Tronox $(TROX)$ reported Q4 2025 revenue of USD 730 million (+8%), with a loss from operations of USD 114 million and net loss attributable to shareholders of USD 176 million, including USD 80 million of restructuring and other charges (net of taxes) mainly tied to the closure of the Botlek and Fuzhou pigment plants. Q4 adjusted EBITDA was USD 57 million (adjusted EBITDA margin 7.8%), and diluted loss per share was USD 1.11 (adjusted diluted loss per share USD 0.60). Q4 free cash flow was USD 53 million. For FY 2025, Tronox posted revenue of USD 2.9 billion, a loss from operations of USD 253 million, and net loss attributable to shareholders of USD 470 million, including USD 233 million of restructuring and other charges (net of taxes) primarily related to the Botlek and Fuzhou plant closures. FY adjusted EBITDA was USD 336 million (adjusted EBITDA margin 11.6%), diluted loss per share was USD 2.97 (adjusted diluted loss per share USD 1.50), capital expenditures were USD 341 million, and free cash flow was a use of USD 281 million. TiO2 revenue in Q4 was USD 577 million (+8%), driven by higher volumes, while zircon revenue was USD 78 million (+4%); other products revenue was USD 75 million (+10%). Tronox ended 2025 with total debt of USD 3.2 billion and liquidity of USD 674 million (including USD 199 million cash). Management said TiO2 volumes in Q4 were the highest of the year, citing the impact of antidumping duties in India, Europe, Brazil and Saudi Arabia on trade flows, and noted progress on its cost improvement program with more than USD 90 million of sustainable run-rate savings exiting 2025. Tronox expects to generate positive free cash flow in 2026 and guided for Q1 2026 adjusted EBITDA of USD 55 million to USD 65 million, with TiO2 pricing expected to improve in Q1 2026 and zircon pricing expected to improve in Q2 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tronox Holdings plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602181615PR_NEWS_USPR_____DA90681) on February 18, 2026, and is solely responsible for the information contained therein.