Revenue has expanded to $991.0 million as of 2026Q1, though operating margins have contracted from a peak of 22.7% in 2025Q2 to 18.2% due to inefficient overhead management.
| Sales/Revenue | 3.91B | - | - | - |
| Revenue Growth % | - | - | - | - |
| Cost of Goods Sold | 0 | - | - | - |
| COGS % of Revenue | - | - | - | - |
| Gross Profit | 1.23B | 1.25B | 1.3B | 1.28B |
| Gross Margin % | 31.31% | 32.17% | 34.43% | 35.16% |
| Gross Profit Growth % | - | -3.7% | 1.17% | - |
| Operating Expenses | 535.5M | 518M | 538M | 459M |
| OpEx % of Revenue | - | 13.33% | 14.27% | 12.58% |
| Selling, General & Admin | 432M | 421M | 454M | 378M |
| SG&A % of Revenue | - | 10.83% | 12.04% | 10.36% |
| Research & Development | 0 | - | - | - |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 0 | - | - | - |
| Operating Income | 689.5M | 732M | 760M | 824M |
| Operating Margin % | 17.63% | 18.84% | 20.16% | 22.58% |
| Operating Income Growth % | - | -3.68% | -7.77% | - |
| EBITDA | 906.5M | 953.33M | 977M | 1.04B |
| EBITDA Margin % | 23.17% | 24.53% | 25.92% | 28.64% |
| EBITDA Growth % | - | -2.42% | -6.51% | - |
| D&A (Non-Cash Add-back) | 217M | 221.33M | 217M | 221M |
| EBIT | 693.5M | 732M | 749M | 830M |
| Net Interest Income | -55.5M | -28M | -149M | -16M |
| Interest Income | 0 | 0 | 0 | 0 |
| Interest Expense | 55.5M | 28M | 149M | 16M |
| Other Income/Expense | 0 | - | - | - |
| Pretax Income | 588.5M | 647M | 600M | 814M |
| Pretax Margin % | 15.04% | 16.65% | 15.92% | 22.31% |
| Income Tax | 319M | 362M | 167M | 195M |
| Effective Tax Rate % | 54.21% | 55.95% | 27.83% | 23.96% |
| Net Income | 206.5M | 237M | 422M | 621M |
| Net Margin % | 5.28% | 6.1% | 11.19% | 17.02% |
| Net Income Growth % | - | -43.84% | -32.05% | - |
| Net Income (Continuing) | 269.5M | 285M | 433M | 619M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | -14M | -34M | -76M | -83M |
| EPS (Diluted) | 1.30 | 1.49 | 2.66 | 3.91 |
| EPS Growth % | - | -43.98% | -31.97% | - |
| EPS (Basic) | - | 1.49 | 2.66 | 3.91 |
| Diluted Shares Outstanding | 159.3M | 158.9M | 158.72M | 158.72M |
| Basic Shares Outstanding | 158.8M | 159.06M | 158.72M | 158.72M |
| Dividend Payout Ratio | - | - | - | - |
Regulatory PFAS litigation exposure
As indicated by the most recent quarterly filings, Solstice Advanced Materials Inc. has maintained a steady revenue trajectory, with top-line figures reaching $991.0 million in 2026Q1, reflecting a consistent, albeit measured, expansion compared to the $913.0 million reported in the final quarter of 2024.
The company's ability to sustain revenue growth appears tied to the ongoing regulatory phase-down of legacy refrigerants, which forces a transition toward their proprietary HFO solutions. While this provides a predictable demand floor, the modest pace of growth suggests that market penetration is currently limited by the speed of OEM hardware adoption rather than a lack of product demand.
Based on the provided income statement data, gross margins have exhibited notable fluctuations, peaking at 35.3% in early 2025 before contracting to 31.9% in 2026Q1, highlighting the sensitivity of the company's specialty chemical production to input costs and potential shifts in product mix.
The compression observed in recent periods suggests that the company may be struggling to fully pass through raw material cost increases to industrial customers in a timely manner. Investors should monitor whether this margin volatility is a structural feature of their supply chain or merely a temporary lag in pricing power relative to commodity-linked feedstocks.
According to the historical income statement, operating margins have failed to scale linearly with revenue, dropping from a high of 22.7% in 2025Q2 to 18.2% in 2026Q1, which suggests that SG&A expenses are not being sufficiently optimized as the company attempts to capture new market share.
The lack of consistent operating leverage indicates that the company is likely incurring significant fixed costs related to the commercialization of new HFO applications. This may imply that management is prioritizing market capture over immediate bottom-line efficiency, a strategy that warrants further investigation into the long-term scalability of their current cost structure.
As reported in financial statements, net income has experienced significant swings, ranging from a loss of $39.0 million in 2024Q4 to a profit of $115.5 million in 2025Q2, indicating that non-operating items or tax adjustments are creating substantial noise in the bottom-line performance.
The wide variance between operating income and net income suggests that investors should be cautious of relying on EPS as a primary metric for valuation. The presence of periodic losses despite healthy operating margins points to potential environmental remediation charges or other non-recurring expenses that may be masking the underlying profitability of the core chemical business.
Quick answers to the most common questions about buying SOLS stock.
Solstice Advanced Materials Inc. (SOLS) is profitable, generating $237.0M in net income for the fiscal year ending 2025 with a net profit margin of 6.1%.
Solstice Advanced Materials Inc. (SOLS) reported an operating income of $732.0M, resulting in an operating profit margin of 18.8%. This margin reflects the operational efficiency of the business before interest and taxes.
Solstice Advanced Materials Inc. (SOLS) generated $1.25B in gross profit for the year, representing a gross profit margin of 32.2%. This demonstrates the company's core pricing power and production efficiency.