Solstice Advanced Materials Reports Q2 2026 Results with Strong Revenue Growth
Solstice Advanced Materials (SOLS) reported second-quarter results for fiscal year 2026, showing strong performance across several business segments. Net sales reached $1.15 billion, up 11% from the prior year and exceeding management's guidance range. Adjusted EBITDA rose to $290 million, a modest increase of 2%, driven by volume growth and favorable pricing despite margin pressures due to plant turnaround activity. The Refrigerants and Applied Solutions segment saw sales rise 12% but experienced an adjusted EBITDA decline of 6%. In contrast, the Electronic and Specialty Materials division delivered strong results with $64 million in adjusted EBITDA—a 24% increase—due to productivity improvements. Nuclear Sales grew by 27%, while Healthcare Packaging rose 24% following a recovery from prior destocking. For full-year guidance, Solstice raised its net sales outlook to between $4.13 billion and $4.19 billion due to strong first-half performance. The company also increased adjusted EBITDA expectations to $1.04–$1.06 billion.
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