# Otter Tail Corp: financial statements, quarterly

OTTR · Nasdaq · CIK 1466593 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ottr.md) · [Financials](/companies/ottr/financials.md) · [Filings](/companies/ottr/filings.md) · [Insiders](/companies/ottr/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/ottr/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [358](/filings/0001466593-24-000140.md) | [314 d](/filings/0001466593-26-000015.md) | [347](/filings/0001466593-25-000083.md) | [342](/filings/0001466593-25-000107.md) | [338](/filings/0001466593-25-000122.md) | [303 d](/filings/0001466593-26-000015.md) | [337](/filings/0001466593-26-000051.md) | [333](/filings/0001466593-26-000071.md) | [326](/filings/0001466593-25-000122.md) | [308 d](/filings/0001466593-26-000015.md) | [347](/filings/0001466593-26-000051.md) | [334](/filings/0001466593-26-000071.md) |
| Selling, general and administrative | $m | [15.9](/filings/0001466593-24-000140.md) | [21.2 d](/filings/0001466593-26-000015.md) | [18.9](/filings/0001466593-25-000083.md) | [18.2](/filings/0001466593-25-000107.md) | [18.8](/filings/0001466593-25-000122.md) | [24.2 d](/filings/0001466593-26-000015.md) | [21.3](/filings/0001466593-26-000051.md) | [17.4](/filings/0001466593-26-000071.md) | [17.8](/filings/0001466593-25-000122.md) | [26.1 d](/filings/0001466593-26-000015.md) | [21.8](/filings/0001466593-26-000051.md) | [22.2](/filings/0001466593-26-000071.md) |
| Operating income | $m | [121](/filings/0001466593-24-000140.md) | [70.1 d](/filings/0001466593-26-000015.md) | [95.0](/filings/0001466593-25-000083.md) | [111](/filings/0001466593-25-000107.md) | [108](/filings/0001466593-25-000122.md) | [66.8 d](/filings/0001466593-26-000015.md) | [84.0](/filings/0001466593-26-000051.md) | [97.5](/filings/0001466593-26-000071.md) | [96.6](/filings/0001466593-25-000122.md) | [67.6 d](/filings/0001466593-26-000015.md) | [85.2](/filings/0001466593-26-000051.md) | [(24.2)](/filings/0001466593-26-000071.md) |
| Interest expense | $m | [9.2](/filings/0001466593-24-000140.md) | [9.4 d](/filings/0001466593-24-000039.md) | [9.9](/filings/0001466593-24-000113.md) | [10.2](/filings/0001466593-25-000107.md) | [11.2](/filings/0001466593-25-000122.md) | [10.6 d](/filings/0001466593-26-000015.md) | [11.6](/filings/0001466593-26-000051.md) | [11.7](/filings/0001466593-26-000071.md) | [11.8](/filings/0001466593-25-000122.md) | [12.2 d](/filings/0001466593-26-000015.md) | [12.6](/filings/0001466593-26-000051.md) | [12.9](/filings/0001466593-26-000071.md) |
| Income tax | $m | [24.7](/filings/0001466593-24-000140.md) | [11.2 d](/filings/0001466593-26-000015.md) | [17.8](/filings/0001466593-25-000083.md) | [20.6](/filings/0001466593-25-000107.md) | [18.7](/filings/0001466593-25-000122.md) | [8.2 d](/filings/0001466593-26-000015.md) | [10.1](/filings/0001466593-26-000051.md) | [13.7](/filings/0001466593-26-000071.md) | [12.8](/filings/0001466593-25-000122.md) | [9.8 d](/filings/0001466593-26-000015.md) | [4.9](/filings/0001466593-26-000051.md) | [(21.2)](/filings/0001466593-26-000071.md) |
| Net income | $m | [92.0](/filings/0001466593-24-000140.md) | [57.8 d](/filings/0001466593-26-000015.md) | [74.3](/filings/0001466593-25-000083.md) | [87.0](/filings/0001466593-25-000107.md) | [85.5](/filings/0001466593-25-000122.md) | [54.9 d](/filings/0001466593-26-000015.md) | [68.1](/filings/0001466593-26-000051.md) | [77.7](/filings/0001466593-26-000071.md) | [78.3](/filings/0001466593-25-000122.md) | [51.8 d](/filings/0001466593-26-000015.md) | [72.6](/filings/0001466593-26-000051.md) | [(7.6)](/filings/0001466593-26-000071.md) |
| Diluted EPS | $ per share | [2.19](/filings/0001466593-24-000140.md) | not reported | [1.77](/filings/0001466593-25-000083.md) | [2.07](/filings/0001466593-25-000107.md) | [2.03](/filings/0001466593-25-000122.md) | not reported | [1.62](/filings/0001466593-26-000051.md) | [1.85](/filings/0001466593-26-000071.md) | [1.86](/filings/0001466593-25-000122.md) | not reported | [1.73](/filings/0001466593-26-000051.md) | [(0.18)](/filings/0001466593-26-000071.md) |
| Basic EPS | $ per share | [2.21](/filings/0001466593-24-000140.md) | not reported | [1.78](/filings/0001466593-25-000083.md) | [2.08](/filings/0001466593-25-000107.md) | [2.04](/filings/0001466593-25-000122.md) | not reported | [1.63](/filings/0001466593-26-000051.md) | [1.86](/filings/0001466593-26-000071.md) | [1.87](/filings/0001466593-25-000122.md) | not reported | [1.73](/filings/0001466593-26-000051.md) | [(0.18)](/filings/0001466593-26-000071.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating, us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [189](/filings/0001466593-23-000161.md) | [230](/filings/0001466593-25-000034.md) | [238](/filings/0001466593-24-000113.md) | [231](/filings/0001466593-24-000129.md) | [280](/filings/0001466593-24-000140.md) | [295](/filings/0001466593-26-000015.md) | [285](/filings/0001466593-25-000083.md) | [307](/filings/0001466593-25-000107.md) | [326](/filings/0001466593-25-000122.md) | [386](/filings/0001466593-26-000071.md) | [348](/filings/0001466593-26-000051.md) | [278](/filings/0001466593-26-000071.md) |
| Current assets | $m | [557](/filings/0001466593-23-000161.md) | [570](/filings/0001466593-25-000034.md) | [608](/filings/0001466593-24-000113.md) | [614](/filings/0001466593-24-000129.md) | [650](/filings/0001466593-24-000140.md) | [630](/filings/0001466593-26-000015.md) | [651](/filings/0001466593-25-000083.md) | [674](/filings/0001466593-25-000107.md) | [737](/filings/0001466593-25-000122.md) | [800](/filings/0001466593-26-000071.md) | [799](/filings/0001466593-26-000051.md) | [837](/filings/0001466593-26-000071.md) |
| Total assets | $m | [3,187](/filings/0001466593-23-000161.md) | [3,243](/filings/0001466593-25-000034.md) | [3,326](/filings/0001466593-24-000113.md) | [3,461](/filings/0001466593-24-000129.md) | [3,567](/filings/0001466593-24-000140.md) | [3,652](/filings/0001466593-26-000015.md) | [3,697](/filings/0001466593-25-000083.md) | [3,765](/filings/0001466593-25-000107.md) | [3,844](/filings/0001466593-25-000122.md) | [3,964](/filings/0001466593-26-000071.md) | [4,153](/filings/0001466593-26-000051.md) | [4,294](/filings/0001466593-26-000071.md) |
| Current liabilities | $m | [310](/filings/0001466593-23-000161.md) | [310](/filings/0001466593-25-000034.md) | [208](/filings/0001466593-24-000113.md) | [271](/filings/0001466593-24-000129.md) | [300](/filings/0001466593-24-000140.md) | [310](/filings/0001466593-26-000015.md) | [248](/filings/0001466593-25-000083.md) | [203](/filings/0001466593-25-000107.md) | [206](/filings/0001466593-25-000122.md) | [351](/filings/0001466593-26-000071.md) | [392](/filings/0001466593-26-000051.md) | [491](/filings/0001466593-26-000071.md) |
| Long-term debt | $m | [824](/filings/0001466593-23-000161.md) | [824](/filings/0001466593-24-000140.md) | [944](/filings/0001466593-24-000113.md) | [944](/filings/0001466593-24-000129.md) | [944](/filings/0001466593-24-000140.md) | [944](/filings/0001466593-26-000015.md) | [994](/filings/0001466593-25-000083.md) | [1,043](/filings/0001466593-25-000107.md) | [1,043](/filings/0001466593-25-000122.md) | [964](/filings/0001466593-26-000071.md) | [1,063](/filings/0001466593-26-000051.md) | [1,133](/filings/0001466593-26-000071.md) |
| Current portion of debt | $m | not reported | [0.0](/filings/0001466593-24-000039.md) | not reported | not reported | not reported | [0.0](/filings/0001466593-26-000015.md) | not reported | not reported | not reported | [80.0](/filings/0001466593-26-000071.md) | [80.0](/filings/0001466593-26-000051.md) | [80.0](/filings/0001466593-26-000071.md) |
| Short-term borrowings | $m | [51.5](/filings/0001466593-23-000161.md) | [81.4](/filings/0001466593-25-000034.md) | [0.0](/filings/0001466593-24-000113.md) | [12.8](/filings/0001466593-24-000129.md) | [67.4](/filings/0001466593-24-000140.md) | [69.6](/filings/0001466593-26-000015.md) | [58.9](/filings/0001466593-25-000083.md) | [0.0](/filings/0001466593-25-000107.md) | [0.0](/filings/0001466593-25-000122.md) | [60.2](/filings/0001466593-26-000071.md) | [68.0](/filings/0001466593-26-000051.md) | [53.8](/filings/0001466593-26-000071.md) |
| Shareholders' equity | $m | [1,403](/filings/0001466593-24-000140.md) | [1,443](/filings/0001466593-26-000015.md) | [1,497](/filings/0001466593-25-000107.md) | [1,566](/filings/0001466593-25-000122.md) | [1,633](/filings/0001466593-25-000122.md) | [1,668](/filings/0001466593-26-000071.md) | [1,717](/filings/0001466593-26-000071.md) | [1,774](/filings/0001466593-26-000071.md) | [1,831](/filings/0001466593-25-000122.md) | [1,862](/filings/0001466593-26-000071.md) | [1,908](/filings/0001466593-26-000071.md) | [1,877](/filings/0001466593-26-000071.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent, us-gaap:LongTermDebt
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [134 d](/filings/0001466593-24-000140.md) | [86.0 d](/filings/0001466593-26-000015.md) | [71.9](/filings/0001466593-25-000083.md) | [152 d](/filings/0001466593-25-000107.md) | [99.3 d](/filings/0001466593-25-000122.md) | [130 d](/filings/0001466593-26-000015.md) | [39.5](/filings/0001466593-26-000051.md) | [120 d](/filings/0001466593-26-000071.md) | [130 d](/filings/0001466593-25-000122.md) | [97.0 d](/filings/0001466593-26-000015.md) | [70.6](/filings/0001466593-26-000051.md) | [112 d](/filings/0001466593-26-000071.md) |
| Capital expenditure | $m | [78.3 d](/filings/0001466593-24-000140.md) | [57.3 d](/filings/0001466593-26-000015.md) | [74.0](/filings/0001466593-25-000083.md) | [101 d](/filings/0001466593-25-000107.md) | [84.2 d](/filings/0001466593-25-000122.md) | [98.9 d](/filings/0001466593-26-000015.md) | [58.0](/filings/0001466593-26-000051.md) | [66.2 d](/filings/0001466593-26-000071.md) | [89.1 d](/filings/0001466593-25-000122.md) | [74.7 d](/filings/0001466593-26-000015.md) | [185](/filings/0001466593-26-000051.md) | [139 d](/filings/0001466593-26-000071.md) |
| Dividends paid | $m | [18.3 d](/filings/0001466593-24-000140.md) | [18.3 d](/filings/0001466593-26-000015.md) | [19.6](/filings/0001466593-25-000083.md) | [19.6 d](/filings/0001466593-25-000107.md) | [19.6 d](/filings/0001466593-25-000122.md) | [19.6 d](/filings/0001466593-26-000015.md) | [22.0](/filings/0001466593-26-000051.md) | [22.0 d](/filings/0001466593-26-000071.md) | [22.0 d](/filings/0001466593-25-000122.md) | [22.0 d](/filings/0001466593-26-000015.md) | [24.3](/filings/0001466593-26-000051.md) | [24.3 d](/filings/0001466593-26-000071.md) |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: not reported

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [42.0](/filings/0001466593-23-000161.md) | [42.0](/filings/0001466593-24-000113.md) | [42.1](/filings/0001466593-24-000129.md) | [42.1](/filings/0001466593-24-000140.md) | [42.0](/filings/0001466593-25-000083.md) | [42.1](/filings/0001466593-25-000107.md) | [42.1](/filings/0001466593-25-000122.md) | [42.1](/filings/0001466593-26-000051.md) | [42.1](/filings/0001466593-26-000071.md) | [42.1](/filings/0001466593-25-000122.md) | [42.1](/filings/0001466593-26-000051.md) | [42.0](/filings/0001466593-26-000071.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 41,985,580 at 2026-07-31, from the cover of the [10-Q filed 2026-08-05](/filings/0001466593-26-000071.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:40 ET. No prices; not investment advice.