Element Solutions Inc (ESI) Form 10-Q — Oct 22, 2026
Element Solutions posted a strong third quarter: net sales rose 52% reported and 13% organically to $995.3 million, with net income of $65.7 million versus $39.3 million a year ago, and Adjusted EBITDA up 30% to $191.0 million. Growth was driven by the Micromax and EFC acquisitions plus AI/data-center-driven organic demand in Electronics (18% organic growth). The quarter's report also confirms the mutual termination of the planned merger with Solstice Advanced Materials on August 27, 2026, ending the deal originally signed July 6, 2026, with no termination fee disclosed and mutual releases of claims.
Key figures
- Eps
- 0.27
- Revenue
- 995.3
- Net Income
- 65.7
- Total Debt
- 2082.1
- Revenue Yoy
- 52%
- Cash Position
- 224.9
- Shares Outstanding
- 242602998
- Nine month eps
- 0.82
- Add on term loans
- $450 million
- Adjusted ebitda q3
- 191
- Capex guidance 2026
- $110 million
- Dividend per share q3
- $0.08
- Efc acquisition price
- $367 million
- Nine month net income
- 199
- Adjusted ebitda yoy q3
- 30%
- Organic sales growth q3
- 13%
- Micromax acquisition price
- $494 million
- Adjusted ebitda nine months
- 536.8
- Repurchase authorization remaining
- $518 million
AI analysis
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