The revenue beat and reaffirmed guidance provide a floor, but the GAAP EPS miss and 37% net income decline signal margin compression from standalone costs and refrigerant mix headwinds. Watch the June 4 Nuclear Business webinar for potential catalysts; the unchanged full-year guidance limits upside surprise potential for the next two quarters.
Price Chart
Executive Summary
Solstice Advanced Materials reported Q1 2026 net sales of $991M (+10% YoY), beating the $973.9M consensus, but GAAP diluted EPS of $0.53 missed the $0.61 consensus by 13.1%. Net income attributable to Solstice fell 37% YoY to $85M due to higher standalone costs, R&D investment, and interest expense. The company reaffirmed full-year 2026 guidance, which was unchanged from the prior quarter, providing no upside catalyst to offset the earnings miss.
Key Financial Metrics
Key Facts
- Q1 2026 net sales of $991M, up 10% YoY from $897M, above $973.9M consensus
- GAAP diluted EPS of $0.53, down 37% YoY from $0.85, missing $0.61 consensus by 13.1%
- Net income attributable to Solstice fell 37% YoY to $85M from $134M
- Adjusted diluted EPS (non-GAAP) of $0.63, with no comparable prior-year figure provided
- Adjusted EBITDA of $249M, flat vs $250M in Q1 2025; margin contracted 277 bps to 25.1%
- Full-year 2026 guidance reaffirmed: net sales $3.9B-$4.1B, adjusted EBITDA $975M-$1,025M, adjusted diluted EPS $2.45-$2.75
- Q2 2026 guidance provided: net sales $1.06B-$1.1B, adjusted EBITDA margin 25%-26%
- Operating cash flow of $199M, free cash flow of $124M
- Quarterly dividend of $0.075 per share maintained
Financial Impact
Revenue beat of ~1.8% vs consensus ($991M vs $973.9M) but GAAP EPS miss of 13.1% ($0.53 vs $0.61) and net income decline of 37% YoY
Risk Factors
- Continued margin compression from LGWP refrigerant transition and higher R&D spend
- Uncertain macroeconomic backdrop and tariff exposure
- Elevated corporate expenses as a standalone public company
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0002064953-26-000045 |
| Document: sols-20260506.htm | 0002064953-26-000045 |
| Document: 0002064953-26-000045-index-headers.html | 0002064953-26-000045 |
| Document: 0002064953-26-000045-index.html | 0002064953-26-000045 |
| Document: 0002064953-26-000045.txt | 0002064953-26-000045 |
| 8-K Data (Synthetic) | 0002064953-26-000045 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Press Release | $63.53 $63.73 | ▲ +0.31% | ▲ +0.21% | $57.46 (−9.55%) |
Jul 27, 2026 9w ago | 425 | $60.59 $60.17 | ▼ −0.69% | ▼ −1.77% | $57.46 (−5.17%) |
Jul 27, 2026 9w ago | 8-K | $60.59 $60.17 | ▼ −0.69% | ▼ −1.77% | $57.46 (−5.17%) |
Jul 20, 2026 10w ago | 425 / 8-K | $56.47 $60.54 | ▲ +7.21% | ▲ +7.63% | $57.46 (+1.75%) |
Jul 17, 2026 11w ago | 8-K / PRESS-RELEASE | $58.38 $60.88 | ▲ +4.28% | ▲ +4.97% | $57.46 (−1.58%) |
Jul 17, 2026 11w ago | Press Release | $58.38 $60.88 | ▲ +4.28% | ▲ +4.97% | $57.46 (−1.58%) |
Jul 17, 2026 11w ago | Press Release | $58.38 $60.88 | ▲ +4.28% | ▲ +4.97% | $57.46 (−1.58%) |
Jul 13, 2026 11w ago | ANALYST-UPGRADE | $61.06 $58.38 | ▼ −4.39% | ▼ −3.60% | $57.46 (−5.90%) |
Jul 9, 2026 12w ago | 425 | $62.80 $58.24 | ▼ −7.26% | ▼ −7.13% | $57.46 (−8.50%) |
Jul 6, 2026 12w ago | 425 | $68.05 $61.30 | ▼ −9.92% | ▼ −10.41% | $57.46 (−15.56%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access