Kronos Worldwide Inc
Q2 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.34%.
Did KRO Beat Earnings? Q2 2026 Results
Kronos Worldwide delivered a sharply stronger-than-expected second quarter, posting GAAP earnings of $0.13 per share against a consensus estimate of $0.07, an 85.71% beat, while swinging from a net loss of $0.08 per share in Q2 2025 to profitability a year later. Revenue climbed 12.9% year-over-year to $558.10 million, beating the $502.42 million consensus by 11.08%, as a 16% surge in TiO2 sales volumes, broad market share gains, and cost reduction initiatives implemented in Q4 2025 collectively drove results well above expectations. TiO2 segment profit nearly quadrupled to $41.00 million from $10.90 million, and EBITDA more than doubled to $52.90 million, reflecting both the volume lift and meaningfully lower raw material and unabsorbed fixed costs. The stock has already attracted attention for its 36% year-to-date rally heading into results, and management signaled continued confidence, noting positive momentum entering the second half, with ongoing pricing actions and disciplined cost management expected to counter elevated energy expenses.
- TiO2 sales volumes increased 16% year-over-year in Q2 2026, driven by market share gains across all markets
- Cost reduction initiatives implemented in Q4 2025 designed to permanently improve cost structure and operational efficiency
- Lower raw material costs, primarily feedstock costs
- Lower unabsorbed fixed costs from improved production volumes
- Favorable currency exchange rate impact increased net sales by approximately $10 million in Q2 2026
- Average TiO2 selling prices increased 4% during the first six months of 2026
“Our second quarter results reflect solid progress against the priorities we established at the beginning of the year. Higher sales volumes, improving operating performance and the benefits of our cost reduction initiatives contributed to stronger results during the quarter. We believe we have positive momentum entering the second half of 2026, driven by continued execution of our operational, commercial and cost reduction initiatives. While energy and related costs remain elevated, we expect ongoing pricing actions and disciplined cost management to help offset these pressures. Despite a challenging macroeconomic environment, we remain focused on controlling what we can control through disciplined execution, delivering sustainable earnings improvement and generating stronger cash flow.”
Kronos Worldwide CEO, on the earnings call
Forward Guidance & Outlook
The company believes it has positive momentum entering the second half of 2026, driven by continued execution of operational, commercial, and cost reduction initiatives. While energy and related costs remain elevated, the company expects ongoing pricing actions and disciplined cost management to help offset these pressures. During Q2 2026, the company announced and implemented various price increases and surcharges in response to higher operating costs. Average TiO2 selling prices increased 4% during the first six months of 2026. Despite a challenging macroeconomic environment, the company remains focused on disciplined execution, delivering sustainable earnings improvement and generating stronger cash flow.
KRO YoY Financials
KRO Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.