earnings
confidence high
sentiment positive
materiality 0.80
Element Solutions Q3 2026: net sales $995M up 52%, 13% organic; adjusted EBITDA $191M; FY guide raised to ~$720M
Element Solutions Inc
- GAAP diluted EPS $0.27 vs $0.16; adjusted EPS $0.50 vs $0.41; net income $66M vs $39M (+67%), margin up 60 bps to 6.6%.
- Electronics net sales $780M (+68% reported, +18% organic, 30% from acquisitions); segment adjusted EBITDA $148M (+46%), Micromax added 19 pts.
- Specialties net sales $216M (+13% reported, +1% organic); segment adjusted EBITDA $43M, down 6% YoY; EFC Gases added 16 pts to growth.
- 2026 adjusted EBITDA guidance raised to approximately $720M, with adjusted EPS growth above 20% for the full year.
- Q3 operating cash flow $159M, free cash flow $135M; CEO Gliklich cites AI infrastructure demand; Solstice merger terminated Aug 27, 2026.