Solstice Advanced Materials Inc. (SOLS)
The company now
Solstice Advanced Materials reported third-quarter 2026 net sales of $1,046 million on 4 November, up 8 percent from a year earlier 1. Net income attributable to the company was $80 million, against a loss of $35 million in the third quarter of 2025 1.
The release credits electronic materials, where sales rose 31 percent to $135 million on demand for sputtering targets and thermal solutions in memory and AI-related uses 1. The company raised its full-year 2026 outlook to net sales of $4,195 million to $4,220 million and adjusted EBITDA, a profit measure it adjusts itself, of $1,050 million to $1,060 million 1.
The board declared a quarterly dividend of $0.075 per share, payable on 10 December 2026 to shareowners of record on 25 November 2.
The open question is what the company does with its cash after the roughly $14 billion Element Solutions merger, signed in July, was ended by mutual agreement on 27 August 2026 53. The company returned $112 million to shareowners in the third quarter, including $100 million of share repurchases 1. It intends to substantially complete its $500 million repurchase authorization by the end of the first quarter of 2027 1.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.