Axalta Q1 net income rises 154% to $99 million as net sales fall 3%
Axalta reported first quarter 2025 net sales of $1.26 billion, down 3% year over year, while net income rose 154% to $99 million. The profit gain was largely due to $55 million of prior-year expenses tied to its 2024 Transformation Initiative, and adjusted diluted EPS rose 16% to $0.59. The company also issued second quarter and full year 2025 outlook ranges, including full year adjusted EBITDA of $1,150 million to $1,175 million.
Key points
- Net sales were $1.26 billion, down 3%, with a 3% foreign currency headwind; volume declines were primarily in Performance Coatings.
- Diluted EPS rose to $0.45 from $0.18; adjusted diluted EPS rose 16% to $0.59.
- Adjusted EBITDA was a first quarter record of $270 million, up 4%, with a margin of 21.4%.
- Free cash flow was negative $14 million, compared with $15 million in the prior year period; operating cash flow was $26 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.