Filing Flows › Element Solutions (ESI) › How it makes money
How Element Solutions (ESI) makes money
Element Solutions (ESI) made $995M of revenue in the third quarter 2026 (Q3 2026), +52% from a year earlier. Electronics brought in $780M (78%); Specialties brought in $216M (22%). Of every dollar of revenue, 34¢ was left as gross profit, 11¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Electronics | $780M | 78.3% | +2% | +68% |
| Specialties | $216M | 21.7% | +2% | +13% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $995M | 100.0% |
| Cost of revenue | $653M | 65.6% |
| Gross profit | $342M | 34.4% |
| Operating expenses | $228M | 23.0% |
| Operating profit | $114M | 11.4% |
| Income tax | $27.6M | 2.8% |
| Net earnings | $65.7M | 6.6% |
| Operating cash flow | $159M | 16.0% |
| Free cash flow | $134M | 13.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $995M | +52% |
| Q2 2026 | $978M | +56% |
| Q1 2026 | $840M | +42% |
| Q4 2025 | $676M | +8% |
| Q3 2025 | $656M | +2% |
| Q2 2025 | $625M | +2% |
| Q1 2025 | $594M | +3% |
From Element Solutions' 10-Q filed Oct 22, 2026 (on EDGAR).
Questions
How does Element Solutions make money?
Element Solutions (ESI) made $995M of revenue in the third quarter 2026 (Q3 2026), +52% from a year earlier. Electronics brought in $780M (78%); Specialties brought in $216M (22%). Of every dollar of revenue, 34¢ was left as gross profit, 11¢ was left as operating profit, 7¢ was left as net earnings.
What is Element Solutions' biggest business?
Electronics: $780M in the third quarter 2026, 78% of revenue, +68% from a year earlier.
What is Element Solutions' profit margin?
Net earnings were $65.7M, 6.6% of revenue, in the third quarter 2026; the operating margin was 11.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.