Tronox Holdings plc (TROX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 760M | 730M | 699M | 731M | 738M | 676M | 804M | 820M | 774M | 686M | 662M | 794M | 708M | 649M | 895M | 945M | 965M | 884M | 870M | 927M |
| Revenue Growth % | 2.98% | 7.99% | -13.06% | -10.85% | -4.65% | -1.46% | 21.45% | 3.27% | 9.32% | 5.7% | -26.03% | -15.98% | -26.63% | -26.58% | 2.87% | 1.94% | 8.31% | 12.9% | 28.89% | 60.38% |
| Cost of Goods Sold | 716K | 691M | 647M | 652M | 639M | 559M | 685M | 677M | 654M | 608M | 568M | 637M | 575M | 544M | 663M | 682M | 733M | 666M | 626M | 700M |
| COGS % of Revenue | 0.09% | 94.66% | 92.56% | 89.19% | 86.59% | 82.69% | 85.2% | 82.56% | 84.5% | 88.63% | 85.8% | 80.23% | 81.21% | 83.82% | 74.08% | 72.17% | 75.96% | 75.34% | 71.95% | 75.51% |
| Gross Profit | 44K | 39M | 52M | 79M | 99M | 117M | 119M | 143M | 120M | 78M | 94M | 157M | 133M | 105M | 232M | 263M | 232M | 218M | 244M | 227M |
| Gross Margin % | 0.01% | 5.34% | 7.44% | 10.81% | 13.41% | 17.31% | 14.8% | 17.44% | 15.5% | 11.37% | 14.2% | 19.77% | 18.79% | 16.18% | 25.92% | 27.83% | 24.04% | 24.66% | 28.05% | 24.49% |
| Gross Profit Growth % | -99.96% | -66.67% | -56.3% | -44.76% | -17.5% | 50% | 26.6% | -8.92% | -9.77% | -25.71% | -59.48% | -40.3% | -42.67% | -51.83% | -4.92% | 15.86% | 12.62% | 22.47% | 75.54% | 75.97% |
| Operating Expenses | 71M | 74M | 95M | 114M | 160M | 69M | 65M | 67M | 79M | 70M | 62M | 73M | 71M | 69M | 69M | 73M | 163M | 84M | 76M | 77M |
| OpEx % of Revenue | 9.34% | 10.14% | 13.59% | 15.6% | 21.68% | 10.21% | 8.08% | 8.17% | 10.21% | 10.2% | 9.37% | 9.19% | 10.03% | 10.63% | 7.71% | 7.72% | 16.89% | 9.5% | 8.74% | 8.31% |
| Selling, General & Admin | 71K | 74M | 63M | 72M | 74M | 69M | 65M | 67M | 79M | 70M | 62M | 73M | 71M | 69M | 69M | 65M | 78M | 84M | 76M | 77M |
| SG&A % of Revenue | 0.01% | 10.14% | 9.01% | 9.85% | 10.03% | 10.21% | 8.08% | 8.17% | 10.21% | 10.2% | 9.37% | 9.19% | 10.03% | 10.63% | 7.71% | 6.88% | 8.08% | 9.5% | 8.74% | 8.31% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 2.07% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 |
| Operating Income | -27M | -35M | -43M | -35M | -61M | 48M | 54M | 76M | 41M | 8M | 32M | 84M | 62M | 36M | 163M | 190M | 69M | 134M | 168M | 150M |
| Operating Margin % | -3.55% | -4.79% | -6.15% | -4.79% | -8.27% | 7.1% | 6.72% | 9.27% | 5.3% | 1.17% | 4.83% | 10.58% | 8.76% | 5.55% | 18.21% | 20.11% | 7.15% | 15.16% | 19.31% | 16.18% |
| Operating Income Growth % | 55.74% | -172.92% | -179.63% | -146.05% | -248.78% | 500% | 68.75% | -9.52% | -33.87% | -77.78% | -80.37% | -55.79% | -10.14% | -73.13% | -2.98% | 26.67% | -44.8% | 42.55% | 242.86% | 206.12% |
| EBITDA | 48M | 47M | 32M | 39M | 10M | 119M | 130M | 153M | 113M | 77M | 103M | 155M | 133M | 104M | 229M | 257M | 137M | 207M | 240M | 224M |
| EBITDA Margin % | 6.32% | 6.44% | 4.58% | 5.34% | 1.35% | 17.6% | 16.17% | 18.66% | 14.6% | 11.22% | 15.56% | 19.52% | 18.79% | 16.02% | 25.59% | 27.2% | 14.2% | 23.42% | 27.59% | 24.16% |
| EBITDA Growth % | 380% | -60.5% | -75.38% | -74.51% | -91.15% | 54.55% | 26.21% | -1.29% | -15.04% | -25.96% | -55.02% | -39.69% | -2.92% | -49.76% | -4.58% | 14.73% | -35.38% | 15.64% | 92% | 85.12% |
| D&A (Non-Cash Add-back) | 75M | 82M | 75M | 74M | 71M | 71M | 76M | 77M | 72M | 69M | 71M | 71M | 71M | 68M | 66M | 67M | 68M | 73M | 72M | 74M |
| EBIT | -27M | -125M | -44M | -36M | -64M | 56M | 43M | 97M | 44M | 4M | 44M | 91M | 67M | 6M | 173M | 180M | 66M | 138M | 178M | 133M |
| Net Interest Income | -51M | -52M | -47M | -44M | -40M | -40M | -39M | -40M | -38M | -37M | -38M | -35M | -30M | -30M | -30M | -26M | -30M | -31M | -36M | -34M |
| Interest Income | 2M | 2M | 1M | 1M | 2M | 1M | 3M | 2M | 4M | 8M | 4M | 3M | 3M | 3M | 2M | 2M | 2M | 3M | 1M | 2M |
| Interest Expense | 53M | 54M | 48M | 45M | 42M | 41M | 42M | 42M | 42M | 45M | 42M | 38M | 33M | 33M | 32M | 28M | 32M | 34M | 37M | 36M |
| Other Income/Expense | -77M | -144M | -49M | -46M | -45M | -33M | -53M | -21M | -39M | -40M | -38M | -31M | -28M | -55M | -22M | -38M | -35M | -30M | -27M | -53M |
| Pretax Income | -104M | -179M | -92M | -81M | -106M | 15M | 1M | 55M | 2M | -32M | -6M | 53M | 34M | -19M | 141M | 152M | 34M | 104M | 141M | 97M |
| Pretax Margin % | -13.68% | -24.52% | -13.16% | -11.08% | -14.36% | 2.22% | 0.12% | 6.71% | 0.26% | -4.66% | -0.91% | 6.68% | 4.8% | -2.93% | 15.75% | 16.08% | 3.52% | 11.76% | 16.21% | 10.46% |
| Income Tax | -1K | -2M | 8M | 4M | 5M | 45M | 26M | 45M | 11M | 24M | 8M | 322M | 9M | -5M | 18M | -223M | 18M | 17M | 28M | 20M |
| Effective Tax Rate % | 0% | 1.12% | -8.7% | -4.94% | -4.72% | 300% | 2600% | 81.82% | 550% | -75% | -133.33% | 607.55% | 26.47% | 26.32% | 12.77% | -146.71% | 52.94% | 16.35% | 19.86% | 20.62% |
| Net Income | -103K | -176M | -99M | -84M | -111M | -30M | -25M | 16M | -9M | -56M | -14M | -269M | 23M | -15M | 121M | 375M | 16M | 83M | 111M | 73M |
| Net Margin % | -0.01% | -24.11% | -14.16% | -11.49% | -15.04% | -4.44% | -3.11% | 1.95% | -1.16% | -8.16% | -2.11% | -33.88% | 3.25% | -2.31% | 13.52% | 39.68% | 1.66% | 9.39% | 12.76% | 7.87% |
| Net Income Growth % | 99.91% | -486.67% | -296% | -625% | -1133.33% | 46.43% | -78.57% | 105.95% | -139.13% | -273.33% | -111.57% | -171.73% | 43.75% | -118.07% | 9.01% | 413.7% | -15.79% | 84.44% | -87.61% | 1925% |
| Net Income (Continuing) | -103K | -177M | -100M | -85M | -111M | -30M | -25M | 10M | -9M | -56M | -14M | -269M | 25M | -14M | 123M | 375M | 16M | 87M | 113M | 77M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 32K | 31M | 32M | 33M | 32M | 30M | 33M | 33M | 43M | 44M | 43M | 45M | 50M | 46M | 51M | 51M | 56M | 48M | 49M | 54M |
| EPS (Diluted) | -0.65 | -1.11 | -0.63 | -0.53 | -0.70 | -0.19 | -0.16 | 0.10 | -0.06 | -0.36 | -0.09 | -1.72 | 0.15 | -0.09 | 0.77 | 2.37 | 0.10 | 0.52 | 0.70 | 0.46 |
| EPS Growth % | 7.14% | -484.21% | -293.75% | -630% | -1123.78% | 47.22% | -79.17% | 105.81% | -138.13% | -297.35% | -111.6% | -172.57% | 50% | -117.42% | 10% | 415.22% | -16.67% | 67.74% | -88.67% | 1748.75% |
| EPS (Basic) | -0.65 | -1.11 | -0.63 | -0.53 | -0.70 | -0.19 | -0.16 | 0.10 | -0.06 | -0.36 | -0.09 | -1.72 | 0.15 | -0.09 | 0.78 | 2.41 | 0.10 | 0.54 | 0.72 | 0.47 |
| Diluted Shares Outstanding | 158.89M | 158.62M | 158.6M | 158.36M | 158.14M | 158.04M | 158.09M | 159.29M | 157.33M | 156.82M | 156.82M | 156.78M | 156.64M | 154.53M | 156.95M | 158.45M | 159.58M | 159.84M | 159.02M | 158.96M |
| Basic Shares Outstanding | 158.89M | 158.62M | 158.6M | 158.36M | 158.14M | 158.04M | 158.09M | 158.12M | 157.33M | 156.82M | 156.82M | 156.78M | 155.18M | 154.53M | 154.55M | 155.87M | 154.63M | 153.94M | 153.76M | 153.56M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | 250% | - | - | - | - | 8.7% | - | 15.7% | 10.67% | 6.25% | 22.89% | 16.22% | 19.18% |