Research Reports

Key takeaways

Revenue reached $347.0M, up 2.9% from $337.4M due to contributions across segments.

Operating income rose to $85.2M, a 1.5% increase from $84.0M as revenue gains outpaced expense pressures.

Net income increased 6.6% to $72.6M from $68.1M, reflecting improved profitability across operations.

Diluted EPS grew 6.8% to $1.73 from $1.62, supporting shareholder value.

Operating cash flow surged to $70.6M from $39.5M, driven by favorable working capital timing.

Operating margin held steady at 24.6%, balancing higher fuel and volume-related expenses with efficiencies.

Full analysis

Otter Tail Corporation delivered solid Q1 2026 results, with revenue of $347.0 million up 2.9% from $337.4 million in the prior year quarter. This growth reflects contributions from our core segments, where volume increases in Manufacturing and Plastics helped drive topline expansion despite input cost volatility. Operating income improved modestly to $85.2 million, a 1.5% rise from $84.0 million, maintaining a steady operating margin of 24.6%. Investors should note that this stability stems from revenue gains outpacing operating expense increases, allowing profitability to hold firm amid segment-specific pressures.

OTTR · Otter Tail Corporation

Summary

Key takeaways

Full analysis