Element Solutions Beats Q1 Forecast with $840M Revenue and Raises EBITDA Guidance
Element Solutions reported Q1 net income of $55.9 million ($0.23 GAAP, $0.41 adjusted EPS) on $840 million revenue, topping estimates. The company delivered 10% organic net sales growth (15% in Electronics), closed $860 million of Micromax and EFC acquisitions, and raised 2026 adjusted EBITDA guidance to $665–685 million.
1. Q1 Financial Results
Element Solutions reported first-quarter net income of $55.9 million, or $0.23 GAAP EPS and $0.41 adjusted EPS, on $840 million in revenue, outperforming analysts’ expected $0.38 adjusted EPS.
2. Segment Growth Details
Organic net sales rose 10% year-over-year, driven by a 15% organic increase in the Electronics portfolio (net sales up 61% to $634 million) and a 1% organic increase in Specialties (net sales $207 million).
3. Acquisitions Impact and Guidance
The company completed $493 million Micromax and $367 million EFC acquisitions, boosting segment contributions, and raised full-year 2026 adjusted EBITDA guidance to $665–685 million with Q2 guidance of $155–170 million.