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EarningsQ2 2026 Earnings Report
MTX Q2 2026 EPS Results
Actual EPS$1.60
Consensus EPS$1.64
Beat/MissMissed by -$0.03
One Year Ago EPS$1.55
MTX Q2 2026 Revenue Results
Actual Revenue$548.40M
Expected Revenue$558.77M
Beat/MissMissed by -$10.37M
YoY Revenue Growth+3.69%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
MTX Upcoming Earnings
Minerals Technologies's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MTX Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented solid top-line growth, record margins in Engineered Solutions, improving cash generation and meaningful sustainability progress, alongside advancing product commercialization (PFAS, bleaching earth/SAF and paper satellites). These positives were tempered by persistent inflationary cost pressures that compressed Consumer & Specialty margins in the quarter, timing shifts that pushed some volume into H2, and a significant $290 million reserve tied to talc-related proceedings with legal uncertainty remaining. Management reiterated mid-single-digit sales growth guidance, strong cash flow targets, and a clear plan to recover margins as pricing catches up, supporting a constructive but cautious outlook.Company Guidance
Revenue Growth
Second quarter sales of $548 million, up 4% year-over-year; sales up 7% year-to-date, supporting mid-single-digit full-year sales growth guidance.
Profitability and Margins
Operating income of $75 million in Q2; EPS of $1.60, up 3% year-over-year; EBITDA up 5% year-to-date; Engineered Solutions delivered a record operating margin of 17.8% and record quarterly operating income of $49 million.
Engineered Solutions Momentum
Engineered Solutions sales increased 9% in Q2 to $274 million and are up 10% year-to-date; strong contributions from High-Temperature Technologies (refractories up 14%, foundry sales in Asia up 11%) and Environmental & Infrastructure (sales up 19% year-to-date).
Consumer & Specialty Growth Areas
Cat litter sales up 9% through the first half of the year; paper & packaging sales up 7% year-to-date with three new satellite facility launches progressing; edible oil / bleaching earth expansion reached target production at end of Q2 with a strong SAF order book.
Cash Flow and Balance Sheet Strength
Year-to-date cash from operations $95 million (up $37 million vs. prior year); year-to-date free cash flow $45 million; CapEx Q2 $27 million with full-year guidance $90–$100 million; net leverage reduced to 1.6x EBITDA.
Q3 Outlook and Full-Year Confidence
Q3 sales expected ~ $550 million (~4% growth vs. prior year); Consumer & Specialties and Engineered Solutions each expected to grow 3–5% in Q3; company reaffirmed mid-single-digit full-year sales growth and expects operating income around $75 million for Q3.
Sustainability Achievements
Published 18th annual sustainability report: CO2 emissions reduced ~40%; coal use cut by ~70% (now used at only one facility); 34% of fuel oil converted to renewable alternatives; landfill waste reduced 44%; water consumption down >30% and discharge down ~60% (~660 million gallons saved annually); new 2035 targets set (20% absolute and 30% per-ton reduction).
Commercialization and New Technologies
PFAS product FLUORO-SORB gaining traction (10 full-scale municipal drinking water plants online; 18 additional municipal systems specified); multiple product launches and satellite plants contributing to pipeline (20+ projects) and several product ramps expected in H2 and early 2027.
MTX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed