The financials
Otter Tail Corporation by the numbers
Otter Tail Corporation (OTTR) reported revenue of $335M in Q2 2026 (quarter ended June 30, 2026), up 0.7% from the same quarter a year earlier. That came with a gross margin of 65% and net loss of $7.6M. For the full year FY2025, revenue was $1.30B (−2.3% year on year) and net income $276M. Its largest product in 2026-Q2 was Electronic Product Retail at $106M, 34% of the disclosed total, just ahead of Metal Parts And Tooling at 25%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $335M | $332M | +0.7% |
| Gross profit | $216M | $226M | −4.5% |
| Operating income | −$24M | $97M | to a loss |
| Net income | −$7.6M | $78M | to a loss |
| Diluted EPS | −$0.18 | $1.85 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Electronic Product Retail | $106M | 34% |
| Metal Parts And Tooling | $78M | 25% |
| Retail Commercial And Industrial | $75M | 24% |
| Retail Residential | $29M | 9.2% |
| Electric Transmission | $11M | 3.5% |
| Plastic Products | $8.8M | 2.8% |
| Electric Product Other | $3.2M | 1.0% |
| Scrap Metal | $2.1M | 0.7% |
| Retail Other | $2.0M | 0.6% |
| Wholesale | $883K | 0.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $315.9M (-22%)
Electric Product Other grew +53% year on yearWholesale -73% year on year
Segment Latestquarter on quarteryear on year
- Electronic Product Retail$106.1M$106.1MQoQ -29%year on year -3.6%-29%-3.6%
- Metal Parts And Tooling$77.5M$77.5MQoQ -0.12%year on year +12%-0.12%+12%
- Retail Commercial And Industrial$75.2M$75.2MQoQ -26%year on year -4.4%-26%-4.4%
- Retail Residential$28.9M$28.9MQoQ -37%year on year -2.3%-37%-2.3%
- Electric Transmission$11.1M$11.1MQoQ -17%year on year -16%-17%-16%
- Plastic Products$8.8M$8.8MQoQ -10%year on year +16%-10%+16%
- Electric Product Other$3.2M$3.2MQoQ +92%year on year +53%+92%+53%
- Scrap Metal$2.1M$2.1MQoQ +1.5%year on year +18%+1.5%+18%
- Retail Other$2.0M$2.0MQoQ -11%year on year +8.2%-11%+8.2%
- Wholesale$883.0K$883.0KQoQ -41%year on year -73%-41%-73%