Here are the 10-Q quarterly reports from Kronos Worldwide, Inc. (KRO) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow KRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KRO filings page.
Kronos Worldwide (KRO) reported third-quarter 2026 net sales of $541.1 million, up 18% from $456.9 million, and net income of $34.8 million, versus a $37.0 million loss a year earlier. Gross margin was $127.4 million versus $47.0 million. The company cited higher sales and production volumes, lower feedstock and production costs, and higher average TiO2 selling prices; net income included a $12.1 million non-cash deferred tax benefit.
Nine-month net sales were $1,609.0 million, up 12%, and net income was $45.2 million versus a $28.1 million loss. Operating activities provided $54.9 million of cash, compared with $89.6 million used a year earlier. At September 30, 2026, total debt was $539.9 million, cash, cash equivalents and restricted cash totaled $40.1 million, and Global Revolver availability was approximately $254 million.
Management expects full-year 2026 net sales and sales volumes to exceed 2025 levels, with gross and operating income margins expected to improve.
Kronos Worldwide, Inc., a global titanium dioxide producer, reported stronger results for 2026. For the three months ended June 30, 2026, net sales were $558.1 million and net income was $15.2 million, or $0.13 per share, compared with a loss in the prior-year quarter. Gross margin improved to 18% of net sales as higher TiO₂ sales volumes, lower raw material and production costs, and reduced unabsorbed fixed costs more than offset lower average selling prices and currency headwinds.
For the first six months of 2026, net sales were $1,067.9 million and net income was $10.4 million, or $0.09 per share. TiO₂ sales volumes rose 10% year over year while average selling prices declined 4%. Cash from operations turned slightly positive at $2.0 million, helped by a significant inventory drawdown that reduced days sales in inventory to 35 days. At June 30, 2026, the company held $34.5 million in cash, cash equivalents and restricted cash, total debt of $569.6 million (including $487.7 million of 9.50% Senior Secured Notes and $28.2 million drawn on its Global Revolver), with about $261 million of revolver availability. Management continues quarterly dividends of $0.05 per share and expects 2026 net sales and margins to exceed 2025, supported by higher volumes, ongoing cost reduction benefits from 2025 restructuring, and further pricing initiatives, while demand in North America remains below historical levels.
Kronos Worldwide, Inc. reported a small net loss in the first quarter of 2026 as softer pricing outweighed higher volumes and cost savings. Net sales rose to $509.8 million from $489.8 million, driven by a 4% increase in TiO₂ sales volumes and favorable currency movements, partly offset by a 6% decline in average TiO₂ selling prices.
Gross margin narrowed to 16% of sales from 22% as lower prices and higher reported cost of sales more than offset lower production costs and reduced unabsorbed fixed costs. The company posted a net loss of $4.8 million, or $(0.04) per share, versus net income of $18.1 million, or $0.16 per share, a year earlier, including $2.0 million of income tax expense for an uncertain German tax position. Operating cash outflow improved to $51.3 million from $102.4 million as inventories declined, while long-term debt increased to $602.7 million, supported by Global Revolver availability of about $287 million.
Kronos Worldwide (KRO) reported weaker results. Q3 2025 net sales were $456.9 million, down 6% year over year, with gross margin falling to 10% from 21%. The company posted a net loss of $37.0 million, versus $71.8 million of net income a year ago. Management cited lower TiO2 selling prices and reduced production rates that drove approximately $27 million of unabsorbed fixed costs in the quarter.
For the first nine months, net sales were $1.44 billion (down 2%) and net loss was $28.1 million. Operating cash flow used was $89.6 million, reflecting inventory positioning and lower absorption. Interest expense increased, and income tax expense includes a non-cash $19.3 million charge tied to Germany’s corporate tax rate reduction. Debt rose as KII issued an additional €75 million of 9.50% senior secured notes due 2029 to refinance 3.75% notes; long-term debt increased to $626.2 million, and the Global Revolver was upsized to $350 million with $70.2 million outstanding.