Quarterly ResultNov 5, 2026, 08:56 AM
Tronox Q3 Revenue $827M; Net Loss $55M; Updates FY26 FCF Outlook
AI Summary
Tronox Holdings plc reported its third quarter 2026 financial results, with revenue increasing 18% year-over-year to $827 million, driven by higher sales volumes and prices for TiO2 and Zircon. However, the company posted a net loss of $55 million. Adjusted EBITDA stood at $101 million. The company updated its full-year free cash flow outlook to a use of $25-$50 million, citing unforeseen impacts from the Middle East conflict affecting raw material costs and sales volumes. For Q4 2026, Tronox expects Adjusted EBITDA between $80-$90 million.
Key Highlights
- Revenue increased 18% YoY to $827 million, but decreased 5% QoQ.
- Reported a net loss of $55 million, or $0.34 per diluted share.
- Adjusted EBITDA was $101 million, with a margin of 12.2%.
- TiO2 revenue was $653 million (up 19% YoY), Zircon revenue was $93 million (up 58% YoY).
- Q4 2026 Adjusted EBITDA is expected to be $80-$90 million.
- Full year 2026 free cash flow is now expected to be a use of $25-$50 million.
Price Impact
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