Financial Statements — TROX
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.19 | 0.13 | 0.19 | 0.13 | 0.14 | 0.17 | 0.20 | 0.15 | 0.25 | 0.17 | 0.12 | 0.09 | 0.11 | 0.29 | 0.31 | 0.30 | 0.76 |
| Accounts Receivable | 0.36 | 0.33 | 0.30 | 0.29 | 0.32 | 0.37 | 0.38 | 0.38 | 0.29 | 0.37 | 0.41 | 0.58 | 0.64 | 0.65 | 0.63 | 0.68 | 0.65 |
| Inventory | 1.46 | 1.58 | 1.69 | 1.69 | 1.61 | 1.48 | 1.42 | 1.40 | 1.42 | 1.40 | 1.36 | 1.13 | 1.11 | 1.05 | 1.01 | 1.02 | 1.05 |
| Total Current Assets | 2.14 | 2.17 | 2.31 | 2.24 | 2.19 | 2.22 | 2.23 | 2.16 | 2.13 | 2.08 | 2.02 | 1.97 | 2.00 | 2.19 | 2.10 | 2.19 | 2.64 |
| Property, Plant & Equipment | 1.99 | 1.97 | 2.02 | 2.00 | 1.92 | 1.94 | 1.84 | 1.80 | 1.77 | 1.79 | 1.82 | 1.75 | 1.75 | 1.77 | 1.72 | 1.73 | 1.71 |
| Intangible Assets | 0.20 | 0.21 | 0.22 | 0.23 | 0.24 | 0.25 | 0.25 | 0.24 | 0.25 | 0.25 | 0.25 | 0.25 | 0.24 | 0.23 | 0.21 | 0.21 | 0.20 |
| Total Non-current Assets* | 3.81 | 3.89 | 4.00 | 3.95 | 3.88 | 3.97 | 3.87 | 3.86 | 3.91 | 3.97 | 4.34 | 4.19 | 4.22 | 4.03 | 3.94 | 4.00 | 3.98 |
| Total Assets | 5.95 | 6.06 | 6.30 | 6.19 | 6.07 | 6.19 | 6.10 | 6.02 | 6.04 | 6.06 | 6.36 | 6.16 | 6.22 | 6.22 | 6.04 | 6.18 | 6.62 |
| Accounts Payable | 0.40 | 0.42 | 0.43 | 0.50 | 0.48 | 0.49 | 0.46 | 0.40 | 0.37 | 0.44 | 0.41 | 0.43 | 0.51 | 0.49 | 0.39 | 0.38 | 0.38 |
| Short-term Debt | 0.07 | 0.13 | 0.06 | 0.27 | 0.18 | 0.02 | 0.00 | 0.00 | 0.02 | 0.20 | 0.18 | 0.08 | 0.07 | -- | -- | -- | -- |
| Total Current Liabilities | 0.84 | 0.90 | 0.85 | 1.07 | 0.96 | 0.82 | 0.75 | 0.69 | 0.64 | 0.94 | 0.92 | 0.84 | 0.89 | 0.92 | 0.78 | 0.79 | 1.25 |
| Long-term Debt | 3.12 | 3.12 | 3.14 | 2.75 | 2.75 | 2.77 | 2.78 | 2.78 | 2.79 | 2.45 | 2.46 | 2.46 | 2.45 | 2.57 | 2.68 | 2.80 | 2.90 |
| Total Non-current Liabilities* | 3.92 | 3.84 | 3.86 | 3.44 | 3.40 | 3.43 | 3.42 | 3.41 | 3.36 | 3.03 | 3.05 | 3.00 | 3.01 | 3.16 | 3.27 | 3.41 | 3.51 |
| Total Liabilities | 4.76 | 4.74 | 4.71 | 4.51 | 4.36 | 4.25 | 4.17 | 4.10 | 4.00 | 3.97 | 3.96 | 3.84 | 3.89 | 4.09 | 4.04 | 4.21 | 4.77 |
| Retained Earnings | (0.24) | (0.07) | 0.21 | 0.32 | 0.43 | 0.61 | 0.65 | 0.66 | 0.76 | 0.79 | 1.08 | 1.12 | 1.01 | 0.66 | 0.60 | 0.50 | 0.44 |
| Total Stockholder Equity | 1.16 | 1.29 | 1.56 | 1.65 | 1.67 | 1.91 | 1.90 | 1.88 | 1.99 | 2.04 | 2.35 | 2.27 | 2.28 | 2.07 | 1.95 | 1.92 | 1.81 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 868.00 | 760.00 | 730.00 | 699.00 | 731.00 | 738.00 | 676.00 | 804.00 | 820.00 | 774.00 | 686.00 | 662.00 | 794.00 | 708.00 | 649.00 | 895.00 | 945.00 | 965.00 | 884.00 | 870.00 |
| Cost of Revenue* | 813.00 | 716.00 | 691.00 | 647.00 | 652.00 | 639.00 | 559.00 | 676.00 | 670.00 | 654.00 | 608.00 | 568.00 | 637.00 | 575.00 | 544.00 | 663.00 | 682.00 | 733.00 | 666.00 | 626.00 |
| Gross Profit | 55.00 | 44.00 | 39.00 | 52.00 | 79.00 | 99.00 | 117.00 | 128.00 | 150.00 | 120.00 | 78.00 | 94.00 | 157.00 | 133.00 | 105.00 | 232.00 | 263.00 | 232.00 | 218.00 | 244.00 |
| Selling, General & Admin | 72.00 | 71.00 | 74.00 | 70.00 | 72.00 | 74.00 | 69.00 | 74.00 | 74.00 | 79.00 | 70.00 | 62.00 | 73.00 | 71.00 | 69.00 | 69.00 | 73.00 | 78.00 | 84.00 | 76.00 |
| Total Operating Expenses | 76.00 | 85.00 | 153.00 | 95.00 | 114.00 | 160.00 | 69.00 | 74.00 | 74.00 | 79.00 | 70.00 | 62.00 | 73.00 | 71.00 | 69.00 | 69.00 | 77.00 | 163.00 | 84.00 | 76.00 |
| Operating Income | (21.00) | (41.00) | (114.00) | (43.00) | (35.00) | (61.00) | 48.00 | 54.00 | 76.00 | 41.00 | 8.00 | 32.00 | 84.00 | 62.00 | 36.00 | 163.00 | 190.00 | 69.00 | 134.00 | 168.00 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 42.00 | 45.00 | 42.00 | 38.00 | 33.00 | 33.00 | 32.00 | 28.00 | 32.00 | 34.00 | 37.00 |
| Pretax Income | (67.00) | (104.00) | (179.00) | (92.00) | (81.00) | (106.00) | 15.00 | 1.00 | 55.00 | 2.00 | (32.00) | (6.00) | 53.00 | 34.00 | (19.00) | 141.00 | 152.00 | 34.00 | 104.00 | 141.00 |
| Tax Provision | 106.00 | 0.00 | (2.00) | 8.00 | 4.00 | 5.00 | 45.00 | 26.00 | 45.00 | 11.00 | 24.00 | 8.00 | 322.00 | 9.00 | (5.00) | 18.00 | (223.00) | 18.00 | 17.00 | 28.00 |
| Net Income | (171.00) | (103.00) | (176.00) | (99.00) | (84.00) | (111.00) | (30.00) | (25.00) | 16.00 | (9.00) | (56.00) | (14.00) | (269.00) | 23.00 | (15.00) | 121.00 | 375.00 | 16.00 | 83.00 | 111.00 |
| Basic EPS | (1.07) | (0.65) | (1.11) | (0.63) | (0.53) | (0.70) | (0.19) | (0.16) | 0.10 | (0.06) | (0.36) | (0.09) | (1.72) | 0.15 | (0.07) | 0.78 | 2.40 | 0.10 | 0.56 | 0.72 |
| Diluted EPS | (1.07) | (0.65) | (1.11) | (0.63) | (0.53) | (0.70) | (0.19) | (0.16) | 0.10 | (0.06) | (0.36) | (0.09) | (1.72) | 0.15 | (0.08) | 0.77 | 2.37 | 0.10 | 0.53 | 0.70 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 105.00 | (68.00) | 121.00 | (57.00) | 28.00 | (32.00) | 82.00 | 87.00 | 160.00 | (29.00) | 110.00 | 17.00 | 136.00 | (79.00) | 240.00 | 137.00 | 32.00 | 189.00 | -- | 256.00 |
| Capital Expenditures | 45.00 | 67.00 | 68.00 | 80.00 | 83.00 | 110.00 | 117.00 | 101.00 | 76.00 | 76.00 | 59.00 | 54.00 | 55.00 | 93.00 | 114.00 | 112.00 | 99.00 | 103.00 | 89.00 | 65.00 |
| Free Cash Flow* | 60.00 | (135.00) | 53.00 | (137.00) | (55.00) | (142.00) | (35.00) | (14.00) | 84.00 | (105.00) | 51.00 | (37.00) | 81.00 | (172.00) | 126.00 | 25.00 | (67.00) | 86.00 | -- | 191.00 |
| Investing Cash Flow | (30.00) | (67.00) | (73.00) | (79.00) | (81.00) | (95.00) | (117.00) | (90.00) | (60.00) | (76.00) | (56.00) | (54.00) | (54.00) | (91.00) | (104.00) | (110.00) | (99.00) | (102.00) | -- | (65.00) |
| Financing Cash Flow | (10.00) | 67.00 | (24.00) | 189.00 | 48.00 | 108.00 | 26.00 | (34.00) | (51.00) | (12.00) | (31.00) | 115.00 | (28.00) | 120.00 | (66.00) | (41.00) | (114.00) | (29.00) | (125.00) | (179.00) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Dividends Per Share | 0.05 | 0.05 | 0.05 | 0.05 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.10 | 0.10 | 0.08 |
