Solstice Advanced Materials Q2 FY26 net income rises 23% to $119 million; net sales increase 11% to $1.15 billion
SOLS•Quarterly results and guidance
- Solstice Advanced Materials posted Q2 net sales of $1.15 billion, up 11% year over year.
- GAAP net income attributable to shareholders rose 23% to $119 million; diluted EPS increased 23% to $0.75.
- Non-GAAP adjusted EBITDA edged up 2% to $290 million; adjusted EBITDA margin fell 2.18 percentage points to 25.3%.
- The company announced a definitive cash-and-stock deal to acquire Element Solutions, expected to close in the first half of 2027.
- Solstice raised its full-year 2026 outlook to net sales of $4.13 billion-$4.19 billion and adjusted EBITDA of $1.04 billion-$1.06 billion.
