Filing Flows › Element Solutions (ESI) › Q3 2026
Element Solutions (ESI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 22, 2026
Element Solutions (ESI) reported revenue of $995M for the third quarter 2026 (Q3 2026), +52% from a year earlier and +2% from the quarter before. Operating margin was 11.4%, net earnings $65.7M (6.6% of revenue).
Element Solutions, Q3 2026: revenue $995M (+52% year over year), operating margin 11.4%, net earnings $65.7M, operating cash flow $159M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $995M | +2% | +52% |
| Gross profit | $342M | +3% | +24% |
| Operating profit | $114M | +0.2% | +13% |
| Net earnings | $65.7M | -15% | +67% |
| Operating cash flow | $159M | +60% | +59% |
| Free cash flow | $134M | — | +60% |
What changed
Revenue was $995.3M in Q3 2026, up 52% year over year and up 2% from the previous quarter. Electronics was the largest line at 78% of revenue. Electronics added $314.4M year over year (up 68%), 93% of the total change.
Gross margin was 34.4%, down 7.8 points from Q3 2025. Operating profit was $113.9M, a 11.4% margin (down 3.9 points year over year). Of the extra revenue versus Q3 2025, 4% reached operating profit, below the 15% margin then. Operating expenses grew 30% against revenue growth of 52%. The fastest-growing cost line was SG&A (+30%). Net earnings were $65.7M, up 67% year over year. The effective tax rate was 29.6%.
Operating cash flow was $159.2M (up 59% year over year), 242% of net earnings. Non-cash charges added back $45.1M of depreciation and amortization and $18.2M of share-based compensation. Working capital and other items added $30.2M. After capital expenditures, net ($24.7M), free cash flow as the company reports it was $134.5M.
Questions
What was Element Solutions' revenue in the third quarter 2026?
Element Solutions (ESI) reported revenue of $995M for the third quarter 2026 (Q3 2026), +52% from a year earlier and +2% from the quarter before.
Was Element Solutions profitable in the third quarter 2026?
Operating profit was $114M (11.4% of revenue) and net earnings $65.7M.
Source: Element Solutions 10-Q on SEC EDGAR.