Filing Flows › Otter Tail (OTTR) › Q4 2025
Otter Tail (OTTR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 18, 2026
Otter Tail (OTTR) reported revenue of $304M for the fourth quarter 2025 (Q4 2025), +0.3% from a year earlier and -7% from the quarter before. Operating margin was 22.2%, net earnings $51.8M (17.0% of revenue).
Otter Tail, Q4 2025: revenue $304M (+0.3% year over year), operating margin 22.2%, net earnings $51.8M, operating cash flow $97.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $304M | -7% | +0.3% |
| Operating profit | $67.6M | -30% | +1% |
| Net earnings | $51.8M | -34% | -6% |
| Operating cash flow | $97.0M | -25% | -25% |
| Free cash flow | $22.3M | -45% | -28% |
What changed
Revenue was $304.0M in Q4 2025, roughly flat year over year and down 7% from the previous quarter. Electric was the largest line at 49% of revenue.
Operating profit was $67.6M, a 22.2% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 77% reached operating profit, above the 22% margin then. Total costs grew 0% against flat revenue. Net earnings were $51.8M, down 6% year over year. The effective tax rate was 16.0%.
Operating cash flow was $97.0M (down 25% year over year), 187% of net earnings. Non-cash charges added back $29.7M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $14.5M. Capital expenditures of $74.7M left free cash flow of $22.3M.
Questions
What was Otter Tail's revenue in the fourth quarter 2025?
Otter Tail (OTTR) reported revenue of $304M for the fourth quarter 2025 (Q4 2025), +0.3% from a year earlier and -7% from the quarter before.
Was Otter Tail profitable in the fourth quarter 2025?
Operating profit was $67.6M (22.2% of revenue) and net earnings $51.8M.
Source: Otter Tail 10-K on SEC EDGAR.