Every 10-Q that Minerals Technologies Inc (MTX) has filed with the SEC in the last 24 months is listed below, 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 MTX 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 MTX filings page.
Minerals Technologies Inc. reported Q2 2026 net sales of $548.4 million, up 4% year over year, but a net loss attributable to shareholders of $183.6 million or $(5.90) per share, versus earnings of $45.4 million in Q2 2025, driven by a large litigation-related charge.
The company recorded a $290 million provision to increase reserves for funding a trust to resolve current and future talc-related claims and to support related bankruptcy and litigation costs. Despite this corporate-level charge, operating segments remained profitable, generating Q2 segment income from operations of $78.1 million.
For the first half of 2026, net sales were $1,095.3 million, up 7%, with a net loss of $147.4 million. Cash, cash equivalents and short-term investments totaled $346.2 million, total assets were $3,495.2 million, and long-term debt was $952.9 million, supporting more than $700 million of available liquidity.
Minerals Technologies Inc. (MTX) returned to profitability in Q1 2026 as sales and margins improved while prior-year talc-related charges rolled off. Net sales rose 11% to $546.9 million, and net income attributable to MTX was $36.2 million, or $1.17 per diluted share, versus a $144.0 million loss a year earlier.
Both segments grew: Consumer & Specialties sales increased 11% to $296.6 million and Engineered Solutions rose 12% to $250.3 million, with segment operating income up 18% and 17%, respectively. Operating income reached $58.7 million including $8.8 million of talc-related litigation expenses, compared with a prior-year operating loss driven by a $215 million talc provision and restructuring costs. Cash from operations was $32.1 million; cash, cash equivalents and short-term investments totaled $321.3 million against $960.2 million of total debt, and management highlighted more than $700 million of available liquidity.
Minerals Technologies (MTX) reported Q3 2025 results with net sales of $532.4 million, up 1% year over year. Income from operations was $70.9 million versus $76.6 million a year ago, reflecting $7.5 million of litigation expenses related to Oldco’s talc matters. Diluted EPS was $1.37 compared with $1.45.
By segment, Engineered Solutions grew sales 4% to $255.0 million with operating income of $44.8 million (17.6% margin). Consumer & Specialties sales declined 1% to $277.4 million with operating income of $37.4 million (13.5% margin).
Year to date, net sales were $1,553.1 million (down 3%) and MTX recorded a loss from operations of $14.6 million, driven by a $215.0 million provision for litigation reserve and credit losses in Q1. Net loss attributable to MTX was $55.6 million.
Cash from operations was $129.4 million for the first nine months. MTX repurchased $17 million of shares in Q3 and $47.5 million year to date, and paid $10.4 million in dividends. Cash, cash equivalents and short-term investments totaled $328.3 million at quarter end, and the company cited more than $700 million of available liquidity. Long‑term debt stood at $957.8 million. Shares outstanding were 31,134,308 as of October 14, 2025.
Minerals Technologies (MTX) Q2-25 10-Q highlights
Net sales slipped 2% YoY to $528.9 m, but operating income jumped 47% to $74.6 m as the prior-year $30 m DIP credit-loss provision did not recur. Net income attributable to MTX rose to $45.4 m ($1.44 EPS) from $19.7 m ($0.61 EPS). Production margin eased 70 bp to 25.9% as volume softened; SG&A and R&D were held flat as a percent of sales. The quarter includes a $5.8 m restructuring charge for facility consolidation and a $5.6 m gain on the China refractories divestiture.
For the first half, revenue fell 5% to $1.02 bn and the company posted a $98.6 m net loss, driven by a $215 m reserve to fund a talc-related trust and Chapter 11 costs. Cash was $313.8 m; total liquidity exceeds $650 m including the $400 m revolver (only $17 m drawn). Net debt remained essentially flat at $959 m; leverage covenant (max 4×) remains satisfied.
Current liabilities swelled to $603 m (vs $398 m YE-24) largely from the litigation reserve. Shareholders’ equity fell 6% to $1.69 bn after repurchasing $30.5 m of stock H1 and recording OCI gains of $40 m on FX translation. Segmentally, Consumer & Specialties contributed $34.0 m operating profit (-23%), Engineered Solutions $46.8 m (+5%).
Key themes:
- Litigation remains the dominant swing factor; Chapter 11 process ongoing.
- Core operations show resilient profitability despite modest sales pressure.
- Balance-sheet flexibility preserved for buybacks and capex ($47 m H1).