Solstice Advanced Materials reported second quarter 2026 net sales of $1.15 billion, an 11% increase year-over-year, and diluted EPS of $0.75, up 23%. The company's revenue performance exceeded analyst expectations, while earnings per share missed consensus estimates. Following the strong first-half results, Solstice raised its full-year 2026 guidance for sales and adjusted earnings.
Key Highlights
- Net sales grew 11% year-over-year to $1.15 billion, driven by double-digit growth in Nuclear (+27%), Electronic Materials (+15%), Refrigerants (+13%), and Healthcare Packaging (+24%).
- The company raised its full-year 2026 outlook, now expecting Net Sales of $4,125 - $4,185 million (from $3,900 - $4,100 million) and Adjusted Diluted EPS of $2.75 - $2.95 (from $2.45 - $2.75).
- Consolidated Adjusted EBITDA Margin declined 218 basis points year-over-year to 25.3%, which the company attributed to the timing of plant turnaround activity and production incentive credits from the prior year.