NL Industries | 8-K: FY2025 Q3 Revenue: USD 40 M

Revenue: As of FY2025 Q3, the actual value is USD 40 M.

EPS: As of FY2025 Q3, the actual value is USD -0.16.

EBIT: As of FY2025 Q3, the actual value is USD -300 K.

Segment Revenue

• CompX: Net sales were $40.0 million for Q3 2025, up from $33.6 million in Q3 2024. For the first nine months of 2025, net sales were $120.6 million, compared to $107.5 million for the same period in 2024.
• Kronos: Net sales were $456.9 million in Q3 2025, a decrease of $27.8 million (6%) from Q3 2024. For the first nine months of 2025, net sales were $1.4 billion, down $22.9 million (2%) from the same period in 2024.

Operational Metrics

• Net Income/Loss: NL Industries reported a net loss attributable to stockholders of $7.8 million in Q3 2025, compared to a net income of $36.0 million in Q3 2024. For the first nine months of 2025, the net loss was $6.8 million, compared to a net income of $50.7 million for the same period in 2024.
• Gross Margin: CompX’s gross margin was $11.0 million in Q3 2025, up from $9.5 million in Q3 2024. For the first nine months of 2025, the gross margin was $36.1 million, compared to $30.3 million in 2024.
• Operating Profit: CompX’s segment profit was $4.8 million in Q3 2025, up from $3.3 million in Q3 2024. For the first nine months of 2025, segment profit was $17.0 million, compared to $12.1 million in 2024.
• Kronos’ Loss from Operations: Kronos reported a loss from operations of $19.2 million in Q3 2025, compared to an income of $38.9 million in Q3 2024. For the first nine months of 2025, income from operations was $26.6 million, down from $94.3 million in 2024.

Cash Flow

• Interest and Dividend Income: Decreased in Q3 and the first nine months of 2025 compared to the same periods in 2024, primarily due to lower average interest rates and decreased cash balances.

Unique Metrics

• Equity in Earnings/Losses of Kronos: NL recognized equity in losses of $11.3 million in Q3 2025, compared to equity in earnings of $21.9 million in Q3 2024. For the first nine months of 2025, equity in losses was $8.6 million, compared to earnings of $30.4 million in 2024.

Outlook / Guidance

• The report includes forward-looking statements indicating substantial risks and uncertainties that could significantly impact expected results. Factors include future supply and demand for products, Kronos’ ability to realize cost savings, and the impact of geopolitical tensions and trade policies.