Filing Flows › Tronox Holdings (TROX) › Q2 2026
Tronox Holdings (TROX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Tronox Holdings (TROX) reported revenue of $868M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +14% from the quarter before. Operating margin was -2.4%, net loss $173M (19.9% of revenue).
Tronox Holdings, Q2 2026: revenue $868M (+19% year over year), operating margin -2.4%, net loss $173M, operating cash flow $105M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $868M | +14% | +19% |
| Operating profit | −$21.0M | — | — |
| Net earnings | −$173M | — | — |
| Operating cash flow | $105M | — | +275% |
| Free cash flow | $60.0M | — | — |
What changed
Revenue was $868.0M in Q2 2026, up 19% year over year and up 14% from the previous quarter. TiO2 was the largest line at 81% of revenue. TiO2 added $113.0M year over year (up 19%), 82% of the total change. Other Products declined 7%.
Gross margin was 6.3%, down 4.5 points from Q2 2025. Operating costs exceeded revenue by $21.0M, an operating margin of -2.4%. Operating expenses fell 33% while revenue rose 19%. The quarter ended with a net loss of $173.0M, wider than the previous quarter's $104.0M loss. Minority interests bore $2.0M of it: to shareholders the quarter was a loss of $171.0M.
Operating cash flow was $105.0M (up 275% year over year). Non-cash charges added back $76.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $197.0M. Capital expenditures of $45.0M left free cash flow of $60.0M.
Questions
What was Tronox Holdings' revenue in the second quarter 2026?
Tronox Holdings (TROX) reported revenue of $868M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +14% from the quarter before.
Was Tronox Holdings profitable in the second quarter 2026?
Operating loss was $21.0M (-2.4% of revenue) and net loss $173M.
Source: Tronox Holdings 10-Q on SEC EDGAR.