Solstice Advanced Materials (SOLS)
Supplies refrigerants and specialty materials for cooling, semiconductors, healthcare, defense, and laboratories.
$58.79
vs last close−0.10 (−0.17%)
In millions of USD, except per-share figures
| In millions | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 975 | 907 | 913 | 897 | 1,033 | 969 | 987 | 991 | 1,148 |
| Cost of revenue | 641 | 575 | 616 | 576 | 676 | 659 | 729 | 675 | 778 |
| Gross profit | 335 | 332 | 297 | 321 | 357 | 310 | 258 | 316 | 370 |
| 120 | 128 | 173 | 115 | 142 | 139 | 139 | 136 | 148 | |
| Research & development | 21 | 21 | 22 | 22 | 24 | 26 | 27 | 28 | 25 |
| Selling, general & administrative | 100 | 107 | 151 | 93 | 118 | 113 | 112 | 108 | 122 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Operating income | 215 | 204 | 124 | 206 | 215 | 171 | 119 | 180 | 222 |
| −2 | −7 | −145 | −18 | −101 | 2 | −33 | −44 | −46 | |
| Interest expense | 4 | 3 | 138 | 1 | 71 | 2 | 23 | 29 | 23 |
| Other non-operating income | 2 | 4 | 7 | 17 | 30 | −4 | 10 | 15 | 0 |
| Income before tax | 213 | 197 | −21 | 188 | 114 | 173 | 86 | 136 | 176 |
| Income tax expense | 51 | 49 | 17 | 47 | 97 | 182 | 32 | 31 | 42 |
| Net income from continuing operations | 162 | 148 | −38 | 141 | 17 | −9 | 54 | 105 | 134 |
| Other adjustments | 0 | 0 | 0 | −1 | 1 | 0 | 0 | 0 | 0 |
| Net income | 155 | 152 | −39 | 134 | 16 | −35 | 41 | 85 | 119 |
| EPS, basic | $0.98 | $0.96 | −$0.25 | $0.73 | $0.73 | −$0.22 | $0.26 | $0.54 | $0.75 |
| EPS, diluted | $0.98 | $0.96 | −$0.25 | $0.73 | $0.73 | −$0.22 | $0.26 | $0.53 | $0.75 |
| Weighted average shares, basic | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 159 |
| Weighted average shares, diluted | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 159 |
| EBITDA | 269 | 249 | 173 | 246 | 244 | 225 | 163 | 224 | 279 |
| Depreciation & amortization | 56 | 49 | 56 | 57 | 59 | 50 | 54 | 59 | 57 |
| EBIT | 213 | 200 | 117 | 189 | 185 | 175 | 109 | 165 | 222 |