KRO earnings analysis
What we found in KRO's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Kronos Worldwide, Inc. reported a net loss of $4.8 million for Q1 2026, down from a net income of $18.1 million in Q1 2025, primarily due to lower average TiO2 selling prices and decreased production volumes. Revenue grew by 4% year-over-year to $489.8 million, with segment profit declining significantly from $41.6 million to $15.1 million, attributed to unfavorable price adjustments and cost pressures from increased operational expenses.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 4% YOY
- Revenue for Q1 2026 increased by 4%, or $20 million, to $489.8 million compared to $469.8 million in Q1 2025.
- Net Loss Decreased from Profit
- The company posted a loss of $4.8 million in Q1 2026, down from a profit of $18.1 million in Q1 2025.
- Segment Profit Declined
- Segment profit dropped to $15.1 million in Q1 2026 from $41.6 million in the same quarter last year.
- Cost Reduction Initiatives
- Implemented cost reduction measures resulting in lower production costs despite increased costs of sales.
- Increased Sales Volumes
- Sales volumes grew 4% due to higher demand in North America and Latin America, offset by lower European volumes.
- Improved Cash Flow Efficiency
- Cash used in operating activities decreased to $51.3 million in Q1 2026 from $102.4 million in Q1 2025.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Lower TiO2 Selling Prices Persist
- Average TiO2 selling prices were 6% lower than in Q1 2025, contributing to lower revenues.
- Increased Operational Costs
- Ongoing pressure from increased energy and raw material costs, especially in Europe, negatively impacts margins.
- Geopolitical Risks,
- Ongoing conflicts and geopolitical uncertainties are anticipated to disrupt supply chains and affect market demand.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.04
- Gross margin
- 16%
- Segment
- North America
- Segment
- Europe
- Segment
- Latin America
What they said about what is next.
Management expects TiO₂ selling prices to continue rising in 2026; however, they remain below 2025 levels.
The filing reads worse than the one before it.
What came before.
- 10-K · March 9, 2026
- Kronos Worldwide, Inc. reported a significant net loss of $110.9 million in 2025, compared to a net income of $86.2 million in 2024. The decline was primarily attributed to lower TiO2 selling prices and increased…
- 10-Q · November 6, 2025
- Kronos Worldwide (KRO) reported a disappointing third quarter for 2025, with a net loss of $37 million or $0.32 per share, significantly down from a net income of $71.8 million or $0.62 per share in the same quarter…
- 10-Q · August 6, 2025
- Kronos Worldwide, Inc. reported disappointing financial results for Q2 2025, with a revenue decline to $494.4 million, down 1% from Q2 2024. The company experienced significant losses with an EPS of -$0.08, contrasting…
- 10-Q · May 7, 2025
- Kronos Worldwide, Inc. reported a strong first quarter of 2025 with revenues increasing to $490 million, up 2% from the previous year, supported by higher TiO2 selling prices and increased production volumes. Despite…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing KRO makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever