MINERALS TECHNOLOGIES INC. (MTX) FY2026 Q2 P&L / Income Statement

MINERALS TECHNOLOGIES INC. (MTX) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-06 through 2026-07-05. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

548,400,000 US dollars

Cost of goods sold

414,600,000 US dollars

Production margin

133,800,000 US dollars

Operating costs, net of other operating income (calculated)

354,100,000 US dollars

Income (loss) from operations

negative 220,300,000 US dollars

Total non-operating deductions, net

negative 11,000,000 US dollars

Income (loss) before tax and equity in earnings

negative 231,300,000 US dollars

Provision (benefit) for taxes on income

negative 46,200,000 US dollars

Net income (loss)

negative 182,600,000 US dollars

Consumer & Specialties

274,500,000 US dollars

Engineered Solutions

273,900,000 US dollars

Marketing and administrative expenses

53,300,000 US dollars

Research and development expenses

5,900,000 US dollars

Provision for litigation accrual and credit losses

290,000,000 US dollars

Restructuring and other items

0 US dollars

Litigation expenses

4,900,000 US dollars

Gain on sale of assets, net

0 US dollars

Equity in earnings of affiliates, net of tax

2,500,000 US dollars. Reported below-tax contribution to net income.

Consumer & Specialties costs (calculated)

245,200,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Engineered Solutions costs (calculated)

225,100,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

298,400,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Of which attributable to MINERALS TECHNOLOGIES INC.: −$183.60 M; to noncontrolling interests: $1.00 M.