10-K · March 11, 2026
Tredegar Corporation reported a significant improvement in financial performance for the year ended December 31, 2025, with net sales increasing to $722.9 million from $598.0 million in 2024, driven by higher sales…
Earnings analysis · 10-Q
TG earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
In Q1 2026, Tredegar Corporation reported net income from continuing operations of $5.1 million ($0.15 per diluted share), a significant increase from $0.7 million ($0.02 per diluted share) in Q1 2025. Revenue grew to…
Read full summary
In Q1 2026, Tredegar Corporation reported net income from continuing operations of $5.1 million ($0.15 per diluted share), a significant increase from $0.7 million ($0.02 per diluted share) in Q1 2025. Revenue grew to $186.5 million from $164.7 million a year earlier, but gross margin declined to 12.6% from 14.3% due to pressures in the High Performance Films segment. Despite challenges faced in this segment, the Aluminum Extrusions division showed strong performance, driven by higher selling prices offsetting volume declines.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.15
- Gross margin
- 12.6%
What stood out
-
Strong Revenue Growth
Tredegar reported Q1 2026 revenue of $186.5M, up 13.2% year-over-year from $164.7M.
-
Improved EPS
Diluted EPS improved to $0.15 in Q1 2026 from $0.02 in Q1 2025.
-
Aluminum Extrusions Growth
Net sales in the Aluminum Extrusions segment rose 19.3% to $159.5M, driven mainly by higher priced metal.
-
Decrease in Corporate Expenses
Corporate expenses decreased by $2.9M compared to Q1 2025, reflecting lower business development fees.
-
Lower Interest Expense
Interest expense was reduced to $0.4M in Q1 2026 from $1.0M in Q1 2025 due to lower debt levels.
-
Improved Operating Cash Flow
Operating cash flow turned positive at $2.0M in Q1 2026 compared to a negative $5.0M in Q1 2025.
What to watch
-
High Performance Films Decline
Net sales in the High Performance Films segment dropped 15.7% to $21.5M, driven by lower sales volume.
-
Increased Inventories
Inventories surged by $19.1M (29.4%) compared to the previous year, reflecting geopolitical uncertainty.
-
Reduced Sales Volume
Sales volume for Aluminum Extrusions fell 7.3% to 35.2 million lbs compared to 37.9 million lbs year-on-year.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · November 7, 2025
Tredegar Corporation reported a strong third quarter of 2025, with revenue rising to $195 million, a 33.6% increase from the prior year, and EPS improving to $0.26 compared to a loss of $0.11 in Q3 2024. Operating cash…
10-Q · August 8, 2025
Tredegar Corporation's Q2 2025 results show mixed performance, with revenue growing to $172.963 million from $148.610 million in Q2 2024, driven by a 24.2% increase in Aluminum Extrusions sales. However, the diluted EPS…
10-Q · May 8, 2025
Tredegar Corporation reported a revenue increase to $165 million for Q1 2025, a rise of 14.6% from Q4 2024 and 14.6% compared to Q1 2024. Despite this growth, gross margin decreased to 14.3%, and operating income fell…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.