Tronox Holdings plc (TROX) financial statements: income statement, balance sheet and cash flow
Tronox Holdings plc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Tronox Holdings plc reported revenue of $2.9B (-5.7% year on year) and net income of ($473.0M) (-775.9% year on year).
Income statement
Tronox Holdings plc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$2.9B
$3.1B
$2.9B
$3.5B
Cost of goods sold
$2.6B
$2.6B
$2.4B
$2.6B
Gross profit
$269.0M
$515.0M
$462.0M
$832.0M
Restructuring and other charges
$232.0M
—
—
—
Selling, general and administrative expenses
$290.0M
$296.0M
$276.0M
$289.0M
(Loss) Income from operations
($253.0M)
$219.0M
$186.0M
$458.0M
Interest expense
($189.0M)
($167.0M)
($158.0M)
($125.0M)
Interest income
$6.0M
$10.0M
$18.0M
$9.0M
Loss on extinguishment of debt
$0
($3.0M)
$0
($21.0M)
Other (expense) income, net
($22.0M)
$14.0M
$3.0M
($13.0M)
(Loss) Income before income taxes
($458.0M)
$73.0M
$49.0M
$308.0M
Income tax provision
($15.0M)
($127.0M)
($363.0M)
$192.0M
Net loss
($473.0M)
($54.0M)
($314.0M)
$500.0M
Net (loss) income attributable to noncontrolling interest
($3.0M)
($6.0M)
$2.0M
$3.0M
Net loss attributable to Tronox Holdings plc
($470.0M)
($48.0M)
($316.0M)
$497.0M
Basic (in dollars per share)
-$2.97
-$0.31
-$2.02
$3.21
Diluted (in dollars per share)
-$2.97
-$0.31
-$2.02
$3.16
Weighted average shares outstanding, basic (in thousands) (in shares)
158.5M
157.8M
156.4M
154.9M
Weighted average shares outstanding, diluted (in thousands) (in shares)
158.5M
157.8M
156.4M
157.1M
Tronox Holdings plc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$868.0M
$760.0M
$699.0M
$731.0M
Cost of goods sold
$813.0M
$716.0M
$647.0M
$652.0M
Gross profit
$55.0M
$44.0M
$52.0M
$79.0M
Restructuring and other charges
$4.0M
$14.0M
$25.0M
$42.0M
Selling, general and administrative expenses
$72.0M
$71.0M
$70.0M
$72.0M
Loss from operations
($21.0M)
($41.0M)
($43.0M)
($35.0M)
Interest expense
($56.0M)
($53.0M)
($48.0M)
($45.0M)
Interest income
$0
$2.0M
$1.0M
$1.0M
Other income (expense), net
$10.0M
($12.0M)
($2.0M)
($2.0M)
Loss before income taxes
($67.0M)
($104.0M)
($92.0M)
($81.0M)
Income tax provision
($106.0M)
$0
($8.0M)
($4.0M)
Net loss
($173.0M)
($104.0M)
($100.0M)
($85.0M)
Net loss attributable to noncontrolling interest
($2.0M)
($1.0M)
($1.0M)
($1.0M)
Net loss attributable to Tronox Holdings plc
($171.0M)
($103.0M)
($99.0M)
($84.0M)
Basic (in dollars per share)
-$1.07
-$0.65
-$0.63
-$0.53
Diluted (in dollars per share)
-$1.07
-$0.65
-$0.63
-$0.53
Weighted average shares outstanding, basic (in thousands) (in shares)
159.8M
158.9M
158.6M
158.6M
Weighted average shares outstanding, diluted (in thousands) (in shares)
159.8M
158.9M
158.6M
158.6M
Balance sheet
Tronox Holdings plc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$199.0M
$151.0M
$273.0M
$164.0M
Restricted cash
$12.0M
$1.0M
—
$0
Accounts receivable (net of allowance of $1 in 2025 and $1 in 2024)
$289.0M
$266.0M
$290.0M
$377.0M
Inventories, net
$1.7B
$1.6B
$1.4B
$1.3B
Prepaid and other assets
$112.0M
$184.0M
$141.0M
$135.0M
Income taxes receivable
$1.0M
$2.0M
$10.0M
$6.0M
Total current assets
$2.3B
$2.2B
$2.1B
$2.0B
Property, plant and equipment, net
$2.0B
$1.9B
$1.8B
$1.8B
Mineral leaseholds, net
$608.0M
$616.0M
$654.0M
$701.0M
Intangible assets, net
$214.0M
$244.0M
$243.0M
$250.0M
Lease right of use assets, net
$173.0M
$140.0M
$132.0M
$136.0M
Deferred tax assets
$833.0M
$830.0M
$917.0M
$1.2B
Other long-term assets
$117.0M
$126.0M
$218.0M
$196.0M
Total assets
$6.2B
$6.0B
$6.1B
$6.3B
Accounts payable
$481.0M
$499.0M
$461.0M
$486.0M
Accrued liabilities
$274.0M
$247.0M
$230.0M
$252.0M
Short-term lease liabilities
$22.0M
$24.0M
$24.0M
$20.0M
Obligations under inventory financing arrangement
$50.0M
—
—
—
Short-term debt
$51.0M
$65.0M
$11.0M
$50.0M
Long-term debt due within one year
$39.0M
$35.0M
$27.0M
$24.0M
Income taxes payable
$2.0M
$4.0M
$0
$18.0M
Total current liabilities
$919.0M
$874.0M
$753.0M
$850.0M
Long-term debt, net
$3.1B
$2.8B
$2.8B
$2.5B
Pension and postretirement healthcare benefits
$81.0M
$85.0M
$104.0M
$89.0M
Asset retirement obligations
$198.0M
$172.0M
$172.0M
$153.0M
Environmental liabilities
$39.0M
$40.0M
$48.0M
$51.0M
Long-term lease liabilities
$148.0M
$107.0M
$103.0M
$110.0M
Deferred tax liabilities
$208.0M
$174.0M
$149.0M
$153.0M
Other long-term liabilities
$43.0M
$36.0M
$39.0M
$33.0M
Total liabilities
$4.8B
$4.2B
$4.2B
$3.9B
Tronox Holdings plc ordinary shares, par value $0.01 — 158,557,858 shares issued and outstanding at December 31, 2025 and 157,938,056 shares issued and outstanding at December 31, 2024
2.0M
2.0M
2.0M
2.0M
Capital in excess of par value
$2.1B
$2.1B
$2.1B
$2.0B
Retained Earnings
$30.0M
$555.0M
$684.0M
$1.1B
Accumulated other comprehensive loss
($717.0M)
($880.0M)
($814.0M)
($768.0M)
Total Tronox Holdings plc shareholders’ equity
$1.4B
$1.8B
$1.9B
$2.4B
Noncontrolling interest
$31.0M
$30.0M
$44.0M
$46.0M
Total equity
$1.4B
$1.8B
$2.0B
$2.4B
Total liabilities and equity
$6.2B
$6.0B
$6.1B
$6.3B
Tronox Holdings plc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$194.0M
$126.0M
$185.0M
$132.0M
Restricted cash
$12.0M
$12.0M
$1.0M
$1.0M
Accounts receivable (net of allowance for credit losses of $1 million and $1 million as of June 30, 2026 and December 31, 2025, respectively)
$363.0M
$331.0M
$301.0M
$294.0M
Inventories, net
$1.5B
$1.6B
$1.7B
$1.7B
Prepaid and other assets
$113.0M
$119.0M
$131.0M
$124.0M
Income taxes receivable
$1.0M
$1.0M
$2.0M
$2.0M
Total current assets
$2.1B
$2.2B
$2.3B
$2.2B
Property, plant and equipment, net
$2.0B
$2.0B
$2.0B
$2.0B
Mineral leaseholds, net
$595.0M
$594.0M
$610.0M
$613.0M
Intangible assets, net
$203.0M
$208.0M
$221.0M
$227.0M
Lease right of use assets, net
$180.0M
$169.0M
$178.0M
$145.0M
Deferred tax assets
$727.0M
$834.0M
$832.0M
$833.0M
Other long-term assets
$116.0M
$113.0M
$130.0M
$133.0M
Total assets
$6.0B
$6.1B
$6.3B
$6.2B
Accounts payable
$404.0M
$419.0M
$433.0M
$500.0M
Accrued liabilities
$254.0M
$231.0M
$238.0M
$239.0M
Short-term lease liabilities
$24.0M
$22.0M
$27.0M
$25.0M
Obligations under inventory financing arrangement
$50.0M
$50.0M
$50.0M
—
Short-term debt
$68.0M
$133.0M
$58.0M
$266.0M
Long-term debt due within one year
$39.0M
$39.0M
$39.0M
$38.0M
Income taxes payable
$1.0M
$1.0M
$2.0M
$0
Total current liabilities
$840.0M
$895.0M
$847.0M
$1.1B
Long-term debt, net
$3.1B
$3.1B
$3.1B
$2.7B
Pension and postretirement healthcare benefits
$80.0M
$80.0M
$90.0M
$88.0M
Asset retirement obligations
$209.0M
$207.0M
$213.0M
$204.0M
Environmental liabilities
$30.0M
$39.0M
$31.0M
$46.0M
Long-term lease liabilities
$156.0M
$146.0M
$147.0M
$114.0M
Deferred tax liabilities
$212.0M
$204.0M
$201.0M
$191.0M
Other long-term liabilities
$109.0M
$41.0M
$45.0M
$47.0M
Total liabilities
$4.8B
$4.7B
$4.7B
$4.5B
Tronox Holdings plc ordinary shares, par value $0.01 — 159,700,029 shares issued and outstanding at June 30, 2026 and 158,557,858 shares issued and outstanding at December 31, 2025
2.0M
2.0M
2.0M
2.0M
Capital in excess of par value
$2.1B
$2.1B
$2.1B
$2.1B
(Accumulated deficit) retained earnings
($244.0M)
($73.0M)
$213.0M
$321.0M
Accumulated other comprehensive loss
($694.0M)
($741.0M)
($751.0M)
($769.0M)
Total Tronox Holdings plc shareholders’ equity
$1.2B
$1.3B
$1.6B
$1.6B
Noncontrolling interest
$30.0M
$32.0M
$32.0M
$33.0M
Total equity
$1.2B
$1.3B
$1.6B
$1.7B
Total liabilities and equity
$6.0B
$6.1B
$6.3B
$6.2B
Cash flow statement
Tronox Holdings plc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net loss
($473.0M)
($54.0M)
($314.0M)
$500.0M
Depreciation, depletion and amortization
$302.0M
$285.0M
$275.0M
$269.0M
Deferred income taxes
$12.0M
$110.0M
$330.0M
($261.0M)
Share-based compensation expense
$20.0M
$21.0M
$21.0M
$26.0M
Amortization of deferred debt issuance costs and discount on debt
$10.0M
$10.0M
$9.0M
$8.0M
Loss on extinguishment of debt
$0
$1.0M
$0
$21.0M
Restructuring and other charges
$232.0M
—
—
—
Other non-cash affecting net loss
$59.0M
$30.0M
$37.0M
$50.0M
(Increase) decrease in accounts receivable, net
($9.0M)
$11.0M
$84.0M
$233.0M
Increase in inventories, net
($26.0M)
($115.0M)
($151.0M)
($255.0M)
Decrease in prepaid and other assets
$59.0M
$40.0M
$37.0M
$47.0M
Restructuring payments
($76.0M)
—
—
—
Decrease in accounts payable and accrued liabilities
($26.0M)
($11.0M)
($84.0M)
($5.0M)
Net changes in income tax payables and receivables
($2.0M)
$10.0M
($24.0M)
$5.0M
Changes in other non-current assets and liabilities
($22.0M)
($38.0M)
($36.0M)
($40.0M)
Cash provided by operating activities
$60.0M
$300.0M
$184.0M
$598.0M
Capital expenditures
($341.0M)
($370.0M)
($261.0M)
($428.0M)
Loans
$15.0M
—
—
$0
Proceeds from the sale of assets
$4.0M
$27.0M
$6.0M
$13.0M
Purchase of investment securities
($6.0M)
—
—
—
Cash used in investing activities
($328.0M)
($343.0M)
($255.0M)
($415.0M)
Repayments of short-term debt
($144.0M)
($18.0M)
($148.0M)
($113.0M)
Repayments of long-term debt
($29.0M)
($228.0M)
($17.0M)
($516.0M)
Proceeds from short-term debt
$100.0M
$55.0M
$86.0M
$142.0M
Proceeds from inventory financing arrangement
$50.0M
—
—
—
Proceeds from long-term debt
$400.0M
$217.0M
$347.0M
$396.0M
Debt issuance costs
($7.0M)
($16.0M)
($3.0M)
($4.0M)
Dividends paid
($48.0M)
($80.0M)
($89.0M)
($87.0M)
Restricted stock and performance-based shares settled in cash for taxes
-1.0M
-1.0M
0
0
Cash provided by (used in) financing activities
$321.0M
($71.0M)
$176.0M
($250.0M)
Effects of exchange rate changes on cash and cash equivalents and restricted cash
$6.0M
($7.0M)
$4.0M
($1.0M)
Net increase (decrease) in cash and cash equivalents and restricted cash
$59.0M
($121.0M)
$109.0M
($68.0M)
Cash and cash equivalents and restricted cash at beginning of period
$152.0M
$273.0M
$164.0M
$232.0M
Cash and cash equivalents and restricted cash at end of period
$211.0M
$152.0M
$273.0M
$164.0M
Interest paid, net
$157.0M
$151.0M
$143.0M
$114.0M
Income taxes paid
$4.0M
$10.0M
$54.0M
$60.0M
Tronox Holdings plc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net loss
($277.0M)
($104.0M)
($296.0M)
($196.0M)
Depreciation, depletion and amortization
$151.0M
$75.0M
$220.0M
$145.0M
Deferred income taxes
$106.0M
$0
$14.0M
$7.0M
Share-based compensation expense
$11.0M
$6.0M
$14.0M
$9.0M
Amortization of deferred debt issuance costs and discount on debt
$6.0M
$3.0M
$7.0M
$5.0M
Restructuring and other charges
$18.0M
$14.0M
$153.0M
$128.0M
Other non-cash items affecting net loss
$9.0M
$16.0M
$43.0M
$29.0M
Increase in accounts receivable, net of allowance for credit losses
($74.0M)
($43.0M)
($24.0M)
($19.0M)
Decrease (increase) in inventories, net
$191.0M
$67.0M
($73.0M)
($76.0M)
Decrease in prepaid and other assets
$21.0M
$5.0M
$39.0M
$29.0M
Restructuring payments
($29.0M)
($19.0M)
($57.0M)
($27.0M)
Decrease in accounts payable and accrued liabilities
($84.0M)
($80.0M)
($70.0M)
($23.0M)
Net changes in income tax payables and receivables
$0
$0
($2.0M)
($5.0M)
Changes in other non-current assets and liabilities
($12.0M)
($8.0M)
($29.0M)
($10.0M)
Cash provided by (used in) operating activities
$37.0M
($68.0M)
($61.0M)
($4.0M)
Capital expenditures
($112.0M)
($67.0M)
($273.0M)
($193.0M)
Loans
$0
$0
$15.0M
$15.0M
Proceeds from dispositions and asset sales
$15.0M
—
$3.0M
$2.0M
Cash used in investing activities
($97.0M)
($67.0M)
($255.0M)
($176.0M)
Repayments of short-term debt
($99.0M)
($97.0M)
($136.0M)
($11.0M)
Repayments of long-term debt
($16.0M)
($8.0M)
($21.0M)
($14.0M)
Repayments of inventory financing arrangement
($50.0M)
($50.0M)
—
—
Proceeds from inventory financing arrangement
$50.0M
$50.0M
$50.0M
—
Proceeds from sale and leaseback transaction
$75.0M
—
—
—
Proceeds from short-term debt
$116.0M
$182.0M
$100.0M
$203.0M
Debt issuance costs
($2.0M)
($2.0M)
($7.0M)
($1.0M)
Sale and leaseback transaction costs
($1.0M)
—
—
—
Dividends paid
($16.0M)
($8.0M)
($40.0M)
($20.0M)
Restricted stock and performance-based shares settled in cash for withholding taxes
0
0
-1.0M
-1.0M
Cash provided by financing activities
$57.0M
$67.0M
$345.0M
$156.0M
Effects of exchange rate changes on cash and cash equivalents and restricted cash
($2.0M)
($5.0M)
$5.0M
$5.0M
Net decrease in cash and cash equivalents and restricted cash
($5.0M)
($73.0M)
$34.0M
($19.0M)
Cash and cash equivalents and restricted cash at beginning of period
$211.0M
$211.0M
$152.0M
$152.0M
Cash and cash equivalents and restricted cash at end of period