Trinseo PLC (TSE) Income Statement
TSE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTSE revenue and net income
Where TSE's revenue goes
2025Each bar shows an amount and its share of revenue. TSE kept −18.3% of revenue as net income.
TSE profit margins
TSE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −15.3% | −15.7% | +1.6% | −2.8% |
| Gross profit | −37.5% | −15.2% | −12.4% | −9.9% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TSE quarterly EPS vs estimates
Trinseo beat the analyst EPS estimate in 3 of the last 8 quarters.
TSE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $3.51B | $3.68B | $4.97B | $4.83B | $2.74B | $3.37B | $4.62B | $4.45B | $3.72B |
| Cost of revenue | $2.81B | $3.25B | $3.53B | $4.69B | $4.13B | $2.42B | $3.07B | $4.09B | $3.79B | $3.13B |
| Gross profit | $165.9M | $265.6M | $142.3M | $272.3M | $698.9M | $321.1M | $300.4M | $528.8M | $654.0M | $587.6M |
| Research & development | — | — | $57.6M | $51.4M | $63.9M | $42.6M | $54.6M | $56.0M | $51.9M | $51.0M |
| Sales, general & admin | $417.0M | $263.8M | $310.3M | $398.8M | $322.3M | $209.0M | $298.3M | $258.5M | $239.0M | $169.1M |
| Total operating expenses | $417.0M | $311.6M | $597.7M | $636.2M | $237.5M | $171.5M | $157.9M | $114.4M | $115.3M | $94.0M |
| Operating income | −$251.1M | −$46.0M | −$455.4M | −$363.9M | $461.4M | $149.6M | $142.5M | $414.4M | $538.7M | $498.2M |
| Interest income | — | $267.5M | $188.4M | $112.9M | $101.4M | $43.6M | $31.3M | $25.4M | $89.3M | $71.3M |
| Interest expense | $273.8M | $267.5M | $188.4M | $112.9M | $79.4M | $43.6M | $39.3M | $46.4M | $70.1M | $75.0M |
| Income before taxes | −$503.0M | −$318.0M | −$632.9M | −$469.6M | $350.5M | $105.4M | $99.8M | $364.3M | $411.1M | $405.3M |
| Income taxes | $42.6M | $30.5M | $68.4M | −$41.6M | $70.9M | $42.7M | $12.7M | $71.8M | $82.8M | $87.0M |
| Net income | −$545.6M | −$348.5M | −$701.3M | −$430.9M | $440.0M | $7.9M | $92.0M | $292.5M | $328.3M | $318.3M |
| EBITDA | −$251.1M | $159.7M | −$223.3M | −$119.8M | $597.4M | $241.6M | $230.6M | $540.6M | $593.0M | $583.1M |
| EPS (diluted) | −$5.90 | −$7.69 | −$6.95 | −$0.76 | $9.81 | $2.02 | $3.10 | $7.22 | $8.13 | $7.30 |
| Gross margin | 5.6% | 7.6% | 3.9% | 5.5% | 14.5% | 11.7% | 8.9% | 11.4% | 14.7% | 15.8% |
| Operating margin | −8.4% | −1.3% | −12.4% | −7.3% | 9.6% | 5.5% | 4.2% | 9.0% | 12.1% | 13.4% |
| Net margin | −18.3% | −9.9% | −19.1% | −8.7% | 9.1% | 0.3% | 2.7% | 6.3% | 7.4% | 8.6% |
| 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 | $845.4M | $724.7M | $662.6M | $743.2M | $784.3M | $784.8M | $821.5M | $867.7M | $920.0M | $904.0M | $837.5M | $879.0M |
| Cost of revenue | $745.7M | $663.0M | $634.5M | $705.8M | $747.7M | $721.0M | $765.5M | $787.1M | $851.6M | $843.4M | $817.2M | $847.7M |
| Gross profit | $99.7M | $61.7M | $28.1M | $37.4M | $36.6M | $63.8M | $56.0M | $80.6M | $68.4M | $60.6M | $20.3M | $31.3M |
| Research & development | — | — | — | — | — | — | $63.5M | — | — | — | $57.6M | — |
| Sales, general & admin | — | — | $184.7M | $63.2M | $78.1M | $91.0M | $73.7M | $97.0M | $70.1M | $70.1M | $86.6M | $66.6M |
| Total operating expenses | $99.6M | $87.4M | $188.7M | $65.6M | $69.9M | $92.8M | $100.2M | $93.0M | $54.5M | $63.9M | $92.3M | $47.7M |
| Operating income | $100,000 | −$25.7M | −$160.6M | −$28.2M | −$33.3M | −$29.0M | −$44.2M | −$12.4M | $13.9M | −$3.3M | −$72.0M | −$16.4M |
| Interest income | — | — | — | $70.6M | $69.5M | $66.6M | $67.5M | $72.3M | — | — | — | $46.6M |
| Interest expense | $72.4M | $78.7M | $67.1M | $70.6M | $69.5M | $66.6M | $67.5M | $72.3M | $64.7M | $63.0M | $63.3M | $46.6M |
| Income before taxes | −$119.1M | −$106.5M | −$226.2M | −$101.4M | −$103.0M | −$72.4M | −$116.5M | −$83.9M | −$47.5M | −$70.1M | −$137.1M | −$56.1M |
| Income taxes | $500,000 | $9.4M | $25.2M | $8.3M | $2.5M | $6.6M | $1.4M | $3.4M | $20.3M | $5.4M | $127.9M | −$17.7M |
| Net income | −$119.6M | −$115.9M | −$251.4M | −$109.7M | −$105.5M | −$79.0M | −$117.9M | −$87.3M | −$67.8M | −$75.5M | −$265.0M | −$38.4M |
| EBITDA | $41.9M | −$25.7M | $330.4M | $25.6M | $26.3M | $30.2M | $21.3M | $36.7M | $63.8M | $37.9M | $700,000 | $28.7M |
| EPS (diluted) | — | — | $0.00 | −$2.41 | −$2.12 | −$1.37 | −$2.67 | −$1.62 | −$1.46 | −$1.94 | −$2.99 | −$1.03 |
| Gross margin | 11.8% | 8.5% | 4.2% | 5.0% | 4.7% | 8.1% | 6.8% | 9.3% | 7.4% | 6.7% | 2.4% | 3.6% |
| Operating margin | 0.0% | −3.5% | −24.2% | −3.8% | −4.2% | −3.7% | −5.4% | −1.4% | 1.5% | −0.4% | −8.6% | −1.9% |
| Net margin | −14.1% | −16.0% | −37.9% | −14.8% | −13.5% | −10.1% | −14.4% | −10.1% | −7.4% | −8.4% | −31.6% | −4.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TSE's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TSE financial results
In fiscal year 2025 (ended December 31, 2025), Trinseo reported revenue of $3.0 billion, down 15.3% from the year before. It had a net loss of $545.6 million, a net profit margin of −18.3%. Diluted earnings per share came to −$5.90. Over five years revenue grew at an average rate of 1.6% a year.
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TSE income statement FAQ
What is Trinseo's annual revenue?
Trinseo reported total revenue of $3.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 15.3% from $3.5 billion the previous year.
Is Trinseo profitable?
No. Trinseo reported a net loss of $545.6 million in fiscal 2025, a net profit margin of −18.3%; its operating margin was −8.4%.
What is Trinseo's gross margin?
Trinseo's gross margin was 5.6% in fiscal 2025: for every $100 of revenue, Trinseo kept $6 after the direct cost of its products and services.
How fast is Trinseo growing?
Revenue grew 1.6% a year on average over the last five fiscal years, from $2.7 billion to $3.0 billion.
What are Trinseo's earnings per share?
Trinseo earned $-5.90 per diluted share in fiscal 2025, compared with $-7.69 a year earlier.
When does Trinseo's fiscal year end?
Trinseo's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 13, 2026.