Filing Flows › Element Solutions (ESI) › Q4 2025
Element Solutions (ESI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 18, 2026
Element Solutions (ESI) reported revenue of $676M for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +3% from the quarter before. Operating margin was 10.3%, net earnings $6.2M (0.9% of revenue).
Element Solutions, Q4 2025: revenue $676M (+8% year over year), operating margin 10.3%, net earnings $6.2M, operating cash flow $91.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $676M | +3% | +8% |
| Gross profit | $277M | -0.1% | +8% |
| Operating profit | $69.7M | -31% | -7% |
| Net earnings | $6.2M | -84% | -89% |
| Operating cash flow | $91.1M | -9% | -34% |
| Free cash flow | $82.8M | — | — |
What changed
Revenue was $676.2M in Q4 2025, up 8% year over year and up 3% from the previous quarter.
Gross margin was 40.9%, down 0.1 points from a year earlier. Operating profit was $69.7M, a 10.3% margin (down 1.7 points year over year). Operating profit fell $5.2M even though revenue rose $52.0M versus a year earlier, so costs grew faster than sales. Operating expenses grew 14% against revenue growth of 8%. The fastest-growing cost line was Research & development (+21%). Net earnings were $6.1M, down 89% year over year. The effective tax rate was 80.0%.
Operating cash flow was $91.1M (down 34% year over year), 1469% of net earnings. Non-cash charges added back $37.2M of depreciation and amortization and $43.3M of share-based compensation. After capital expenditures, net ($8.3M), free cash flow as the company reports it was $82.8M.
Questions
What was Element Solutions' revenue in the fourth quarter 2025?
Element Solutions (ESI) reported revenue of $676M for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and +3% from the quarter before.
Was Element Solutions profitable in the fourth quarter 2025?
Operating profit was $69.7M (10.3% of revenue) and net earnings $6.2M.
Source: Element Solutions 10-K on SEC EDGAR.