Solstice Advanced Materials, Inc (SOLS) Income Statement
SOLS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSOLS revenue and net income
Where SOLS's revenue goes
2025Each bar shows an amount and its share of revenue. SOLS kept 6.1% of revenue as net income.
SOLS profit margins
SOLS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.1% | +2.7% | — | — |
| Gross profit | −3.7% | −3.8% | — | — |
| Operating income | −3.7% | −8.9% | — | — |
| Net income | −43.8% | −30.9% | — | — |
| EPS (diluted) | −42.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SOLS quarterly EPS vs estimates
Solstice Advanced Materials beat the analyst EPS estimate in 4 of the last 5 quarters. Next report: November 4, 2026 (estimate $0.69).
SOLS income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $3.89B | $3.77B | $3.65B | $3.59B |
| Cost of revenue | $2.64B | $2.47B | $2.37B | $2.18B |
| Gross profit | $1.25B | $1.30B | $1.28B | $1.40B |
| Research & development | $97.0M | $84.0M | $81.0M | $79.0M |
| Sales, general & admin | $421.0M | $454.0M | $378.0M | $357.0M |
| Total operating expenses | $518.0M | $538.0M | $459.0M | $436.0M |
| Operating income | $732.0M | $760.0M | $824.0M | $967.0M |
| Interest expense | $28.0M | $149.0M | $16.0M | $21.0M |
| Income before taxes | $647.0M | $600.0M | $814.0M | $943.0M |
| Income taxes | $362.0M | $167.0M | $195.0M | $211.0M |
| Net income | $237.0M | $422.0M | $621.0M | $718.0M |
| EBITDA | $895.0M | $966.0M | $1.05B | $1.12B |
| EPS (diluted) | $1.53 | $2.66 | $3.91 | — |
| Gross margin | 32.2% | 34.4% | 35.2% | 39.1% |
| Operating margin | 18.8% | 20.2% | 22.6% | 27.0% |
| Net margin | 6.1% | 11.2% | 17.0% | 20.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $991.0M | $987.0M | $969.0M | $1.03B | $897.0M | $913.0M | $907.0M | $975.0M |
| Cost of revenue | $778.0M | $675.0M | $729.0M | $659.0M | $676.0M | $576.0M | $616.0M | $575.0M | $640.5M |
| Gross profit | $370.0M | $316.0M | $258.0M | $310.0M | $357.0M | $321.0M | $297.0M | $332.0M | $334.5M |
| Research & development | $25.0M | $28.0M | $27.0M | $26.0M | $24.0M | $22.0M | $22.0M | $21.0M | $20.5M |
| Sales, general & admin | $123.0M | $108.0M | $112.0M | $113.0M | $118.0M | $93.0M | $151.0M | $107.0M | — |
| Total operating expenses | $148.0M | $136.0M | $139.0M | $139.0M | $142.0M | $115.0M | $173.0M | $128.0M | $120.0M |
| Operating income | $222.0M | $180.0M | $119.0M | $171.0M | $215.0M | $206.0M | $124.0M | $204.0M | $214.5M |
| Interest expense | $23.0M | $29.0M | $23.0M | $2.0M | $71.0M | $1.0M | $138.0M | $3.0M | $3.5M |
| Income before taxes | $176.0M | $136.0M | $86.0M | $173.0M | $114.0M | $188.0M | −$21.0M | $197.0M | $212.5M |
| Income taxes | $42.0M | $31.0M | $32.0M | $182.0M | $97.0M | $47.0M | $17.0M | $49.0M | $50.5M |
| Net income | $119.0M | $85.0M | $41.0M | −$35.0M | $16.0M | $134.0M | −$39.0M | $152.0M | $155.0M |
| EBITDA | $279.0M | $224.0M | $163.0M | $225.0M | $244.0M | $246.0M | $173.0M | $249.0M | $268.5M |
| EPS (diluted) | $0.88 | $0.63 | $0.26 | $0.55 | $0.72 | — | — | — | — |
| Gross margin | 32.2% | 31.9% | 26.1% | 32.0% | 34.6% | 35.8% | 32.5% | 36.6% | 34.3% |
| Operating margin | 19.3% | 18.2% | 12.1% | 17.6% | 20.8% | 23.0% | 13.6% | 22.5% | 22.0% |
| Net margin | 10.4% | 8.6% | 4.2% | −3.6% | 1.5% | 14.9% | −4.3% | 16.8% | 15.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SOLS's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SOLS financial results
In fiscal year 2025 (ended December 31, 2025), Solstice Advanced Materials reported revenue of $3.9 billion, up 3.1% from the year before. It had net income of $237.0 million (down 43.8%), a net profit margin of 6.1%. Diluted earnings per share came to $1.53.
See the SOLS stock overview for the latest quote and news, or the SOLS chart for price history and technical indicators.
SOLS income statement FAQ
What is Solstice Advanced Materials's annual revenue?
Solstice Advanced Materials reported total revenue of $3.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 3.1% from $3.8 billion the previous year.
Is Solstice Advanced Materials profitable?
Yes. Solstice Advanced Materials reported net income of $237.0 million in fiscal 2025, a net profit margin of 6.1%; its operating margin was 18.8%.
What is Solstice Advanced Materials's gross margin?
Solstice Advanced Materials's gross margin was 32.2% in fiscal 2025: for every $100 of revenue, Solstice Advanced Materials kept $32 after the direct cost of its products and services.
How much does Solstice Advanced Materials spend on research and development?
Solstice Advanced Materials spent $97.0 million on research and development in fiscal 2025, 2.5% of revenue.
What are Solstice Advanced Materials's earnings per share?
Solstice Advanced Materials earned $1.53 per diluted share in fiscal 2025, compared with $2.66 a year earlier.
When will Solstice Advanced Materials report its next earnings?
Solstice Advanced Materials is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Solstice Advanced Materials's fiscal year end?
Solstice Advanced Materials's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.