Minerals Tech | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 532.4 M

Revenue: As of FY2025 Q3, the actual value is USD 532.4 M, beating the estimate of USD 528.77 M.

EPS: As of FY2025 Q3, the actual value is USD 1.37, missing the estimate of USD 1.465.

EBIT: As of FY2025 Q3, the actual value is USD 84.7 M.

Consumer & Specialties Segment

• Net Sales: $277.4 million for Q3 2025, a decrease of 1% from $280.3 million in Q3 2024.
• Income from Operations: $37.4 million, down 10% from $41.7 million in the prior year, primarily due to higher operating costs.

Engineered Solutions Segment

• Net Sales: Increased by 4% to $255.0 million from $244.4 million in Q3 2024.
• Income from Operations: $44.8 million, up 15% from $38.8 million in the prior year, with an operating margin of 17.6% compared to 15.9%.

Cash Flow

• Operating Cash Flow: $129.4 million for the nine months ended September 28, 2025.
• Capital Expenditures: $74.7 million for the nine months ended September 28, 2025, compared to $61.4 million in the prior year.

Unique Metrics

• Provision for Litigation Reserve and Credit Losses: $215.0 million recorded in the first quarter of 2025 to establish a reserve for estimated costs to fund a trust to resolve all current and future talc-related claims.

Future Outlook and Strategy

• Consumer & Specialties Segment: Plans to increase market share in global pet litter products, deploy new products in pet care, and expand calcium carbonate products in various applications.
• Engineered Solutions Segment: Focus on increasing presence in emerging markets, deploying value-added formulations, and expanding the use of FLUORO-SORB® products globally.
• Overall Strategy: Emphasis on innovation, new product development, and exploring selective acquisitions to fit core competencies in minerals and technologies.