| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 509.80 | 4.1% |
| Total Income | 509.80 | 4.1% |
| Expenditure | 497.20 | 10.2% |
| PBT | -2.00 | 107.8% |
| Net Profit | -4.80 | 126.5% |
| OPM | 2.47% | 5.37pp |
| NPM | -0.94% | 4.64pp |
| EPS | -0.04 | 125.0% |
Kronos Worldwide Reports Q1 2026 Results: Net Loss of $4.8 Million
07 May 2026 · 7 May, 1:54 am
Summary
Kronos Worldwide, Inc. reported a net loss of $4.8 million, or $.04 per share, for the first quarter of 2026, compared to a net income of $18.1 million, or $.16 per share, in the first quarter of 2025. Net sales for the first quarter of 2026 were $509.8 million, a 4% increase compared to the $489.8 million reported in the first quarter of 2025. The increase in net sales was primarily due to higher sales volumes in North American, Latin American, and export markets, as well as the favorable impact of currency exchange rates. The company's TiO2 segment profit decreased to $15.1 million in the first quarter of 2026 from $41.6 million in the first quarter of 2025.
Key Highlights
- 1
Kronos Worldwide, Inc. reported a net loss of $4.8 million, or $.04 per share, in the first quarter of 2026.
- 2
Net sales of $509.8 million in the first quarter of 2026 were 4% higher than in the first quarter of 2025.
- 3
Average TiO2 selling prices increased 2% during the first quarter of 2026.
- 4
TiO2 segment profit was $15.1 million in the first quarter of 2026 compared to $41.6 million in the first quarter of 2025.
- 5
EBITDA in the first quarter of 2026 was $27.7 million compared to $51.2 million in the first quarter of 2025.
- 6
Sales volumes increased to 142 metric tons in thousands, compared to 136 metric tons in thousands in the first quarter of 2025.
Management Comments
Brian W. Christian
“The fourth quarter of 2025 reflected the difficult actions we took to structurally realign our operations, which contributed to a segment loss of $59.4 million and negative EBITDA in that period,” said Brian W. Christian, President and Chief Executive Officer. “Those actions, together with several other strategic initiatives, were designed to permanently improve our cost structure, and we are encouraged by the $74.5 million sequential improvement in segment profit in the first quarter as these actions begin to benefit our results. We remain focused on executing our pricing and cost initiatives to drive further improvement.”
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