Titan America SA income statement
In fiscal 2025, Titan America SA reported revenue of $1.66bn, up 1.8% on the year before, operating income of $268m (a 16.1% margin) and net income of $185m, or $1.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|
| Revenue | 1,364 | 1,592 | 1,634 | 1,664 |
| Cost of revenue | 1,143 | 1,228 | 1,218 | 1,229 |
| Gross profit | 221 | 363 | 417 | 435 |
| Selling and marketing | 64 | 71 | 78 | 82 |
| Operating income | 97 | 226 | 251 | 268 |
| Interest expense | 2 | 3 | 4 | 4 |
| Income before tax | 80 | 202 | 224 | 245 |
| Income tax | 17 | 47 | 58 | 59 |
| Net income | 63 | 155 | 166 | 185 |
| Diluted EPS | $0.36 | $0.89 | $0.95 | $1.01 |
| Diluted shares (average) | 175m | 175m | 175m | 183m |
| EBITDA | 185 | 317 | 351 | 377 |
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