earnings
confidence high
sentiment negative
materiality 0.75
Solstice Q1 net sales +10% to $991M; net income down 37% on higher costs; FY guidance reaffirmed
Solstice Advanced Materials Inc.
2026-Q1 EPS reported
$0.53
revenue$991,000,000
- Net sales $991M (+10% YoY); net income attributable $85M (-37%); diluted EPS $0.53 vs $0.85.
- Adjusted EBITDA $249M flat YoY; margin 25.1% (-277 bps) on LGWP refrigerant transition and higher R&D.
- Nuclear revenue +27% to $107M; Electronic Materials +21% to $109M.
- Reaffirms FY2026: net sales $3.9-4.1B, adj. EBITDA $975-1,025M, adj. diluted EPS $2.45-2.75, capex $400-425M.
- Q2 2026 guidance: net sales $1.06-1.1B, adj. EBITDA margin 25-26%; dividend $0.075/share payable June 10.