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Minerals Technologies Inc. 2026年季度报告

2026-05-01 美股财报 王英杰
报告封面

FORM 10-Q☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended April 5, 2026or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934Commission File Number 1-11430 MINERALS TECHNOLOGIES INC. (Exact name of registrant as specified in its charter) 25-1190717(I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 622 Third Avenue, New York, New York 10017-6707(Address of principal executive offices, including zip code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, orand emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging Large Accelerated Filer☒Non-accelerated Filer☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of April 22, 2026, there were 31,008,734 shares of common stock, par value of $0.10 per share, of the registrant outstanding. MINERALS TECHNOLOGIES INC.INDEX TO FORM 10-Q Item 1.Financial Statements:Condensed Consolidated Statements of Income (Loss) for thethree-month periods ended April 5, 2026 and March30, 2025 (Unaudited)3Condensed Consolidated Statements of Comprehensive Income (Loss) for the three-month periods ended April 5,2026 and March 30, 2025 (Unaudited)4Condensed Consolidated Balance Sheets as of April 5, 2026 (Unaudited) and December 31, 20255Condensed Consolidated Statements of Cash Flows for the three-month periods ended April 5, 2026 and March30, 2025 (Unaudited)6Condensed Consolidated Statements of Changes in Shareholders’ Equity for the three-month periods ended April5, 2026 , and March 30, 2025 (Unaudited)7Notes to Condensed Consolidated Financial Statements (Unaudited)8Report of Independent Registered Public Accounting Firm20Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3.Quantitative and Qualitative Disclosures about Market Risk29Item 4.Controls and Procedures30PART II.OTHER INFORMATIONItem 1.Legal Proceedings30Item 1A.Risk Factors30Item 2.Unregistered Sales of Equity Securities and Use of Proceeds30Item 3.Default Upon Senior Securities30Item 4.Mine Safety Disclosures30Item 5.Other Information31Item 6.Exhibits31Signature322 MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) Note 1.Basis of Presentation and Summary of Significant Accounting Policies The accompanying unaudited Condensed Consolidated Financial Statements have been prepared by management of MineralsTechnologies Inc. (together with its subsidiaries, the “Company,” “MTI,” “we,”“us,” or “our”) in accordance with the rules andregulations of the United States Securities and Exchange Commission. Accordingly, certain information and footnote disclosuresnormally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have beencondensed or omitted. Therefore, these financial statements should be read in conjunction with the consolidated financial statements Company Operations The Company is a global, technology-driven specialty minerals company that develops, produces, and markets a wide rangeof minerals and mineral-based products and services.We utilize global mineral reserves with our core technologies and applications to The Company has two reportable segments: Consumer & Specialties and Engineered Solutions. The Consumer & Specialties segment serves consumer end markets directly with mineral-to-market finished products andalso provides specialty mineral-based solutions and technologies that are an essential component of our customers' finished The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies Use of Estimates The Company employs accounting policies that are in accordance with U.S. general