earnings
confidence high
sentiment positive
materiality 0.75
Axalta Q1 net sales $1.25B, net income $91M; beats guidance; merger on track
Axalta Coating Systems Ltd.
2026-Q1 EPS reported
$0.42
revenue$1,254,000,000
- Net sales $1.25B, down $8M YoY; net income $91M, down $8M; diluted EPS $0.42.
- Adjusted EBITDA $259M (20.6% margin), Adjusted Diluted EPS $0.56; record Q1 FCF $21M.
- Q2 guidance: net sales ~flat YoY, Adj. EBITDA $280-290M, Adj. EPS ~$0.65; FY 2026 Adj. EBITDA $1,140-1,170M.
- Performance Coatings net sales $802M (-2% YoY); Mobility Coatings record $452M (+3% YoY).