{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-028553","form_type":"8-K","ticker":"AXTA","cik":"0001616862","company_name":"Axalta Coating Systems Ltd.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.597550+00:00","generated_at":"2026-05-15T00:57:20.517667+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Axalta Q1 net sales $1.25B, net income $91M; beats guidance; merger on track","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-028553","json":"https://secwatch.observer/filing/0001628280-26-028553.json","markdown":"https://secwatch.observer/filing/0001628280-26-028553.md","text":"https://secwatch.observer/filing/0001628280-26-028553.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616862/000162828026028553/0001628280-26-028553-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616862/000162828026028553/axta-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:57:20.517667+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0fc114f190891511cda1561774cbaedfe8e9ae27","claim":"Axalta Coating Systems Ltd. reported first quarter ended March 31, 2026 results: revenue $1.25 billion, net income $91 million.","evidence_excerpt":"ended March 31, 2026. First Quarter 2026 Highlights: ▪ Exceeded guidance for first quarter net sales, Adjusted EBITDA and Adjusted Diluted EPS ▪ First quarter net sales of $1.25 billion ▪ Net income of $91 million with a net income margin of 7.3% ▪ Adjusted EBITDA of $259 million and Adjusted EBITDA margin of 20.6% ▪ Diluted EPS of $0.42 and Adjusted Diluted EPS","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616862/000162828026028553/0001628280-26-028553-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$1.25 billion"},{"label":"Net income","value":"$91 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}