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Otter Tail OTTR Operating Income

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Other financials

Income statement

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Revenue$334.4M+0.6%
Gross profit$216.0M-4.6%
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:OperatingIncomeLoss.

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
Electric Property Taxes5,1214,2279,5838,455
Legal Settlement Expenses103,500103,500
Total Operating Expenses358,585235,585620,374488,939
Operating Income (Loss)(24,202)97,45861,035181,457
Other Income and (Expense)
Interest Expense(12,890)(11,720)(25,526)(23,273)
Nonservice Components of Postretirement Benefits1,0508541,4942,136
Other Income (Expense), net7,2784,78811,7209,244

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Otter Tail's operating income?
Otter Tail (OTTR) reported operating income of -$24.2M in Q2 2026.
How has Otter Tail's operating income changed year-over-year?
Otter Tail's operating income decreased by 124.8% year-over-year, from $97.46M to -$24.2M.
What is the long-term trend for Otter Tail's operating income?
Over 4 years (2021 to 2025), Otter Tail's operating income has grown at a 8.5% compound annual growth rate (CAGR), from $249.71M to $345.68M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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