Filing Flows › Otter Tail (OTTR) › Q2 2026
Otter Tail (OTTR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Otter Tail (OTTR) reported revenue of $335M for the second quarter 2026 (Q2 2026), +0.7% from a year earlier and -2% from the quarter before. Operating margin was -7.2%, net loss $7.6M (2.3% of revenue).
Otter Tail, Q2 2026: revenue $335M (+0.7% year over year), operating margin -7.2%, net loss $7.6M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $335M | -2% | +0.7% |
| Operating profit | −$24.2M | -128% | -125% |
| Net earnings | −$7.6M | -110% | -110% |
| Operating cash flow | $112M | +59% | -7% |
What changed
Revenue was $334.7M in Q2 2026, up 1% year over year and down 2% from the previous quarter. Plastics was the largest line at 37% of revenue. Manufacturing added $9.7M year over year (up 12%), 423% of the total change. Electric declined 6%.
Operating costs exceeded revenue by $24.2M, an operating margin of -7.2%. Total costs grew 53% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+96%). The quarter ended with a net loss of $7.6M, after a profit of $72.6M the previous quarter. Net interest and other expense of $4.6M was the main reason.
Operating cash flow was $112.1M (down 7% year over year). Non-cash charges added back $30.8M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $86.8M. Capital expenditures of $139.5M exceeded it, leaving free cash flow of −$27.4M.
Questions
What was Otter Tail's revenue in the second quarter 2026?
Otter Tail (OTTR) reported revenue of $335M for the second quarter 2026 (Q2 2026), +0.7% from a year earlier and -2% from the quarter before.
Was Otter Tail profitable in the second quarter 2026?
Operating loss was $24.2M (-7.2% of revenue) and net loss $7.6M.
Source: Otter Tail 10-Q on SEC EDGAR.