Filing Flows › Element Solutions (ESI) › Q3 2026 › vs Q2 2026
Element Solutions (ESI) Q3 2026 vs Q2 2026 (quarter over quarter)
Element Solutions's revenue rose $17.4M (+2%) from $978M in Q2 2026 to $995M in Q3 2026. The biggest changes: Electronics +$12.6M (+2%); Specialties +$4.8M (+2%). Gross margin 34.4% against 34.2% (+0.2 pts).
Element Solutions, Q3 2026: revenue $995M (+52% year over year), operating margin 11.4%, net earnings $65.7M, operating cash flow $159M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 34.4% | 34.2% | +0.2 pts |
| Operating margin | 11.4% | 11.6% | -0.2 pts |
| Net margin | 6.6% | 7.9% | -1.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Electronics | $780M | $767M | $12.6M | +2% |
| Specialties | $216M | $211M | $4.8M | +2% |
| Revenue | $995M | $978M | $17.4M | +2% |
| Gross profit | $342M | $334M | $8.4M | +3% |
| Cost of revenue | $653M | $644M | $9.0M | +1% |
| Operating profit | $114M | $114M | $200K | +0.2% |
| Operating expenses | $228M | $220M | $8.2M | +4% |
| Pre-tax earnings | $93.3M | $107M | −$13.8M | -13% |
| Other expense, net | $20.6M | $6.6M | $14.0M | +212% |
| Research & development | $22.9M | $19.5M | $3.4M | +17% |
| SG&A | $206M | $201M | $4.8M | +2% |
| Net earnings | $65.7M | $77.3M | −$11.6M | -15% |
| Income tax | $27.6M | $29.8M | −$2.2M | -7% |
| Depreciation & amortization | $45.1M | $44.7M | $400K | +0.9% |
| Share-based compensation | $18.2M | $12.6M | $5.6M | +44% |
| Working capital & other | $30.2M | −$35.0M | $65.2M | — |
| Operating cash flow | $159M | $99.6M | $59.6M | +60% |
Questions
How much did Element Solutions's revenue grow quarter over quarter in Q3 2026?
Element Solutions's revenue rose $17.4M (+2%) from $978M in Q2 2026 to $995M in Q3 2026.
What drove Element Solutions's revenue change in Q3 2026?
Electronics +$12.6M (+2%); Specialties +$4.8M (+2%).