Chemours Co (CC) Form 8-K — Aug 4, 2026
Chemours reported second quarter 2026 net sales of $1.6 billion, down about 1% year over year, and a net loss attributable to Chemours of $274 million, or $1.81 per diluted share, versus a $380 million loss in the prior-year quarter. The loss was driven by $225 million of litigation-related charges and $144 million of environmental charges tied to the newly announced EPA and WVDEP consent decree, partially offset by a $273 million gain on the Kuan Yin property sale. On an adjusted basis, Adjusted EBITDA came in at $247 million versus $260 million a year ago and Adjusted EPS was $0.42 versus $0.61, which management characterized as near the high end of the guidance range.
Key figures
- Eps
- -$1.81 per diluted share
- Revenue
- $1,591 million
- Guidance
- Q3 2026: Net Sales -5% to flat sequentially, Adjusted EBITDA $175-205 million, capex ~$65 million, FCF at least $50 million; FY2026: Net Sales +1-5%, Adjusted EBITDA $775-825 million, capex $250-280 million, FCF conversion above 25%, net leverage ~3.8x by year-end
- Net Income
- -$274 million (net loss attributable to Chemours)
- Total Debt
- $3.9 billion gross debt ($3,243 million net of cash)
- Revenue Yoy
- -1%
- Total Assets
- $7,150 million
- Cash Position
- $671 million unrestricted cash
- Capex
- $44 million
- Adjusted eps
- $0.42 vs $0.61 prior-year quarter
- Fcf conversion
- 46%
- Free cash flow
- $114 million vs $50 million prior-year quarter (+128%)
- Adjusted ebitda
- $247 million vs $260 million prior-year quarter
- Total liquidity
- $1.6 billion
- Segment net sales
- ["TSS $591 million (-1% YoY)","TT $661 million (+1% YoY)","APM $326 million (-6% YoY)"]
- Term loan paydown
- EUR 230 million of B-3 Euro-denominated Term Loan due August 2028
- Net leverage ratio
- 4.4x (vs 4.6x TTM prior)
- Shares outstanding
- 150463268
- Adjusted net income
- $64 million vs $91 million prior-year quarter
- Operating cash flow
- $158 million vs $93 million prior-year quarter
- Environmental charges
- $144 million
- Segment adjusted ebitda
- ["TSS $213 million (+3%)","TT $48 million (+2%)","APM $26 million (-48%)"]
- Tio2 price increase ytd
- approximately 5%
- Litigation related charges
- $225 million
- Kuan yin property sale gain
- $273 million
Price after filing
Close on the filing date to close N calendar days later (from $17.11). Historical, not a forecast.
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