Solstice Advanced Materials Q2 revenue beats; raises outlook

Solstice Advanced Materials

30/07/2026 11:12

Overview
US specialty materials firm's Q2 revenue rose 11% yr/yr, beating analyst expectations
Adjusted EBITDA for Q2 beat analyst expectations
Company raised full-year 2026 guidance and highlighted Element Solutions acquisition agreement

Outlook
Solstice raises full-year 2026 net sales guidance to $4.125-$4.185 bln
Company now expects 2026 adjusted EBITDA of $1.035-$1.055 bln
Solstice forecasts 2026 adjusted diluted EPS of $2.75-$2.95

Result Drivers
SEGMENT GROWTH - Double-digit revenue growth in Nuclear, Electronic Materials, Refrigerants, and Healthcare Packaging drove overall sales increase
VOLUME AND PRICING - Organic net sales rose 11% on both higher volumes and favorable pricing across key segments
SEGMENT PROFITABILITY PRESSURE - Refrigerants & Applied Solutions segment margin declined due to plant turnaround timing and loss of prior-year production incentive credits, partially offset by volume and pricing gains

Company press release: ID:nPn6wCwx6a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.15 bln
$1.08 bln (6 Analysts)
Q2 Adjusted EPS
 
$0.88
 
Q2 EPS
 
$0.75
 
Q2 Adjusted EBITDA
Beat
$290 mln
$278.06 mln (6 Analysts)
Q2 Adjusted EBITDA Margin
 
25.30%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Solstice Advanced Materials Inc is $78.55, about 41.1% above its July 29 closing price of $55.66

Reuters Recommended Reads
July 27 - Element Solutions Q2 sales beat estimates on electronics segment strength 
July 29 - Ingevity Q2 adjusted EPS beats estimates; annual outlook raised
July 28 - PPG Q2 revenue beats estimates on strength in aerospace, Latin America coatings businesses

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)