
The CODM evaluates the performance of the Nitrogen Fertilizer Segment and decides how to allocate resources based on net income, which is reported in the condensed consolidated statements of operations. The CODM uses net income to assess the income generated by the Nitrogen Fertilizer Segment and to decide whether to recommend that the Board reinvest profits into the Partnership or pay distributions. Net income is also used to analyze performance against the budget and the Partnership’s competitors.
While segment assets are not reported to, or used by, the CODM to allocate resources or to assess performance of the segment, total assets are disclosed in the condensed consolidated balance sheets.
The following table presents the operating results and capital expenditures information for the Nitrogen Fertilizer Segment:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2025202420252024
Net sales$163,549 $125,203 $474,973 $385,769 
Less:
Feedstocks13,264 11,014 45,899 41,559 
Distribution costs13,587 15,303 41,684 37,208 
Change in inventory, net(1,461)(54)(1,746)(1,063)
Cost of materials and other25,390 26,263 85,837 77,704 
Less:
Direct operating expenses (exclusive of depreciation and amortization and turnaround expenses)56,455 55,580 170,189 157,997 
Turnaround expenses1,226 181 2,496 303 
Depreciation and amortization19,958 24,732 58,859 64,063 
Selling, general and administrative expenses9,171 7,447 25,094 21,065 
Interest expense9,058 8,465 27,009 25,354 
Interest income(1,471)(1,224)(4,115)(2,938)
Other segment items (1)
690 (48)676 (384)
Net income$43,072 $3,807 $108,928 $42,605 
Capital expenditures$12,713 $9,699 $29,392 $19,205 
(1)Other segment items includes (gain) loss on asset disposal, other (income) expense, and income tax (benefit) expense.