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Otter Tail OTTR Manufacturing — Net Income

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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)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating Revenue$88,461$78,726$178,021$160,412
Cost of Goods Sold69,41963,311140,621131,827
Selling, General, and Administrative Expenses12,54410,35024,77221,093
Interest Expense5916271,1901,249
Income Tax Expense1,3369582,5851,230
Other Segment Items(1)(1)
Net Income$4,571$3,481$8,854$5,013

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Otter Tail's manufacturing — net income?
Otter Tail (OTTR) reported manufacturing — net income of $4.57M in Q2 2026.
How has Otter Tail's manufacturing — net income changed year-over-year?
Otter Tail's manufacturing — net income increased by 31.3% year-over-year, from $3.48M to $4.57M.
What is the long-term trend for Otter Tail's manufacturing — net income?
Over 4 years (2021 to 2025), Otter Tail's manufacturing — net income has grown at a -9.5% compound annual growth rate (CAGR), from $17.19M to $11.52M.
What does manufacturing — net income mean?
This metric represents the final profit generated by the manufacturing segment after deducting all operating expenses, interest, and taxes. It is the primary measure of the segment's bottom-line contribution to the company's total earnings.

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