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Otter Tail OTTR Plastics — Net Income

Other segment segments

Manufacturing
$4.57M+31.3%

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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$124,602$125,586$216,200$231,533
Cost of Goods Sold52,66146,92992,67887,016
Selling, General, and Administrative Expenses7,8746,62314,75213,608
Legal Settlement Expenses103,500103,500
Interest Expense325246472392
Income Tax (Benefit) Expense(9,678)18,6841,94133,977
Other Segment Items1(2)(3)
Net Income (Loss)$(30,081)$53,104$2,859$96,543

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Otter Tail's plastics — net income?
Otter Tail (OTTR) reported plastics — net income of -$30.08M in Q2 2026.
How has Otter Tail's plastics — net income changed year-over-year?
Otter Tail's plastics — net income decreased by 156.6% year-over-year, from $53.1M to -$30.08M.
What is the long-term trend for Otter Tail's plastics — net income?
Over 4 years (2021 to 2025), Otter Tail's plastics — net income has grown at a 14.9% compound annual growth rate (CAGR), from $97.82M to $170.4M.
What does plastics — net income mean?
The residual profit of the plastics segment after all operating expenses, interest, taxes, and other costs have been deducted from total revenues. It serves as the primary indicator of the segment's overall financial health and profitability.

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