Element Solutions Reports Record Q3 2026 Revenue and Raises Full-Year Guidance
Element Solutions Inc (ESI) reported record third-quarter revenue of $995.3 million, representing a 52% reported growth and 13% organic growth. The company's performance was primarily driven by the Electronics segment, which saw an 18% increase in organic net sales fueled by strong demand in the semiconductor and data center verticals. Despite some headwinds in the Offshore Solutions segment due to equipment failure at a major customer site, overall momentum remains robust. Driven by these results, management raised its full-year adjusted EBITDA guidance to approximately $720 million and expects adjusted EPS growth to exceed 20%. The company is also focusing on strategic capacity expansion for ActiveCopper and thermal interface materials. Following the termination of a proposed merger with Solstice, ESI has pivoted toward an organizational restructuring designed to decentralize its Electronics segment into autonomous units to enhance operational speed.
Tickers: $ESI
Topics: Adjusted EBITDA EPS Increase Guidance Upgrade Net Sales Growth Segment Performance