Solstice revenue climbs 11% to $1.15 billion

• Solstice Advanced Materials reported second-quarter 2026 net sales of $1.15 billion, up 11% year over year.
• Net income increased to $119 million, while adjusted EBITDA reached $290 million.
• The company raised its 2026 guidance and agreed to acquire Element Solutions.

Solstice Advanced Materials (NASDAQ:SOLS) reported second-quarter 2026 net sales of $1.15 billion, up 11% year over year, supported by growth in Nuclear, Electronic Materials, Refrigerants and Healthcare Packaging.

Net income attributable to Solstice increased to $119 million from $97 million, while diluted earnings per share was $0.75 and adjusted diluted earnings per share was $0.88.

The company reported adjusted EBITDA of $290 million, up 2% year over year, while the adjusted EBITDA margin declined 218 basis points to 25.3%, and first-half operating cash flow reached $461 million with free cash flow of $248 million.

Solstice Advanced Materials raised its 2026 outlook for net sales, adjusted EBITDA and adjusted diluted EPS.

The company expects 2026 net sales of $4.125–$4.185 billion, adjusted EBITDA of $1.035–$1.055 billion and adjusted diluted EPS of $2.75–$2.95, while reporting net leverage of about 1.3x and liquidity of approximately $1.75 billion.

Solstice Advanced Materials also announced a quarterly dividend of $0.075 per share and entered a definitive agreement to acquire Element Solutions in a cash-and-stock transaction expected to close in the first half of 2027, subject to approvals.