Solstice Advanced Materials Q3 sales rise 8%
Key points
- Solstice Advanced Materials reported third-quarter 2026 net sales of $1.046 billion, up 8% year over year, supported by increased demand for electronic materials and refrigerants.
- Net income attributable to Solstice reached $80 million, reversing a $35 million loss, while adjusted EBITDA rose 13% to $265 million.
- Solstice raised its full-year 2026 sales forecast to $4.195 billion–$4.220 billion and adjusted diluted EPS guidance to $2.90–$2.95, reflecting stronger operating performance.
Solstice Advanced Materials (NASDAQ:SOLS) reported third-quarter 2026 net sales of $1.046 billion, up 8%, supported by electronic materials and refrigerants demand.
Revenue increased from $969 million a year earlier, while net income attributable to Solstice reached $80 million, reversing a $35 million loss.
Adjusted EBITDA increased 13% to $265 million, while its margin expanded 109 basis points to 25.3% and adjusted diluted earnings reached $0.80 per share.
Solstice raised its full-year revenue forecast to $4.195 billion–$4.220 billion and adjusted EBITDA guidance to $1.050 billion–$1.060 billion.
Electronic & Specialty Materials sales increased 13%, while Refrigerants & Applied Solutions revenue rose 6%, supported by demand for semiconductor materials and cooling technologies.
The company generated $693 million in nine-month operating cash flow and returned $112 million to shareholders during the quarter, including $100 million in repurchases.
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