Otter Tail Corp

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

OTTR$79.77-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

	Years Ended December 31,
(in thousands, except per-share amounts)	2025	2024	2023
Operating Revenues
Electric	$566,756	$524,515	$528,359
Product Sales	737,302	806,033	820,807
Total Operating Revenues	1,304,058	1,330,548	1,349,166
Operating Expenses
Electric Production Fuel	75,048	60,945	60,339
Electric Purchased Power	78,658	61,561	78,292
Electric Operating and Maintenance Expenses	184,310	190,422	191,263
Cost of Products Sold (excluding depreciation)	402,664	434,522	454,122
Nonelectric Selling, General, and Administrative Expenses	82,566	80,065	72,663
Depreciation and Amortization	118,107	107,121	97,954
Electric Property Taxes	17,023	15,662	16,614
Total Operating Expenses	958,376	950,298	971,247
Operating Income	345,682	380,250	377,919
Other Income and (Expense)
Interest Expense	(47,226)	(41,815)	(37,677)
Nonservice Cost Components of Postretirement Benefits	3,334	9,609	10,597
Other Income (Expense), net	20,487	18,848	12,650
Income Before Income Taxes	322,277	366,892	363,489
Income Tax Expense	46,384	65,230	69,298
Net Income	$275,893	$301,662	$294,191
Weighted-Average Common Shares Outstanding:
Basic	41,864	41,778	41,668
Diluted	42,117	42,072	42,039
Earnings Per Share:
Basic	$6.59	$7.22	$7.06
Diluted	$6.55	$7.17	$7.00

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.