Tronox generated revenue of 730000000 in Q4 2025, up 8% year-over-year, driven by higher TiO and zircon volumes. The company reported a net loss of 176000000 and an operating loss of 114000000, including 79000000 of restructuring and other charges. Adjusted EBITDA was 57000000 with a margin of 7.8%. Free cash flow was positive at 53000000 in the quarter.
Tronox experienced a challenging third quarter in 2025, with revenue declining by 13% year-over-year to $699 million and a net loss attributable to Tronox of $99 million. The company's performance was impacted by weaker demand, downstream destocking, and heightened competitive dynamics in both the TiO2 and zircon markets. Despite these headwinds, Tronox is implementing cost improvement programs and operational adjustments to manage cash flow and expects positive free cash flow in Q4 2025 and 2026.
Tronox Holdings plc experienced a challenging second quarter in 2025, with revenue decreasing by 11% year-over-year to $731 million and a net loss of $85 million. The decline was primarily driven by weaker demand across most end markets, impacting TiO2 and zircon sales volumes and prices. The company also incurred significant restructuring charges related to the idling of its Botlek pigment plant. Despite the downturn, Tronox is implementing cost improvement programs and adjusting capital allocation priorities to navigate the market conditions.
Tronox reported a net loss of $111 million and adjusted net loss of $24 million for Q1 2025, despite a 9% sequential increase in revenue to $738 million. Revenue decreased 5% year-over-year. Adjusted EBITDA was $112 million.
Tronox reported fourth quarter 2024 financial results, with revenue of $676 million, a net loss of $30 million, and adjusted EBITDA of $129 million. The company's performance was in line with expectations, driven by strong TiO2 commercial performance in Asia Pacific and Latin America, and exceeded guidance for Zircon sales. A cost improvement plan targeting $125-175 million in sustainable savings by the end of 2026 was launched.
Tronox reported a 21% increase in revenue compared to the prior year, driven by higher volumes in TiO2, zircon, and other products. However, the company experienced a net loss of $25 million, or $0.16 per diluted share, and Adjusted EBITDA of $143 million, which was below previous guidance due to weaker demand and higher freight costs. The company anticipates lower TiO2 volumes in Q4 and expects Adjusted EBITDA to be between $120-135 million.
Tronox reported Q2 2024 financial results with revenue of $820 million, a 3% increase compared to the prior year. Income from operations was $76 million and net income was $10 million. GAAP diluted earnings per share was $0.10, and adjusted diluted earnings per share was $0.07. The company delivered Adjusted EBITDA of $161 million and generated $84 million in free cash flow.
Tronox reported a revenue of $774 million, a 9% increase compared to the prior year. The company experienced a net loss of $9 million, with an adjusted net loss of $7 million. Adjusted EBITDA was $131 million, exceeding previous guidance.
Tronox reported a 6% increase in revenue to $686 million for the fourth quarter of 2023, driven by higher sales volumes of TiO2 and other products. However, the company experienced a net loss of $56 million, or $0.36 per diluted share, compared to a net loss of $15 million in the year-ago period. Adjusted EBITDA decreased by 17% to $94 million due to lower average selling prices and higher operating costs.
Tronox Holdings reported Q3 2023 financial results with revenue of $662 million, a net loss of $14 million, and adjusted EBITDA of $116 million. The company proactively reinforced its balance sheet by raising a $350 million incremental term loan.
Tronox reported a solid second quarter performance with revenue of $794 million, a 12% increase compared to the prior quarter. The company achieved an Adjusted EBITDA of $168 million, at the high end of the guided range, and generated $81 million in free cash flow, exceeding expectations.
Tronox reported a revenue of $708 million, net income of $25 million, and EPS of $0.15 for Q1 2023. The company exceeded its adjusted EBITDA guidance due to favorable exchange rates and cost management. They anticipate Q2 adjusted EBITDA to be $160-170 million.
Tronox reported Q4 2022 revenue of $649 million and a net loss of $14 million. Adjusted EBITDA was $113 million, and free cash flow was $126 million. The company faced volume declines in TiO2 and zircon but managed full-year Adjusted EBITDA of $875 million.
Tronox reported Q3 2022 financial results with a 3% increase in revenue to $895 million, driven by higher prices and volumes in TiO2, zircon, and pig iron. The company generated a net income of $123 million, with a GAAP diluted EPS of $0.77 and adjusted diluted EPS of $0.69. Adjusted EBITDA was $247 million with a margin of 27.6%.
Tronox reported a revenue of $945 million, a 2% increase compared to the prior year, driven by higher revenue from TiO2. Net income was $375 million, which includes a $262 million non-cash benefit from the reversal of a portion of the valuation allowance in Australia. Adjusted EBITDA was $275 million with a margin of 29.1%.
Tronox's first quarter 2022 results showed an 8% increase in revenue to $965 million compared to the prior year, driven by higher revenue from TiO2 and pig iron. The company's adjusted diluted EPS was $0.60, and it generated $86 million in free cash flow. The company is reaffirming its 2022 Adjusted EBITDA and adjusted diluted EPS guidance, but adjusting 2022 free cash flow lower to reflect the settlement.
Tronox reported Q4 2021 revenue of $884 million, net income of $87 million, and adjusted EPS of $0.53. The company's performance was driven by strong customer demand and effective management of macro challenges. Tronox reduced its total debt to $2.6 billion and anticipates continued strong demand for TiO2 and zircon.
Tronox reported a revenue of $870 million, a 29% increase year-over-year. The company's adjusted EBITDA was $252 million with a margin of 29%. Free cash flow reached a record $191 million after $65 million in capital expenditures.
Tronox reported a strong second quarter with record revenue of $927 million, driven by higher TiO2 and zircon prices. The company generated $150 million in free cash flow and continued deleveraging efforts. Adjusted EBITDA was $237 million with a margin of 26 percent.
Tronox reported a strong first quarter in 2021, with record revenue driven by double-digit growth in TiO2 and zircon volumes and higher TiO2 average selling prices. The company's performance exceeded expectations due to exceptional demand across all regions and end markets.
Tronox reported Q4 2020 financial results with revenue of $783 million, income from operations of $94 million, and adjusted EBITDA of $204 million. The company achieved total synergies of $243 million, exceeding the run rate synergy target set at Investor Day. Market demand for TiO2 and Zircon remain strong, and the company anticipates TiO2 sales volumes to increase 11-15 percent sequentially in Q1 2021.
Tronox's third quarter results showed sequential growth driven by improved market conditions. TiO2 volumes increased 16 percent quarter over quarter, while pricing remained level. The company delivered Adjusted EBITDA of $148 million and an Adjusted EBITDA margin of 22 percent.
Tronox reported revenue of $578 million for the second quarter 2020, a decrease of 30 percent compared to second quarter 2019 revenues of $827 million on a pro forma basis. Net loss attributable to Tronox was $4 million, or $0.03 per diluted share. Adjusted EBITDA of $142 million decreased 29 percent compared to $200 million on a pro forma basis in the prior-year quarter.
Tronox reported revenue of $722 million, net income of $40 million, and adjusted EBITDA of $174 million for Q1 2020. The company's results were driven by geographic diversity, favorable end market exposure and Cristal acquisition synergies.
Tronox reported Q4 2019 revenue of $693 million and income from operations of $44 million. GAAP diluted EPS was $0.00, with adjusted diluted EPS at $0.14. The company's performance was bolstered by strong execution on operating and commercial initiatives and margin benefits from vertical integration.