The financials
Tronox Holdings plc by the numbers
Tronox Holdings plc (TROX) reported revenue of $760M in Q1 2026 (quarter ended March 31, 2026), up 3.0% from the same quarter a year earlier. That came with a gross margin of 5.8% and net loss of $103M. For the full year FY2025, revenue was $2.90B (−5.7% year on year) and net income −$470M. Its largest product in 2026-Q1 was Ti O2 at $616M, 81% of the disclosed total, just ahead of Zircon at 12%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $760M | $738M | +3.0% |
| Gross profit | $44M | $99M | −56% |
| Operating income | −$41M | −$61M | n/a |
| Net income | −$103M | −$111M | n/a |
| Diluted EPS | −$0.65 | −$0.70 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Ti O2 | $616M | 81% |
| Zircon | $89M | 12% |
| Other Products | $55M | 7.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $760.0M (+8.7%)
Zircon grew +29% year on yearOther Products -35% year on year
Segment Latestquarter on quarteryear on year
- Ti O2$616.0M$616.0MQoQ +12%year on year +5.5%+12%+5.5%
- Zircon$89.0M$89.0MQoQ +51%year on year +29%+51%+29%
- Other Products$55.0M$55.0MQoQ -39%year on year -35%-39%-35%