Axalta Q2 2026 adjusted diluted EPS climbs 13% to $0.72; net income drops 19% to $89 million - AXTA News | RalliesAxalta Q2 2026 adjusted diluted EPS climbs 13% to $0.72; net income drops 19% to $89 million
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AXTA• Guidance
- Axalta guided for Q3 adjusted EBITDA of $295 million-$305 million, with FY adjusted EBITDA of $1.14 billion-$1.17 billion.
Q2 results
- Axalta posted Q2 2026 net income of $89 million, down 19%, while adjusted diluted EPS rose 13% to $0.72.
- Net sales rose 3% to $1.35 billion; adjusted EBITDA increased 5% to $305 million, lifting margin 0.3 percentage points to 22.7%.
- Free cash flow increased 6% to $107 million; total net leverage stood at 2.2x, described as the lowest in Axalta’s history.
Segment performance
- Performance Coatings net sales climbed 4% to $872 million; adjusted EBITDA margin widened 1.3 percentage points to 25.1%.
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