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Segments

By segment

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Plastics-$30.08M-157%
Manufacturing$4.57M+31.3%

Other financials

Income statement

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Revenue$334.4M+0.6%
Gross profit$216.0M-4.6%
Operating income-$24.2M-125%
Net income-$7.6M-110%
EPS (diluted)-$0.18-110%

Balance sheet

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Cash & equivalents$351.9M+14.5%
Total debt$1.2B+13.7%
Total equity$1.9B+5.8%
Total assets$4.3B+14.0%

Cash flow

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Operating cash flow$112.1M-6.5%
CapEx$139.5M+111%
Free cash flow-$27.4M-151%

Valuation

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Market cap$3.91B+18.6%
Enterprise value$4.74B+17.7%
P/E22.2×+9.5×
P/S+0.5×

Profitability

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Gross margin68.1%-0.4pp
Operating margin17.2%-10.0pp
Net margin13.4%-6.4pp
FCF margin-6%-12.2pp

Returns & leverage

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Return on equity9.7%-5.9pp
Debt / equity0.6×0.0×
Current ratio1.7×-1.6×

Where this comes from

Reported directly by Otter Tail in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Otter Tail’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001466593-26-000071
(in thousands, except per-share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other Income (Expense), net7,2784,78811,7209,244
Income (Loss) Before Income Taxes(28,764)91,38048,723169,564
Income Tax (Benefit) Expense(21,157)13,652(16,280)23,737
Net Income (Loss)$(7,607)$77,728$65,003$145,827
Weighted-Average Common Shares Outstanding:
Basic41,95541,87441,92941,850
Diluted41,95542,11842,10042,090
Earnings (Loss) Per Share:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Otter Tail's net income?
Otter Tail (OTTR) reported net income of -$7.61M in Q2 2026.
How has Otter Tail's net income changed year-over-year?
Otter Tail's net income decreased by 109.8% year-over-year, from $77.73M to -$7.61M.
What is the long-term trend for Otter Tail's net income?
Over 4 years (2021 to 2025), Otter Tail's net income has grown at a 11.8% compound annual growth rate (CAGR), from $176.77M to $275.89M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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