--- title: "Minerals Tech | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 548.4 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294416852.md" datetime: "2026-07-30T21:10:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294416852.md) - [en](https://longbridge.com/en/news/294416852.md) - [zh-HK](https://longbridge.com/zh-HK/news/294416852.md) --- # Minerals Tech | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 548.4 M Revenue: As of FY2026 Q2, the actual value is USD 548.4 M, missing the estimate of USD 558.7 M. EPS: As of FY2026 Q2, the actual value is USD -5.9, missing the estimate of USD 1.64. EBIT: As of FY2026 Q2, the actual value is USD -219.2 M. ### Consolidated Financial Performance Minerals Technologies Inc. reported an operating loss of - $220.3 million in the second quarter of 2026, compared to $74.6 million in the prior year quarter. Excluding special items, operating income was $75 million for the quarter. The reported operating loss for the first half of 2026 was - $161.6 million. Net income attributable to Minerals Technologies Inc. was - $183.6 million for the second quarter and - $147.4 million for the first half of 2026. Excluding special items, net income attributable to Minerals Technologies Inc. was $49.8 million for the second quarter and $92.6 million for the first half of 2026. Production margin for the second quarter was $133.8 million, representing a -2% decrease compared to the prior year. Marketing and administrative expenses were $53.3 million, up 2% year-over-year. Research and development expenses were $5.9 million, a 4% increase over the prior year. Litigation expenses were $4.9 million for the second quarter and $13.7 million for the first half of 2026. Interest expense, net, was - $12.1 million for the second quarter and - $25.4 million for the first half of 2026. Other non-operating income (deductions), net, was $1.1 million for the second quarter and $1.6 million for the first half of 2026. The provision (benefit) for taxes on income was - $46.2 million for the second quarter and - $36.3 million for the first half of 2026. Equity in earnings of affiliates, net of tax, was $2.5 million for the second quarter and $3.8 million for the first half of 2026. Net income attributable to non-controlling interests was $1.0 million for the second quarter and $2.1 million for the first half of 2026. ### Segment Performance #### Consumer & Specialties Segment Segment reported operating income was $29 million, down 21% excluding special items, due to unfavorable volume mix and higher energy, transportation, and raw material costs. The operating margin for this segment was 10.7%. #### Engineered Solutions Segment Segment reported operating income was $49 million, up 12% excluding special items, achieving a record operating margin of 17.8% of sales. ### Cash Flow Cash flow from operations was $63.0 million for the second quarter and $95.1 million for the first half of 2026. Capital expenditures were $27.2 million for the second quarter and $50.3 million for the first half of 2026. Free cash flow was $35.8 million for the second quarter and $44.8 million for the first half of 2026. ### Balance Sheet Highlights (as of July 5, 2026) Cash & cash equivalents totaled $342.2 million. Total current assets were $1,183.7 million. Net property, plant, and equipment stood at $1,032.9 million. Total assets were $3,495.2 million. Total current liabilities were $828.5 million, with long-term debt at $952.9 million. Total liabilities amounted to $1,918.4 million. Total Minerals Technologies Inc. shareholders’ equity was $1,544.9 million. ### Other Key Metrics Adjusted EBITDA was $99.2 million for the second quarter and $192.1 million for the first half of 2026. The adjusted net leverage ratio was 1.6x as of July 5, 2026. ### Outlook / Guidance Minerals Technologies Inc. is on track for mid-single digit growth for the full year and anticipates meeting its full-year revenue targets. The company has implemented pricing actions to restore margins during the latter half of the year, addressing temporary impacts from inflationary cost increases. ### Related Stocks - [MTX.US](https://longbridge.com/en/quote/MTX.US.md) ## Related News & Research - [Minerals Technologies Q2 FY26 adjusted operating income falls 6% to $75 million; sales rise 4% to $548 million](https://longbridge.com/en/news/294529790.md) - [Minerals Technologies (NYSE:MTX) Updates Q3 2026 Earnings Guidance](https://longbridge.com/en/news/294535374.md) - [TI: Advancing U.S. zinc and graphite projects with federal backing and strong growth economics](https://longbridge.com/en/news/295697868.md) - [Almaden Minerals grants director options for 800,000 shares at $0.27 each](https://longbridge.com/en/news/295923866.md) - [Mayo Lake Minerals extends 1-for-3 share consolidation closing to Aug. 28](https://longbridge.com/en/news/295830323.md)