Filing Flows › Solstice Advanced Materials (SOLS) › Q1 2026
Solstice Advanced Materials (SOLS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Solstice Advanced Materials (SOLS) reported revenue of $991M for the first quarter 2026 (Q1 2026), +10% from a year earlier and +0.4% from the quarter before. Operating margin was 13.7%, net earnings $85.0M (8.6% of revenue).
Solstice Advanced Materials, Q1 2026: revenue $991M (+10% year over year), operating margin 13.7%, net earnings $85.0M, operating cash flow $199M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $991M | +0.4% | +10% |
| Operating profit | $136M | +58% | -27% |
| Net earnings | $85.0M | +107% | -37% |
| Operating cash flow | $199M | +20% | +24% |
| Free cash flow | $124M | +59% | +27% |
What changed
Revenue was $991.0M in Q1 2026, up 10% year over year and roughly flat from the previous quarter. Products was the largest line at 92% of revenue. Products added $77.0M year over year (up 9%), 82% of the total change.
Operating profit was $136.0M, a 13.7% margin (down 7.1 points year over year). Operating profit fell $51.0M even though revenue rose $94.0M versus a year earlier, so costs grew faster than sales. Total costs grew 20% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+144%). Net earnings were $85.0M, down 37% year over year. The effective tax rate was 22.8%.
Operating cash flow was $199.0M (up 24% year over year), 190% of net income including minority interests. Non-cash charges added back $54.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $35.0M. Capital expenditures of $75.0M left free cash flow of $124.0M.
Questions
What was Solstice Advanced Materials' revenue in the first quarter 2026?
Solstice Advanced Materials (SOLS) reported revenue of $991M for the first quarter 2026 (Q1 2026), +10% from a year earlier and +0.4% from the quarter before.
Was Solstice Advanced Materials profitable in the first quarter 2026?
Operating profit was $136M (13.7% of revenue) and net earnings $85.0M.