Filing Flows › Tronox Holdings (TROX) › Q3 2026 › vs Q2 2026
Tronox Holdings (TROX) Q3 2026 vs Q2 2026 (quarter over quarter)
Tronox Holdings's revenue fell $41.0M (-5%) from $868M in Q2 2026 to $827M in Q3 2026. The biggest changes: TiO2 −$47.0M (-7%); Other Products +$10.0M (+14%); Zircon −$4.0M (-4%).
Tronox Holdings, Q3 2026: revenue $827M (+18% year over year), operating margin 1.5%, net loss $56.0M, operating cash flow $62.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.6% | 6.9% | -6.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| TiO2 | $653M | $700M | −$47.0M | -7% |
| Zircon | $93.0M | $97.0M | −$4.0M | -4% |
| Other Products | $81.0M | $71.0M | $10.0M | +14% |
| Revenue | $827M | $868M | −$41.0M | -5% |
| Net loss | $56.0M | $173M | −$117M | -68% |
| Costs & expenses | $883M | $1.0B | −$158M | -15% |
| Operating costs | $815M | $889M | −$74.0M | -8% |
| Interest & other, net | $62.0M | $46.0M | $16.0M | +35% |
| Income tax | $6.0M | $106M | −$100M | -94% |
| Cost of revenue | $750M | $813M | −$63.0M | -8% |
| Operating expenses | $65.0M | $76.0M | −$11.0M | -14% |
| Operating cash sources | $118M | $278M | −$160M | -58% |
| Depreciation & amortization | $76.0M | $76.0M | $0 | 0% |
| Share-based compensation | $6.0M | $5.0M | $1.0M | +20% |
| Working capital & other | $36.0M | $197M | −$161M | -82% |
| Net loss absorbed | $56.0M | $173M | −$117M | -68% |
| Operating cash flow | $62.0M | $105M | −$43.0M | -41% |
| Free cash flow (OCF − capex) | $5.0M | $60.0M | −$55.0M | -92% |
| Capital expenditures | $57.0M | $45.0M | $12.0M | +27% |
Questions
How much did Tronox Holdings's revenue grow quarter over quarter in Q3 2026?
Tronox Holdings's revenue fell $41.0M (-5%) from $868M in Q2 2026 to $827M in Q3 2026.
What drove Tronox Holdings's revenue change in Q3 2026?
TiO2 −$47.0M (-7%); Other Products +$10.0M (+14%); Zircon −$4.0M (-4%).