OTTROtter Tail Corporation
The financials
Otter Tail Corporation by the numbers
Otter Tail Corporation (OTTR) reported revenue of $317M in Q3 2026 (quarter ended Sep 30, 2026), down 2.7% from the same quarter a year earlier. That came with a gross margin of 62% and net income of $59M (19% of revenue). For the full year FY2025, revenue was $1.30B (−2.3% year on year) and net income $276M. Its largest product in Q2 2026 (quarter ended Jun 30, 2026) was Metal Parts and Tooling at $78M, 37% of the disclosed total, just ahead of Retail, Commercial and Industrial at 36%. The next results filing is expected around Feb 16, 2027, the same week as a year ago.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $317M | $326M | −2.7% |
| Gross profit | $198M | $225M | −12% |
| Operating income | $69M | $97M | −29% |
| Net income | $59M | $78M | −24% |
| Diluted EPS | $1.41 | $1.86 | −24% |
| Product | Revenue | Share |
|---|---|---|
| Metal Parts and Tooling | $78M | 37% |
| Retail, Commercial and Industrial | $75M | 36% |
| Retail, Residential | $29M | 14% |
| Electric Transmission | $11M | 5.3% |
| Plastic Products | $8.8M | 4.2% |
| Electric Product, Other | $3.2M | 1.5% |
| Scrap Metal | $2.1M | 1.0% |
| Retail, Other | $2.0M | 1.0% |
| Wholesale | $883K | 0.4% |
Over its last three fiscal years Otter Tail Corporation booked income tax of 17.2% of its pretax profit, 10.6% once deferred tax is taken out, below the 21.3% median for US companies in our tax study.
Business segments
Revenue split by product segment, from SEC XBRL filings.
- Metal Parts and Tooling$77.5M$77.5Mvs last quarter -0.12%vs a year ago +12%-0.12%+12%
- Retail, Commercial and Industrial$75.2M$75.2Mvs last quarter -26%vs a year ago -4.4%-26%-4.4%
- Retail, Residential$28.9M$28.9Mvs last quarter -37%vs a year ago -2.3%-37%-2.3%
- Electric Transmission$11.1M$11.1Mvs last quarter -17%vs a year ago -16%-17%-16%
- Plastic Products$8.8M$8.8Mvs last quarter -10%vs a year ago +16%-10%+16%
- Electric Product, Other$3.2M$3.2Mvs last quarter +92%vs a year ago +53%+92%+53%
- Scrap Metal$2.1M$2.1Mvs last quarter +1.5%vs a year ago +18%+1.5%+18%
- Retail, Other$2.0M$2.0Mvs last quarter -11%vs a year ago +8.2%-11%+8.2%
- Wholesale$883.0K$883.0Kvs last quarter -41%vs a year ago -73%-41%-73%
Conglomerates
The closest names by size in the same industry