Form 8-K

8-K — MINERALS TECHNOLOGIES INC

Accession: 0000891014-26-000164

Filed: 2026-07-30

Period: 2026-07-30

CIK: 0000891014

SIC: 2810 (INDUSTRIAL INORGANIC CHEMICALS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — mtx-20260730.htm (Primary)

EX-99.1 (ex99_1.htm)

GRAPHIC (image1-1.gif)

GRAPHIC (image1-2.gif)

GRAPHIC (image1.gif)

GRAPHIC (image1-3.gif)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT FILING

8-K (Primary)

Filename: mtx-20260730.htm · Sequence: 1

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant To Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 30, 2026

MINERALS TECHNOLOGIES INC.

(Exact name of registrant as specified in its charter)

Delaware

1-11430

25-1190717

(State or other jurisdiction

of incorporation)

(Commission File

Number)

(IRS Employer

Identification No.)

622 Third Avenue, New York, NY

10017-6707

(Address of principal executive offices)

(Zip Code)

(212) 878-1800

(Registrant's telephone number, including area code)

Title of each class

Trading Symbol

Name of exchange on which registered

Common Stock, $0.10 par value

MTX

New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.

[ ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

(17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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 any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 2.02

Other Events

On July 30, 2026, Minerals Technologies Inc. issued a press release regarding its financial performance for the second quarter of 2026. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

The information in this Item 2.02 and Exhibit 99.1 shall not be deemed filed for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits

99.1

Press Release dated July 30, 2026

104

Cover Page Interactive Data File (formatted as inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MINERALS TECHNOLOGIES INC.

(Registrant)

By:

/s/ Timothy J. Jordan

Name:

Timothy J. Jordan

Title:

Vice President, General Counsel, Secretary and Chief Compliance Officer

Date: July 30, 2026

0000891014

false

0000891014

2026-07-30

EX-99.1

Filename: ex99_1.htm · Sequence: 5

EXHIBIT 99.1

News Release

Minerals Technologies Inc. Announces 2026 Second Quarter Financial Results

●

Sales up 4 percent versus

prior year and up 7 percent year-to-date; on track for mid-single digit growth

for full year

●

Strong cash flow generation,

up significantly year-to-date versus prior year

●

Balance sheet remains solid, adjusted

net leverage ratio at 1.6x

●

Published 18th

Sustainability Report and established new 10-year environmental targets

●

Company will host Investor Day

event on September 22, 2026

NEW YORK, July 30, 2026 (GLOBE

NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI”), a leading,

technology-driven specialty minerals company, today reported a loss per share

for the second quarter ended July 5, 2026, of $5.90, or earnings per share of

$1.60 excluding special items, representing a 3 percent increase over the prior

year.

“Our sales momentum

continued in the second quarter, resulting in 7 percent growth in the first half

of the year. This trend is being driven by our growth initiatives and strong market conditions, and we are on track to hit our full year revenue targets,” said

Douglas T. Dietrich, Chairman and Chief Executive Officer. “We absorbed

significant inflationary cost increases that temporarily impacted margins, primarily in the Consumer & Specialties segment, but have pricing actions into place to restore them

through the back half of the year.”

Consolidated Results

In the second quarter, MTI’s

worldwide net sales were $548 million, up 4 percent over the prior year. Foreign exchange had a favorable

impact of $7 million on sales. For the first half of 2026, consolidated sales were

$1.1 billion, up 7 percent over prior year.

Reported operating loss in the

second quarter was $220 million, or operating income of $75 million excluding

special items. The special items include a $290 million charge to increase the company’s

reserve for estimated costs to fund a trust to resolve all current and future

talc-related claims as well as fund the Chapter 11 cases of its subsidiary BMI

OldCo Inc. and affiliated debtors and related litigation costs.

Second Quarter 2026 Segment Results

Consumer & Specialties segment sales were $275

million, down 1 percent from the prior year. Sales in the Household &

Personal Care product line were $123 million, down 3 percent from the prior

year due to lower sales in high-margin consumer specialty products. Sales in

the Specialty Additives product line were $151 million, up 1 percent over the prior

year, primarily driven by higher sales to paper and packaging customers.

Segment reported operating

income was $29 million, down 21 percent excluding special items, due to

unfavorable volume mix as well as higher energy, transportation, and raw

material costs that were not fully recovered within the quarter due to the

timing of contractual pricing adjustments.

MTI’s Consumer &

Specialties segment provides functional components that become part of a

variety of consumer and industrial products and touch millions of lives every

day. It includes two product lines: Household & Personal Care, which

delivers mineral-to-market products for improved performance and enhanced

consumer experiences in end markets including cat litter, household and

personal care, edible oil and renewable fuel purification, animal health, and

agriculture; and Specialty Additives, which offers mineral-based technologies

for improved functionality in end markets including paper and packaging, food

and pharmaceuticals, sealants and adhesives, paints and coatings, and

residential construction.

Engineered Solutions

segment sales were $274 million, up 9 percent over the prior year. Sales

in the High-Temperature Technologies product line were $190 million, up 7

percent over the prior year, driven by continued higher sales to steel

customers in the U.S. and foundry businesses in Asia. In the Environmental & Infrastructure

product line, sales were $84 million, up 15 percent over the prior year, driven

by stronger sales related to building materials, large-scale project activity,

and infrastructure drilling.

Segment reported operating

income was $49 million, up 12 percent excluding special items, representing a

record operating margin of 17.8 percent of sales.

MTI’s Engineered Solutions

segment provides advanced technologies and solutions designed to improve

customers’ manufacturing processes and projects. It includes two product lines:

High-Temperature Technologies, which delivers mineral-based blends,

technologies, and systems that solve complex challenges in the foundry, steel,

and other high-temperature processing industries; and Environmental &

Infrastructure, which offers solutions for water treatment, fluid management, building

materials, and environmental, remediation, and infrastructure-related projects.

Publication

of the 18th Annual Sustainability Report

MTI published the 18th edition of its annual Sustainability

Report, highlighting the company's environmental, safety, and community

achievements and establishing a new set of 10-year environmental targets

through 2035. It also shared that by 2025, the company had successfully

achieved all 12 environmental targets it established in 2018. Key

accomplishments included a 34 percent reduction in Scope 1 emissions, a 42

percent reduction in Scope 2 emissions, a 31 percent reduction in water

withdrawals, a 56 percent reduction in water discharge, and a 44 percent

reduction in landfill waste.

MTI continues to support its customers' sustainability objectives

through innovative solutions that help reduce emissions and waste, improve

resource efficiency, and address environmental challenges such as PFAS

remediation. In 2025, 67 percent of the company’s products commercialized

during the previous five years had a sustainable profile.

The Sustainability Report

is available at www.mineralstech.com/sustainability.

Company

to Host 2026 Investor Day Event

MTI will host an

Investor Day event on September 22, 2026, starting at 1 p.m. Eastern Time (EST)

at its Bethlehem, Pennsylvania R&D facility. A live webcast with management

will be followed by a tour for in-person attendees of the R&D facility,

with a focus on the company’s Crystal Engineering and Engineered Blends technologies.

“We are excited to

welcome investors to our 2026 Investor Day, where we will provide an update on

the strategic growth initiatives driving MTI’s performance today and discuss

the opportunities that will shape our future,” said Dietrich. “Our team will

showcase MTI’s unique combination of mineral resources, technologies, and

application expertise and highlight how we develop innovative solutions that align

with emerging customer and market trends. We will also preview some of the new

applications that we believe will open up new markets in the next few years and

continue to create long-term shareholder value.”

Conference Call

MTI will host a

conference call tomorrow, July 31, 2026, at 11 a.m. Eastern Time. The live earnings webcast

can be accessed at https://investors.mineralstech.com/quarterly-results-conference-calls. A presentation for the

call will be available at the same location at approximately 10:30 a.m. Eastern Time on July

31, 2026.

FORWARD-LOOKING STATEMENTS

This press release may contain

"forward‐looking

statements" within the meaning of the Private Securities Litigation Reform

Act of 1995. Forward-looking statements provide current expectations and

forecasts of future events such as new products, revenues, and financial

performance, and are not limited to describing historical or current facts.

They can be identified by the use of words such as “believes,” “expects,”

“plans,” “intends,” “anticipates,” and other words and phrases of similar

meaning. Forward-looking statements are necessarily based on assumptions,

estimates, and limited information available at the time they are made. A broad

variety of risks and uncertainties, both known and unknown, as well as the

inaccuracy of assumptions and estimates, can affect the realization of the

expectations or forecasts in these statements. Actual future results may vary

materially. Significant factors that could affect the expectations and

forecasts include worldwide general economic, business, and industry

conditions; the cyclicality of our customers’ businesses and their changing

regional demands; our ability to compete in very competitive industries;

consolidation in customer industries, principally paper, foundry, and steel;

our ability to renew or extend long term sales contracts for our satellite

operations; our ability to generate cash to service our debt; our ability to

comply with the covenants in the agreements governing our debt; our ability to

effectively achieve and implement our growth initiatives or consummate the

transactions described in the statements; our ability to successfully develop

new products; our ability to defend our intellectual property; the increased

risks of doing business abroad; the availability of raw materials and access to

ore reserves at our mining operations, or increases in costs of raw materials,

energy, or shipping; compliance with or changes to regulation in the areas of

environmental, health and safety, and tax; risks and uncertainties related to

the voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code

filed by our subsidiaries BMI OldCo Inc. (f/k/a Barretts Minerals Inc.) and

Barretts Ventures Texas LLC; claims for legal, environmental, and tax matters

or product stewardship issues; operating risks and capacity limitations

affecting our production facilities; seasonality of some of our businesses;

cybersecurity and other threats relating to our information technology systems;

and other risk factors and cautionary statements in our 2025 Annual Report on

Form 10‐K,

Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other reports

filed with the Securities and Exchange Commission. The Company undertakes no

obligation to publicly update any forward‐looking statement, whether as

a result of new information, future events, or otherwise.

About Minerals Technologies Inc.

Minerals Technologies

Inc. (NYSE:MTX) is a global, technology-driven specialty minerals company that sources,

manufactures, sells, and distributes a wide range of minerals and mineral-based

products and services. We utilize our global mineral reserves, combined with

our core technologies and applications, to deliver innovative products that are

an essential part of everyday life. We serve customers in consumer and

industrial markets worldwide, have 4,000 employees in 34 countries, and

reported global sales of $2.1 billion in 2025. For further information, visit

www.mineralstech.com.

Investor Relations Contact

Lydia Kopylova

lydia.kopylova@mineralstech.com

Media Contact

Stephanie Heise

stephanie.heise@mineralstech.com

###

MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)

(in millions of dollars, except per share data)

(unaudited)

Quarter Ended % Growth Six Months Ended % Growth

Jul. 5, Apr. 5, Jun. 29, Prior Prior Jul. 5, Jun. 29, Prior

2026 2026 2025 Qtr. Year 2026 2025 Year

Net sales $ 548.4 $ 546.9 $ 528.9 0 % 4 % $ 1,095.3 $ 1,020.7 7 %

Cost of goods sold 414.6 415.8 392.0 0 % 6 % 830.4 764.2 9 %

Production margin 133.8 131.1 136.9 2 % (2 )% 264.9 256.5 3 %

Marketing and administrative expenses 53.3 57.5 52.2 (7 )% 2 % 110.8 102.8 8 %

Research and development expenses 5.9 6.1 5.7 (3 )% 4 % 12.0 11.5 4 %

Provision for litigation accrual and credit losses 290.0 0.0 0.0 * * 290.0 215.0 *

Restructuring and other items 0.0 0.0 5.8 * * 0.0 11.3 *

Gain on sale of assets, net 0.0 0.0 (5.6 ) * * 0.0 (5.6 ) *

Litigation expenses 4.9 8.8 4.2 (44 )% 17 % 13.7 7.0 96 %

Income (loss) from operations (220.3 ) 58.7 74.6 * * (161.6 ) (85.5 ) *

Interest expense, net (12.1 ) (13.3 ) (13.6 ) (9 )% (11 )% (25.4 ) (27.8 ) (9 )%

Other non-operating income (deductions), net 1.1 0.5 (1.9 ) 120 % * 1.6 (3.9 ) *

Total non-operating deductions, net (11.0 ) (12.8 ) (15.5 ) (14 )% (29 )% (23.8 ) (31.7 ) (25 )%

Income (loss) before tax and equity in earnings (231.3 ) 45.9 59.1 * * (185.4 ) (117.2 ) *

Provision (benefit) for taxes on income (46.2 ) 9.9 13.9 * * (36.3 ) (18.2 ) 99 %

Equity in earnings of affiliates, net of tax 2.5 1.3 1.1 92 % 127 % 3.8 2.3 65 %

Net income (loss) (182.6 ) 37.3 46.3 * * (145.3 ) (96.7 ) *

Less: Net income attributable to non-controlling interests 1.0 1.1 0.9 (9 )% 11 % 2.1 1.9 11 %

Net income (loss) attributable to Minerals Technologies Inc. (MTI) $ (183.6 ) $ 36.2 $ 45.4 * * $ (147.4 ) $ (98.6 ) *

Weighted average number of common shares outstanding:

Basic 31.1 31.0 31.6 31.1 31.7

Diluted 31.1 31.0 31.6 31.1 31.7

Earnings (loss) per share attributable to MTI:

Basic $ (5.90 ) $ 1.17 $ 1.44 * * $ (4.74 ) $ (3.11 ) *

Diluted $ (5.90 ) $ 1.17 $ 1.44 * * $ (4.74 ) $ (3.11 ) *

Cash dividends declared per common share $ 0.12 $ 0.12 $ 0.11 $ 0.24 $ 0.22

* Percentage not meaningful

MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES

NOTES TO CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)

1) For comparative purposes, the quarterly periods ended July 5, 2026, April 5, 2026, and June 29, 2025 consisted of 91 days, 95 days, and 91 days, respectively. The six month periods ended July 5, 2026 and June 29, 2025 consisted of 186 days and 180 days, respectively.

2) To supplement the Company's consolidated financial statements presented in accordance with GAAP, the following is a presentation of the Company's non-GAAP earnings per share, excluding special items, for the quarterly periods ended July 5, 2026, April 5, 2026, and June 29, 2025, and the six month periods ended July 5, 2026 and June 29, 2025 and a reconciliation to reported earnings per share for such periods. The Company's management believes these non-GAAP measures provide meaningful supplemental information regarding its performance as inclusion of such special items are not indicative of the ongoing operating results and thereby affect the comparability of results between periods. The Company believes inclusion of these non-GAAP measures also provides consistency in its financial reporting and facilitates investors' understanding of historic operating trends.

(in millions of dollars, except per share data) Quarter Ended Six Months Ended

Jul. 5, Apr. 5, Jun. 29, Jul. 5, Jun. 29,

2026 2026 2025 2026 2025

Net income (loss) attributable to MTI $ (183.6 ) $ 36.2 $ 45.4 $ (147.4 ) $ (98.6 )

% of sales * 6.6 % 8.6 % * *

Special items:

Provision for litigation accrual and credit losses 290.0 0.0 0.0 290.0 215.0

Restructuring and other items 0.0 0.0 5.8 0.0 11.3

Gain on sale of assets, net 0.0 0.0 (5.6 ) 0.0 (5.6 )

Litigation expenses 4.9 8.8 4.2 13.7 7.0

Related tax effects on special items (61.5 ) (2.2 ) (0.9 ) (63.7 ) (43.8 )

Net income attributable to MTI, excluding special items $ 49.8 $ 42.8 $ 48.9 $ 92.6 $ 85.3

% of sales 9.1 % 7.8 % 9.2 % 8.5 % 8.4 %

Diluted earnings per share, excluding special items $ 1.60 $ 1.38 $ 1.55 $ 2.98 $ 2.69

* Percentage not meaningful

In the second quarter of 2025, the Company recorded a $5.6 million net gain on the final installment for the sale of refractories manufacturing assets in China.

In the second quarter of 2025, the Company recorded a $5.8 million charge in restructuring and other items primarily for the write-down of assets and other charges relating to the consolidation of two facilities.

In the first quarter of 2025, the Company recorded a $215 million provision to establish a reserve for estimated costs to fund a trust to resolve all current and future talc-related settlements as well as fund the bankruptcy of BMI Oldco Inc.’s (f/k/a Barretts Minerals Inc.) (“Oldco”) and Barretts Ventures Texas LLC, and related litigation costs. Included in this provision is $30 million of additional debtor-in-possession financing by Minerals Technologies Investments LLC to the Debtors, which was committed in Q2 2025. In addition, the Company initiated a cost savings program and recorded a $5.5 million charge relating to severance and other costs in the first quarter of 2025. The Company incurred litigation and settlement expenses of $4.9 million, $8.8 million, and $4.2 million for the quarterly periods ending July 5, 2026, April 5, 2026, and June 29, 2025, respectively, in connection with the bankruptcy of Oldco and lawsuits related to talc products sold by Oldco.

In the second quarter of 2026, the Company filed a Plan of Reorganization in the Chapter 11 cases of its subsidiary BMI Oldco Inc. which would present a viable, efficient, and advantageous resolution of these Chapter 11 cases. Accordingly, the Company recorded a charge of $290 million to increase the Company's reserve for estimated costs.

3) Free cash flow is defined as cash flow from operations less capital expenditures. The following is a presentation of the Company's non-GAAP free cash flow for the quarterly periods ended July 5, 2026, April 5, 2026, and June 29, 2025, and the six month periods ended July 5, 2026 and June 29, 2025 and a reconciliation to cash flow from operations for such periods. The Company's management believes this non-GAAP measure provides meaningful supplemental information as management uses this measure to evaluate the Company's ability to maintain capital assets, satisfy current and future obligations, repurchase stock, pay dividends, and fund future business opportunities. Free cash flow is not a measure of cash available for discretionary expenditures since the Company has certain non-discretionary obligations such as debt service that are not deducted from the measure. The Company's definition of free cash flow may not be comparable to similarly titled measures reported by other companies.

Quarter Ended Six Months Ended

(in millions of dollars) Jul. 5, Apr. 5, Jun. 29, Jul. 5, Jun. 29,

2026 2026 2025 2026 2025

Cash flow from operations $ 63.0 $ 32.1 $ 62.9 $ 95.1 $ 58.5

Capital expenditures 27.2 23.1 29.1 50.3 47.4

Free cash flow $ 35.8 $ 9.0 $ 33.8 $ 44.8 $ 11.1

Depreciation, depletion, and amortization expense $ 23.5 $ 24.9 $ 22.0 $ 48.4 $ 45.5

4) “Adjusted EBITDA” is a non-GAAP financial measure and refers to earnings before interest, taxes, depreciation and amortization (EBITDA), excluding special items. The following is a presentation of the Company's non-GAAP EBITDA and Adjusted EBITDA for the quarterly periods ended July 5, 2026, April 5, 2026, and June 29, 2025, and the six month periods ended July 5, 2026 and June 29, 2025, and a reconciliation to net income for such periods. “Adjusted Net Leverage” is a non-GAAP financial measure and refers to Total Debt less Cash & Cash Equivalents, divided by trailing 12-month Adjusted EBITDA. The following also presents Adjusted Net Leverage for the quarterly periods ended July 5, 2026, April 5, 2026, and June 29, 2025. The Company's management believes these non-GAAP measures provide meaningful supplemental information regarding its performance and capital allocation strategies, and facilitates investors' understanding of historic operating trends.

Quarter Ended Six Months Ended

(in millions of dollars) Jul. 5, Apr. 5, Jun. 29, Jul. 5, Jun. 29,

2026 2026 2025 2026 2025

Net income (loss) attributable to MTI $ (183.6 ) $ 36.2 $ 45.4 $ (147.4 ) $ (98.6 )

Add back:

Depreciation, depletion, and amortization expense 23.5 24.9 22.0 48.4 45.5

Interest expense, net 12.1 13.3 13.6 25.4 27.8

Equity in earnings of affiliates, net of tax (2.5 ) (1.3 ) (1.1 ) (3.8 ) (2.3 )

Net income attributable to non-controlling interests 1.0 1.1 0.9 2.1 1.9

Provision (benefit) for taxes on income (46.2 ) 9.9 13.9 (36.3 ) (18.2 )

EBITDA (195.7 ) 84.1 94.7 (111.6 ) (43.9 )

Add special items:

Provision for litigation accrual and credit losses 290.0 0.0 0.0 290.0 215.0

Restructuring and other items 0.0 0.0 5.8 0.0 11.3

Gain on sale of assets, net 0.0 0.0 (5.6 ) 0.0 (5.6 )

Litigation expenses 4.9 8.8 4.2 13.7 7.0

Adjusted EBITDA $ 99.2 $ 92.9 $ 99.1 $ 192.1 $ 183.8

% of sales 18.1 % 17.0 % 18.7 % 17.5 % 18.0 %

Total Debt $ 964.9 $ 966.2 $ 983.3

Less: cash, cash equivalents and short-term investments 346.2 321.3 320.0

Total $ 618.7 $ 644.9 $ 663.3

TTM Adjusted EBITDA $ 379.7 $ 379.6 $ 381.3

Adjusted net leverage 1.6 X 1.7 X 1.7 X

5) The following table reflects the components of non-operating income and deductions:

(in millions of dollars) Quarter Ended Six Months Ended

Jul. 5, Apr. 5, Jun. 29, Jul. 5, Jun. 29,

2026 2026 2025 2026 2025

Interest income $ 1.5 $ 1.3 $ 1.2 $ 2.8 $ 2.4

Interest expense (13.6 ) (14.6 ) (14.8 ) (28.2 ) (30.2 )

Foreign exchange gains (losses) 0.7 1.4 (1.7 ) 2.1 (1.9 )

Other income (deductions) 0.4 (0.9 ) (0.2 ) (0.5 ) (2.0 )

Total non-operating deductions, net $ (11.0 ) $ (12.8 ) $ (15.5 ) $ (23.8 ) $ (31.7 )

6) The analyst conference call to discuss operating results for the second quarter is scheduled for Friday, July 31, 2026 at 11:00 am Eastern Time and will be broadcast over the Company's website (www.mineralstech.com). The broadcast will remain on the Company's website for no less than one year.

MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES

SUPPLEMENTARY DATA

(in millions of dollars)

(unaudited)

Quarter Ended % Growth Six Months Ended % Growth

SALES DATA Jul. 5, % of Apr. 5, % of Jun. 29, % of Prior Prior Jul. 5, % of Jun. 29, % of Prior

2026 Total Sales 2026 Total Sales 2025 Total Sales Qtr. Year 2026 Total Sales 2025 Total Sales Year

United States $ 275.4 50 % $ 280.6 51 % $ 281.9 53 % (2 )% (2 )% $ 556.0 51 % $ 544.3 53 % 2 %

International 273.0 50 % 266.3 49 % 247.0 47 % 3 % 11 % 539.3 49 % 476.4 47 % 13 %

Net Sales $ 548.4 100 % $ 546.9 100 % $ 528.9 100 % 0 % 4 % $ 1,095.3 100 % $ 1,020.7 100 % 7 %

Household & Personal Care $ 123.4 22 % $ 142.4 26 % $ 127.4 24 % (13 )% (3 )% $ 265.8 24 % $ 250.5 25 % 6 %

Specialty Additives 151.1 28 % 154.2 28 % 150.3 28 % (2 )% 1 % 305.3 28 % 295.5 29 % 3 %

Consumer & Specialties Segment $ 274.5 50 % $ 296.6 54 % $ 277.7 52 % (7 )% (1 )% $ 571.1 52 % $ 546.0 54 % 5 %

High-Temperature Technologies $ 190.3 35 % $ 183.3 34 % $ 178.4 34 % 4 % 7 % $ 373.6 34 % $ 347.8 34 % 7 %

Environmental & Infrastructure 83.6 15 % 67.0 12 % 72.8 14 % 25 % 15 % 150.6 14 % 126.9 12 % 19 %

Engineered Solutions Segment $ 273.9 50 % $ 250.3 46 % $ 251.2 48 % 9 % 9 % $ 524.2 48 % $ 474.7 46 % 10 %

MTI Consolidated Net Sales $ 548.4 100 % $ 546.9 100 % $ 528.9 100 % 0 % 4 % $ 1,095.3 100 % $ 1,020.7 100 % 7 %

MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES

SUPPLEMENTARY DATA

(in millions of dollars)

(unaudited)

Quarter Ended % Growth Six Months Ended % Growth

Jul. 5, Apr. 5, Jun. 29, Prior Prior Jul. 5, Jun. 29, Prior

SEGMENT OPERATING INCOME (LOSS) DATA 2026 2026 2025 Qtr. Year 2026 2025 Year

Consumer & Specialties Segment $ 29.3 $ 32.5 $ 34.0 (10 )% (14 )% $ 61.8 $ 61.5 0 %

% of Sales 10.7 % 11.0 % 12.2 % 10.8 % 11.3 %

Engineered Solutions Segment $ 48.8 $ 39.3 $ 46.8 24 % 4 % $ 88.1 $ 80.4 10 %

% of Sales 17.8 % 15.7 % 18.6 % 16.8 % 16.9 %

Unallocated and Other Corporate Expenses $ (298.4 ) $ (13.1 ) $ (6.2 ) * * $ (311.5 ) $ (227.4 ) *

MTI Consolidated $ (220.3 ) $ 58.7 $ 74.6 * * $ (161.6 ) $ (85.5 ) *

% of Sales * 10.7 % 14.1 % * *

SPECIAL ITEMS

Consumer & Specialties Segment $ - $ - $ 3.3 * * $ - $ 5.8 *

Engineered Solutions Segment $ - $ - $ (3.1 ) * * $ - $ (2.3 ) *

Unallocated and Other Corporate Expenses $ 294.9 $ 8.8 $ 4.2 * * $ 303.7 $ 224.2 *

MTI Consolidated $ 294.9 $ 8.8 $ 4.4 * * $ 303.7 $ 227.7 *

To supplement the Company's consolidated financial statements presented in accordance with GAAP, the following is a presentation of the Company's non-GAAP operating income, excluding special items (set forth in the above table), for the quarterly periods ended July 5, 2026, April 5, 2026, and June 29, 2025, and the six month periods ended July 5, 2026 and June 29, 2025, constituting a reconciliation to GAAP operating income (loss) set forth above. The Company's management believe these non-GAAP measures provide meaningful supplemental information regarding its performance as inclusion of such special items are not indicative of ongoing operating results and thereby affect the comparability of results between periods. The Company believes inclusion of these non-GAAP measures also provides consistency in its financial reporting and facilitates investors' understanding of historic operating trends.

Quarter Ended % Growth Six Months Ended % Growth

SEGMENT OPERATING INCOME, Jul. 5, Apr. 5, Jun. 29, Prior Prior Jul. 5, Jun. 29, Prior

EXCLUDING SPECIAL ITEMS 2026 2026 2025 Qtr. Year 2026 2025 Year

Consumer & Specialties Segment $ 29.3 $ 32.5 $ 37.3 (10 )% (21 )% $ 61.8 $ 67.3 (8 )%

% of Sales 10.7 % 11.0 % 13.4 % 10.8 % 12.3 %

Engineered Solutions Segment $ 48.8 $ 39.3 $ 43.7 24 % 12 % $ 88.1 $ 78.1 13 %

% of Sales 17.8 % 15.7 % 17.4 % 16.8 % 16.5 %

Unallocated and Other Corporate Expenses $ (3.5 ) $ (4.3 ) $ (2.0 ) (19 )% 75 % $ (7.8 ) $ (3.2 ) 144 %

MTI Consolidated $ 74.6 $ 67.5 $ 79.0 11 % (6 )% $ 142.1 $ 142.2 0 %

% of Sales 13.6 % 12.3 % 14.9 % 13.0 % 13.9 %

* Percentage not meaningful

MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions of dollars)

ASSETS

July 5, December 31,

2026* 2025**

Current assets:

Cash & cash equivalents $ 342.2 $ 329.0

Short-term investments 4.0 3.6

Accounts receivable, net 412.6 400.1

Inventories 355.6 350.2

Prepaid expenses and other current assets 69.3 72.7

Total current assets 1,183.7 1,155.6

Property, plant, and equipment 2,329.9 2,308.9

Less accumulated depreciation 1,297.0 1,283.9

Net property, plant, and equipment 1,032.9 1,025.0

Goodwill 915.9 915.9

Intangible assets 202.4 208.7

Other assets and deferred charges 160.3 163.8

Total assets $ 3,495.2 $ 3,469.0

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Short-term debt $ 6.0 $ 0.4

Current maturities of long-term debt 6.0 6.3

Accounts payable 202.6 187.9

Other current liabilities 613.9 360.8

Total current liabilities 828.5 555.4

Long-term debt 952.9 955.0

Deferred income taxes 29.7 90.7

Other non-current liabilities 107.3 118.2

Total liabilities 1,918.4 1,719.3

Total MTI shareholders' equity 1,544.9 1,713.4

Non-controlling interests 31.9 36.3

Total shareholders' equity 1,576.8 1,749.7

Total liabilities and shareholders' equity $ 3,495.2 $ 3,469.0

* Unaudited

** Condensed from audited financial statements.

GRAPHIC

Filename: image1-1.gif · Sequence: 6

Binary file (10028 bytes)

Download image1-1.gif

GRAPHIC

Filename: image1-2.gif · Sequence: 7

Binary file (10028 bytes)

Download image1-2.gif

GRAPHIC

Filename: image1.gif · Sequence: 8

Binary file (10028 bytes)

Download image1.gif

GRAPHIC

Filename: image1-3.gif · Sequence: 9

Binary file (10028 bytes)

Download image1-3.gif

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 11

v3.26.1

Document And Entity Information

Jul. 30, 2026

Document Information Line Items

Entity Central Index Key

0000891014

Document Type

8-K

Document Period End Date

Jul. 30, 2026

Entity Registrant Name

MINERALS TECHNOLOGIES INC.

Entity Incorporation, State or Country Code

Entity File Number

1-11430

Entity Tax Identification Number

25-1190717

Entity Address, Address Line One

622 Third Avenue

Entity Address, City or Town

New York

Entity Address, State or Province

Entity Address, Postal Zip Code

10017-6707

City Area Code

212

Local Phone Number

878-1800

Title of 12(b) Security

Common Stock, $0.10 par value

Trading Symbol

MTX

Security Exchange Name

NYSE

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Amendment Flag

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration