Kronos Worldwide, Inc. (KRO) Income Statement
KRO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKRO revenue and net income
Where KRO's revenue goes
2025Each bar shows an amount and its share of revenue. KRO kept −6.0% of revenue as net income.
KRO profit margins
KRO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.5% | −1.2% | +2.6% | +3.3% |
| Gross profit | −40.7% | −18.3% | −9.5% | +1.0% |
| Operating income | −134.1% | — | — | — |
| Net income | −228.7% | — | — | — |
| EPS (diluted) | −400.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KRO quarterly EPS vs estimates
Kronos Worldwide beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.16).
KRO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.89B | $1.67B | $1.93B | $1.94B | $1.64B | $1.73B | $1.66B | $1.73B | $1.36B |
| Cost of revenue | $1.65B | $1.53B | $1.50B | $1.54B | $1.49B | $1.29B | $1.34B | $1.10B | $1.17B | $1.11B |
| Gross profit | $213.0M | $359.3M | $164.9M | $391.1M | $446.2M | $351.2M | $386.2M | $562.2M | $558.9M | $257.0M |
| Research & development | $16.0M | $14.0M | $18.0M | $15.0M | $17.0M | $16.0M | $17.0M | $16.0M | $18.0M | $13.0M |
| Sales, general & admin | $229.2M | $211.6M | $216.9M | $246.4M | $248.9M | $251.8M | $258.5M | $242.8M | $221.1M | $185.3M |
| Total operating expenses | $254.9M | $236.4M | $220.9M | $231.5M | $259.1M | $235.0M | $240.4M | $242.2M | $221.0M | $181.4M |
| Operating income | −$41.9M | $122.9M | −$56.0M | $159.6M | $187.1M | $116.2M | $145.8M | $330.1M | $330.4M | $81.1M |
| Interest income | $1.2M | $5.5M | $8.0M | $12.8M | $17.2M | $1.8M | $6.7M | $5.5M | $1.4M | $600,000 |
| Interest expense | $53.0M | $42.9M | $17.1M | $16.9M | $19.6M | $19.0M | $18.7M | $19.5M | $19.0M | $20.5M |
| Income before taxes | −$97.4M | $149.6M | −$72.9M | $133.9M | $153.4M | $80.0M | $121.1M | $293.8M | $305.7M | $61.2M |
| Income taxes | $13.5M | $63.4M | −$23.8M | $29.4M | $40.5M | $16.1M | $34.0M | $88.8M | −$48.8M | $17.9M |
| Net income | −$110.9M | $86.2M | −$49.1M | $104.5M | $112.9M | $63.9M | $87.1M | $205.0M | $354.5M | $43.3M |
| EBITDA | $20.4M | $256.9M | −$2.7M | $207.0M | $230.9M | $163.6M | $194.7M | $354.9M | $379.5M | $112.1M |
| EPS (diluted) | −$0.96 | $0.32 | −$0.43 | $0.90 | $0.98 | $0.55 | $0.73 | $1.77 | $2.00 | $0.34 |
| Gross margin | 11.5% | 19.0% | 9.9% | 20.3% | 23.0% | 21.4% | 22.3% | 33.8% | 32.3% | 18.8% |
| Operating margin | −2.3% | 6.5% | −3.4% | 8.3% | 9.6% | 7.1% | 8.4% | 19.9% | 19.1% | 5.9% |
| Net margin | −6.0% | 4.6% | −2.9% | 5.4% | 5.8% | 3.9% | 5.0% | 12.3% | 20.5% | 3.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $558.1M | $509.8M | $418.3M | $456.9M | $494.4M | $489.8M | $423.1M | $484.7M | $500.5M | $478.8M | $400.1M | $396.9M |
| Cost of revenue | $455.3M | $426.5M | $421.9M | $409.9M | $431.6M | $383.0M | $336.7M | $383.5M | $400.3M | $407.3M | $344.5M | $362.5M |
| Gross profit | $102.8M | $83.3M | −$3.6M | $47.0M | $62.8M | $106.8M | $86.4M | $101.2M | $100.2M | $71.5M | $55.6M | $34.4M |
| Research & development | — | — | — | — | — | — | $14.0M | — | — | — | $18.0M | — |
| Sales, general & admin | $64.5M | $63.6M | $82.1M | $61.6M | $62.1M | $61.6M | $14.8M | $62.3M | $58.2M | $54.2M | $54.3M | $54.6M |
| Total operating expenses | $65.2M | $65.3M | $61.7M | $64.3M | $55.4M | $68.4M | $57.8M | $62.3M | $64.3M | $52.0M | $61.3M | $59.7M |
| Operating income | $37.6M | $18.0M | −$65.3M | −$17.3M | $7.4M | $38.4M | $28.6M | $38.9M | $35.9M | $19.5M | −$5.7M | −$25.3M |
| Interest income | $300,000 | $200,000 | $300,000 | $200,000 | $300,000 | $400,000 | $1.0M | $1.1M | $2.1M | $1.3M | $1.9M | $3.1M |
| Interest expense | $14.2M | $14.3M | $14.5M | $14.1M | $12.8M | $11.6M | $12.1M | $11.8M | $9.8M | $9.2M | $4.3M | $4.3M |
| Income before taxes | $22.9M | −$2.0M | −$88.3M | −$29.1M | −$5.7M | $25.7M | $15.5M | $94.5M | $28.0M | $11.6M | −$9.4M | −$29.1M |
| Income taxes | $7.7M | $2.8M | −$5.5M | $7.9M | $3.5M | $7.6M | $28.7M | $22.7M | $8.5M | $3.5M | −$4.1M | −$8.7M |
| Net income | $15.2M | −$4.8M | −$82.8M | −$37.0M | −$9.2M | $18.1M | −$13.2M | $71.8M | $19.5M | $8.1M | −$5.3M | −$20.4M |
| EBITDA | $54.0M | $28.9M | −$56.8M | $1.8M | $23.2M | $52.2M | $42.7M | $124.2M | $57.2M | $32.8M | $8.0M | −$11.6M |
| EPS (diluted) | $0.13 | −$0.04 | −$0.72 | −$0.32 | −$0.08 | $0.16 | −$0.12 | $0.20 | $0.17 | $0.07 | −$0.05 | −$0.18 |
| Gross margin | 18.4% | 16.3% | −0.9% | 10.3% | 12.7% | 21.8% | 20.4% | 20.9% | 20.0% | 14.9% | 13.9% | 8.7% |
| Operating margin | 6.7% | 3.5% | −15.6% | −3.8% | 1.5% | 7.8% | 6.8% | 8.0% | 7.2% | 4.1% | −1.4% | −6.4% |
| Net margin | 2.7% | −0.9% | −19.8% | −8.1% | −1.9% | 3.7% | −3.1% | 14.8% | 3.9% | 1.7% | −1.3% | −5.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KRO's financial statements (latest annual report filed March 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KRO financial results
In fiscal year 2025 (ended December 31, 2025), Kronos Worldwide reported revenue of $1.9 billion, down 1.5% from the year before. It had a net loss of $110.9 million, a net profit margin of −6.0%. Diluted earnings per share came to −$0.96. Over five years revenue grew at an average rate of 2.6% a year.
See the KRO stock overview for the latest quote and news, or the KRO chart for price history and technical indicators.
KRO income statement FAQ
What is Kronos Worldwide's annual revenue?
Kronos Worldwide reported total revenue of $1.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.5% from $1.9 billion the previous year.
Is Kronos Worldwide profitable?
No. Kronos Worldwide reported a net loss of $110.9 million in fiscal 2025, a net profit margin of −6.0%; its operating margin was −2.3%.
What is Kronos Worldwide's gross margin?
Kronos Worldwide's gross margin was 11.5% in fiscal 2025: for every $100 of revenue, Kronos Worldwide kept $11 after the direct cost of its products and services.
How much does Kronos Worldwide spend on research and development?
Kronos Worldwide spent $16.0 million on research and development in fiscal 2025, 0.9% of revenue.
How fast is Kronos Worldwide growing?
Revenue grew 2.6% a year on average over the last five fiscal years, from $1.6 billion to $1.9 billion.
What are Kronos Worldwide's earnings per share?
Kronos Worldwide earned $-0.96 per diluted share in fiscal 2025, compared with $0.32 a year earlier.
When will Kronos Worldwide report its next earnings?
Kronos Worldwide is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Kronos Worldwide's fiscal year end?
Kronos Worldwide's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 9, 2026.