SOLS: Solstice Advanced Materials Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
Q3 net sales $1,046M up 8% y/y, adj EPS $0.80; FY26 guidance raised to adj EPS $2.90-$2.95, $100M buyback done in Q3.
What this filing says
Solstice Advanced Materials reported third quarter 2026 net sales of $1,046 million, up 8% year over year, with net income of $80 million and diluted EPS of $0.50. The company raised its full-year 2026 guidance and said it returned $112 million to shareowners in the quarter, including $100 million of share repurchases. For a shareholder, the filing shows stronger results and buybacks that reduce the share count, though the adjusted figures used in the release are non-GAAP measures.
Key figures
- Q3 2026 net sales
- $1,046 million
- Q3 net income attributable to Solstice
- $80 million
- Q3 diluted EPS
- $0.50
- Q3 Adjusted EBITDA
- $265 million
- Shares repurchased in Q3
- 1.7 million shares
- Full-year 2026 net sales guidance
- $4,195 - $4,220 million
Positive for shareholders
- Net sales grew 8% year over year, led by Electronic Materials, Refrigerants and Healthcare Packaging.
- Full-year 2026 guidance was raised.
- Adjusted EBITDA margin rose 109 basis points to 25.3%.
- The company bought back $100 million of stock in the quarter and plans to substantially complete a $500 million authorization by the end of Q1 2027.
Negative for shareholders
- Diluted EPS of $0.50 is well below the $0.80 adjusted diluted EPS, because the adjusted figure excludes several items.
- Share repurchases use cash that could otherwise fund other priorities.
Written by Quantisnow AI from this filing. Not financial advice.
Form 8-K cover page
Key terms
- Adjusted EBITDA:
- A non-GAAP profit measure that starts from net income and adds back taxes, interest, depreciation, amortization and certain unusual or non-recurring items.
- Guidance:
- The company's own forecast of expected future financial results.
- Share repurchase program:
- A plan under which a company buys back its own shares on the open market, reducing the number of shares outstanding.
FAQ
How did Solstice Advanced Materials perform in the third quarter of 2026?
Net sales were $1,046 million, up 8% year over year, with net income attributable to the company of $80 million and diluted EPS of $0.50.
Did Solstice change its full-year 2026 outlook?
Yes, the company raised its guidance, now expecting net sales of $4,195 to $4,220 million and Adjusted EBITDA of $1,050 to $1,060 million.
How much stock did Solstice buy back?
The company completed $100 million of its $500 million authorization in the third quarter, repurchasing 1.7 million shares, and intends to substantially complete the program by the end of Q1 2027.
Historical context for SOLS
Across the 25 sessions after earlier SOLS headlines, the stock closed higher 13 times and lower 12 times, with a median move of 2.0% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | SOLS | SPY |
|---|---|---|---|
| Nov 4, 2026 | Solstice Advanced Materials Reports Third Quarter 2026 Results | -6.5% | +1.7% |
| Oct 13, 2026 | Barclays initiated coverage on Solstice Advance Materials with a new price target | +0.3% | -0.0% |
| Oct 9, 2026 | Solstice Announces $49 Million Investment to Expand Research and Development Capabilities in Buffalo, New York | +1.9% | +0.6% |
| Oct 7, 2026 | Seaport Research Partners initiated coverage on Solstice Advance Materials with a new price target | -1.5% | -0.2% |
| Sep 3, 2026 | Jefferies initiated coverage on Solstice Advance Materials with a new price target | +0.6% | +1.0% |
| Jul 30, 2026 | Solstice Advanced Materials Reports Second Quarter 2026 Results | +3.1% | +1.7% |
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Major Chemicals
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