Solstice Advanced Materials Q1 sales rise 10% to $991 million; profit falls 37%
Solstice Advanced Materials reported first-quarter 2026 net sales of $991 million, up 10% from a year earlier, while net income attributable to the company fell 37% to $85 million. The company reaffirmed its full-year 2026 guidance and gave second-quarter net sales and adjusted EBITDA margin ranges, so shareholders see higher sales alongside lower profit and an unchanged outlook.
Key points
- Net sales were $991 million, up 10%, with Refrigerants up 19% and Electronic Materials up 21%.
- Net income attributable to the company was $85 million, versus $134 million a year earlier; diluted EPS was $0.53, versus $0.85.
- Adjusted diluted EPS was $0.63; adjusted EBITDA was $249 million, flat year over year, with the margin down 277 basis points to 25.1%.
- Full-year 2026 guidance was reaffirmed: net sales of $3.9 billion to $4.1 billion and adjusted diluted EPS of $2.45 to $2.75.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing 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 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.