earnings
confidence high
sentiment positive
materiality 0.80
Solstice Q2 net sales $1.15B (+11% YoY), adj. EPS $0.88; raises FY2026 guidance
Solstice Advanced Materials Inc.
- Net sales $1,148M (+11% YoY); net income $119M (+23%); diluted EPS $0.75 (+23%); adjusted diluted EPS $0.88.
- Adjusted EBITDA $290M (+2%), margin 25.3% (down 218 bps) due to plant turnaround and prior-year credits.
- Raises FY2026 guidance: net sales $4,125-$4,185M, adj. EBITDA $1,035-$1,055M, adj. EPS $2.75-$2.95.
- Refrigerants & Applied Solutions segment sales up 12% but EBITDA down 6%; Electronic & Specialty Materials sales up 8%, EBITDA up 24%.
- Acquisition of Element Solutions announced July 6, expected close H1 2027; quarterly dividend $0.075/share declared.