Solstice Advanced Materials (SOLS) Q3 FY2026 earnings: revenue $1.0 billion, up 7.9% on the year
Solstice Advanced Materials Inc. (SOLS) reported revenue of $1.0 billion for Q3 FY2026, the quarter ended 30 September 2026, up 7.9% on the same quarter a year earlier. Net income was $80 million, and diluted earnings per share $0.50. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$1.0 billion
+7.9% on the year · -8.9% on the quarter
Q3 FY2024Q3 FY2026
Operating margin
n/a
Q3 FY2024Q3 FY2026
Net income
$80 million
-32.8% on the quarter
Q3 FY2024Q3 FY2026
Diluted EPS
$0.50
-33.3% on the quarter
Q3 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
Net sales rose 8% year over year: Net sales were $1,046 million, up 8% from $969 million, reflecting 6% higher Refrigerants & Applied Solutions sales and 13% higher Electronic & Specialty Materials sales.
Adjusted EBITDA rose 13%: Adjusted EBITDA was $265 million. Margin was 25.3%, up 109 basis points, which the company attributed to sales growth and operational leverage.
Adjusted diluted EPS reached $0.80: Adjusted diluted EPS was $0.80, a non-GAAP measure, against GAAP diluted EPS of $0.50. Adjustments include transaction-related costs and bridge loan fee write-offs.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
232
262
-21.0
-11.5%
Capital expenditure
112
138
110
-18.8%
+1.8%
Free cash flow
120
124
-131
-3.2%
Free cash flow margin
11.5%
10.8%
-13.5%
Cash from investing
-113
-138
-110
Cash from financing
-152
-16.0
-316
Depreciation and amortisation
55.0
54.7
47.0
+0.5%
+17.0%
Share-based compensation
6.0
6.0
8.0
0.0%
-25.0%
Dividends paid
12.0
12.0
0.0
0.0%
Dividend per share
$0.07
$0.07
n/a
0.0%
Diluted shares, weighted
159m
159m
159m
-0.3%
+0.2%
Shares outstanding at period end
157m
159m
159m
-1.0%
-1.0%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
1,565
1,586
3,228
-1.3%
-51.5%
Non-controlling interest
9.0
2.0
-47.0
+350.0%
Debt
2,313
2,317
311
-0.2%
+643.7%
Finance lease liabilities
91.0
95.0
108
-4.2%
-15.7%
Other liabilities
2,096
1,918
1,647
+9.3%
+27.3%
Total liabilities and equity
6,074
5,918
5,247
+2.6%
+15.8%
Fixed assets
n/a
n/a
1,947
Goodwill
818
817
820
+0.1%
-0.2%
Intangible assets
47.0
47.0
39.0
0.0%
+20.5%
Cash and equivalents
714
750
417
-4.8%
+71.2%
Receivables
667
671
635
-0.6%
+5.0%
Inventory
664
666
732
-0.3%
-9.3%
Other assets
3,164
2,967
657
+6.6%
+381.6%
Total assets
6,074
5,918
5,247
+2.6%
+15.8%
Questions
What was Solstice Advanced Materials' revenue in Q3 FY2026?
Solstice Advanced Materials (SOLS) reported revenue of $1.0 billion for Q3 FY2026, the quarter ended 30 September 2026, up 7.9% on the same quarter a year earlier.
How much did Solstice Advanced Materials earn in Q3 FY2026?
Net income for Q3 FY2026 was $80 million, and diluted earnings per share $0.50.
When did Solstice Advanced Materials report Q3 FY2026 results?
Solstice Advanced Materials filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.