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Red Flags Detected

  • Going Concern (new) — Company discloses it cannot estimate possible loss or range of loss beyond the amount accrued for talc-related claims, a new uncertainty.
NYSE: MTX MINERALS TECHNOLOGIES INC 10-Q

revenue $548.4M, net income -$183.6M. Minerals Technologies swings to loss on talc charge; sales rise 3.7%

Filed July 31, 2026 · Period ending July 5, 2026 · Compared to 10-Q Jul 25, 2025 · ~1 min read

Key Changes

  • high

    Q2 net loss of $183.6M (diluted EPS -$5.90) driven by a $290M increase in talc litigation reserve, swinging from a $45.4M profit a year ago.

    MD&A: Talc Bankruptcy Charge verify on EDGAR →
  • high

    Company filed a Plan of Reorganization proposing a $450M trust for talc claims, a channeling injunction, and waiver of over $100M in claims.

    Legal Proceedings verify on EDGAR →
  • high

    Operating income swung from +$74.6M to -$220.3M, almost entirely due to the talc charge; revenue rose 3.7% to $548.4M.

    MD&A: Operating Income verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 4, 2026 · How we verify