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Solstice Advanced Materials Q3 sales rise 8%, net income hits $80M, raises 2026 guidance

Company Fundamentals
04 Nov 2026, 13:00 WIB
PRNewsWire
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Bullish
Solstice Advanced Materials Q3 sales rise 8%, net income hits $80M, raises 2026 guidance

Solstice Advanced Materials reported third-quarter 2026 net sales of $1,046 million, up 8% year-over-year, driven by strong growth in Electronic Materials, Refrigerants, and Healthcare Packaging. Net income attributable to the company was $80 million, a significant turnaround from a loss in the prior year, supported by higher sales and lower taxes. The company raised its full-year 2026 guidance, expecting net sales between $4.195 billion and $4.220 billion, adjusted EBITDA of $1.05 billion to $1.06 billion, and adjusted diluted EPS of $2.90 to $2.95. Solstice also completed $100 million of its $500 million share repurchase program in Q3 and plans to finish the buyback by Q1 2027, reflecting strong cash flow and balance sheet health.

Solstice Advanced Materials shares trade at USD 65.00 on Pluang as of Nov 04, 2026 18:11 WIB, up 5.28% in one day. The stock's market cap stands at $9.81 billion with a 52-week range between $41.43 and $88.60. Trading volume is 3,423,675 shares, and the dividend yield is 0.49%.

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