---
schema_version: "secwatch.filing_event.v1"
accession: "0001590714-23-000043"
form_type: "8-K"
ticker: "ESI"
cik: "0001590714"
company_name: "Element Solutions Inc"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:54:12.247886+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Element Solutions Q1 sales $574M (-16% reported); adj EBITDA $112M; FY guidance lowered

## Summary
- GAAP diluted EPS $0.18 vs $0.23; Adjusted EPS $0.30 vs $0.38.
- Electronics net sales -23% reported (-11% organic); Industrial & Specialty +2% organic.
- Adjusted EBITDA $112M, down 18% on constant currency basis.
- Q2 adj EBITDA guided ~$120M; FY adjusted EBITDA now expected at low end of $510-530M range.
- Free cash flow $45M in Q1; FY free cash flow guided ~$275M.

## SEC filing metadata
- accession: 0001590714-23-000043
- form_type: 8-K
- ticker: ESI
- cik: 0001590714
- company_name: Element Solutions Inc
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590714/000159071423000043/0001590714-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590714/000159071423000043/esi-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590714-23-000043
- JSON: https://secwatch.observer/filing/0001590714-23-000043.json
- Plain text: https://secwatch.observer/filing/0001590714-23-000043.txt

## Key facts
- Earnings Releases
  Element Solutions Inc reported the three months ended March 31, 2023 results: revenue $574 million, net income $43 million, EPS $0.18. Guidance lowered.
  - Period: the three months ended March 31, 2023
  - Revenue: $574 million
  - Net income: $43 million
  - EPS: $0.18
  - Guidance: lowered
  - Result: reported results
  source text: Element Solutions Inc Announces 2023 First Quarter Financial Results • Net sales of $574 million, a decrease of 16% from the first quarter last year on a reported basis or a decrease of 7% on an organic basis • GAAP diluted EPS of $0.18, compared to $0.23 in the same period last year • Reported net income of $43 million, as compared to $56 million in the same period last year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590714/000159071423000043/0001590714-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.