Huntsman reports higher Q2 adjusted EBITDA on volume growth and pricing actions
Huntsman posted Q2 2026 revenue of $1.7 billion, adjusted EBITDA of $120 million, net loss of $6 million, and operating cash outflow of $60 million.
Polyurethanes adjusted EBITDA rose to $66 million on 4% volume growth and pricing to offset higher energy and benzene costs tied to Middle East tensions.
Europe returned to positive adjusted EBITDA as restructuring cut fixed costs, though natural gas near $20/MMBtu was flagged as a Q3 headwind.
Advanced Materials adjusted EBITDA reached $64 million on 19% sales growth, led by aerospace and power demand, supported by price actions.
Working capital outflow of $120 million drove free cash flow to negative $90 million; net debt leverage ended the quarter at 5.4x.