| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 558.10 | 9.5% | 12.9% |
| Total Income | 558.10 | 9.5% | 12.9% |
| Expenditure | 520.50 | 4.7% | 6.9% |
| PBT | 22.90 | 1245.0% | 501.8% |
| Net Profit | 15.20 | 416.7% | 265.2% |
| OPM | 6.74% | 4.27pp | 5.24pp |
| NPM | 2.72% | 3.67pp | 4.59pp |
| EPS | 0.13 | 425.0% | 262.5% |
Kronos Worldwide Reports Q2 2026 Results
06 Aug 2026 · 6 Aug, 1:53 am
Summary
Kronos Worldwide, Inc. reported a strong second quarter of 2026 with net income of $15.2 million, or $0.13 per share, a significant turnaround from a net loss in the prior year period. Net sales increased by 13% year-over-year to $558.1 million, driven by higher sales volumes and favorable currency exchange rates. The company's TiO2 segment profit and EBITDA also saw substantial increases, reflecting improved operating performance and the benefits of cost reduction initiatives. Management expressed confidence in positive momentum for the second half of 2026, emphasizing continued execution of operational, commercial, and cost reduction strategies.
Key Highlights
- 1
Kronos Worldwide reported net income of $15.2 million, or $0.13 per share, in the second quarter of 2026, a significant improvement from a net loss of $9.2 million, or $0.08 per share, in the second quarter of 2025.
- 2
Net sales for the second quarter of 2026 were $558.1 million, an increase of $63.7 million or 13% compared to the second quarter of 2025.
- 3
For the first six months of 2026, net sales were $1.1 billion, up 9% from $984.2 million in the first six months of 2025.
- 4
TiO2 segment profit was $41.0 million in the second quarter of 2026, compared to $10.9 million in the same period of 2025.
- 5
EBITDA for the second quarter of 2026 was $52.9 million, an increase from $22.2 million in the second quarter of 2025.
- 6
The company reported net income of $10.4 million, or $0.09 per share, for the first six months of 2026, up from $8.9 million, or $0.08 per share, in the first six months of 2025.
Management Comments
Brian Christian
Our second quarter results reflect solid progress against the priorities we established at the beginning of the year. Higher sales volumes, improving operating performance and the benefits of our cost reduction initiatives contributed to stronger results during the quarter. We believe we have positive momentum entering the second half of 2026, driven by continued execution of our operational, commercial and cost reduction initiatives. While energy and related costs remain elevated, we expect ongoing pricing actions and disciplined cost management to help offset these pressures. Despite a challenging macroeconomic environment, we remain focused on controlling what we can control through disciplined execution, delivering sustainable earnings improvement and generating stronger cash flow.
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