Solstice Raises 2026 Guidance After Q3 Sales Rise 8% to $1.05B
MORRIS PLAINS, N.J. – November 04, 2026 -- Solstice Advanced Materials (Nasdaq: SOLS) raised its full-year 2026 outlook for the second consecutive quarter after third-quarter net sales climbed 8% year over year to $1,046 million, ahead of company guidance.
The company now expects 2026 net sales of $4,195-$4,220 million, adjusted EBITDA of $1,050-$1,060 million and adjusted diluted EPS of $2.90-$2.95.
Earnings swing to $80 million profit as margin widens 109 basis points
Net income attributable to Solstice was $80 million, or $0.50 per diluted share, against a $35 million net loss a year earlier. Adjusted diluted EPS was $0.80. The turnaround reflected higher net sales and lower income taxes, partly offset by higher interest expense.
Adjusted EBITDA rose 13% to $265 million. The adjusted EBITDA margin reached 25.3%, up 109 basis points, on sales growth and operational leverage. Organic net sales rose 8%, driven by volume and price.