Solstice Advanced Materials Reports Strong Q3 2026 Results and Raises Full-Year Guidance
Solstice Advanced Materials (SOLS) delivered a robust third quarter for 2026, reporting net sales of $1.05 billion, an 8% increase year-over-year that exceeded the company's previous guidance. Growth was primarily driven by high demand in electronic materials for AI and memory applications, as well as strength in the automotive and data center sectors within its refrigerant segment. The company demonstrated significant operational leverage, with adjusted EBITDA rising 13% to $265 million and margins expanding by 109 basis points. Management responded to this momentum by raising full-year 2026 sales and EBITDA guidance for the second consecutive quarter. While residential markets faced headwinds due to housing trends, a massive $2.6 billion nuclear backlog provides long-term visibility through 2039.
Tickers: $SOLS
Topics: adjusted EBITDA guidance net sales nuclear backlog revenue growth