Otter Tail CorpOTTREarnings & Financial Report
Otter Tail Corporation is an electric power and manufacturing company based in Fergus Falls, Minnesota. Its subsidiaries include Otter Tail Power Company, BTD Manufacturing Inc., T.O. Plastics Inc., Northern Pipe Products Inc., and Vinyltech Corporation.
Revenue
$333.0M
Gross Profit
N/A
Operating Profit
$97.5M
Net Profit
$77.7M
Gross Margin
N/A
Operating Margin
29.3%
Net Margin
23.3%
YoY Growth
-2.7%
EPS
$1.85
Otter Tail Corp Q2 FY2025 Financial Summary
Otter Tail Corp reported revenue of $333.0M (down 2.7% YoY) for Q2 FY2025, with a net profit of $77.7M (down 10.7% YoY) (23.3% margin).
Key Financial Metrics
| Total Revenue | $333.0M |
|---|---|
| Net Profit | $77.7M |
| Gross Margin | N/A |
| Operating Margin | 29.3% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Otter Tail Corp Q2 FY2025 revenue of $333.0M breaks down across 8 segments, led by Plastics at $125.6M (37.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Plastics | $125.6M | 37.7% |
| Retail Commercial And Industrial | $78.7M | 23.6% |
| Metal Parts And Tooling | $69.3M | 20.8% |
| Retail Residential | $29.6M | 8.9% |
| Electric Transmission | $13.2M | 4.0% |
| Plastic Products | $7.6M | 2.3% |
| Wholesale | $3.3M | 1.0% |
| Electric Product Other | $2.1M | 0.6% |
Otter Tail Corp Revenue by Segment — Quarterly Trend
Otter Tail Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Plastics and Retail Commercial And Industrial) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Plastics | $81.2M | — | $125.6M | $105.9M |
| Retail Commercial And Industrial | $91.0M | $77.5M | $78.7M | $87.9M |
| Metal Parts And Tooling | — | $67.6M | $69.3M | $70.9M |
| Retail Residential | $35.8M | $32.1M | $29.6M | $43.3M |
| Electric Transmission | $14.4M | $14.9M | $13.2M | $12.1M |
Otter Tail Corp Annual Revenue by Year
Otter Tail Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.3B |
| 2024 | $1.3B |
| 2023 | $1.4B |
| 2022 | $1.5B |
Otter Tail Corp Quarterly Revenue & Net Profit History
Otter Tail Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $308.1M | +1.6% | $51.8M | 16.8% |
| Q3 FY2025 | $325.6M | -3.7% | $78.3M | 24.0% |
| Q2 FY2025 | $333.0M | -2.7% | $77.7M | 23.3% |
| Q1 FY2025 | $337.4M | -2.8% | $68.1M | 20.2% |
| Q4 FY2024 | $303.1M | -4.9% | $54.9M | 18.1% |
| Q3 FY2024 | $338.0M | -5.6% | $85.5M | 25.3% |
| Q2 FY2024 | $342.3M | +1.4% | $87.0M | 25.4% |
| Q1 FY2024 | $347.1M | +2.4% | $74.3M | 21.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $347.1M | $342.3M | $338.0M | $303.1M | $337.4M | $333.0M | $325.6M | $308.1M |
| YoY Growth | 2.4% | 1.4% | -5.6% | -4.9% | -2.8% | -2.7% | -3.7% | 1.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.33B | $3.46B | $3.57B | $3.65B | $3.70B | $3.77B | $3.84B | $3.96B |
| Liabilities | $1.83B | $1.90B | $1.93B | $1.98B | $1.98B | $1.99B | $2.01B | $2.10B |
| Equity | $1.50B | $1.57B | $1.63B | $1.67B | $1.72B | $1.77B | $1.83B | $1.86B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $71.9M | $151.5M | $99.3M | $130.0M | $39.5M | $119.9M | $129.6M | $97.0M |