Element Solutions (ESI)
Supplies process chemistries for electronics manufacturing, surface finishing, and offshore energy.
$35.19
After hours0.00 (0.00%)
At close$35.19(+5.30%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 599 | 573 | 575 | 613 | 645 | 624 | 594 | 625 | 656 | 676 | 840 | 978 |
| Cost of revenue | 357 | 353 | 330 | 346 | 378 | 368 | 343 | 359 | 379 | 400 | 517 | 644 |
| Gross profit | 242 | 220 | 245 | 267 | 268 | 256 | 251 | 266 | 277 | 277 | 323 | 334 |
| 243 | 165 | 167 | 171 | 173 | 181 | 173 | 172 | 176 | 207 | 211 | 220 | |
| Research & development | 13 | 14 | 18 | 16 | 15 | 14 | 16 | 16 | 18 | 17 | 20 | 20 |
| 150 | 151 | 149 | 155 | 158 | 167 | 157 | 156 | 158 | 190 | 191 | 201 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 191 | 0 |
| Other expenses | 80 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −1 | 56 | 78 | 96 | 95 | 75 | 77 | 94 | 101 | 70 | 111 | 114 |
| −16 | −18 | −8 | −22 | −18 | −8 | 3 | −31 | −78 | −120 | −29 | −66 | |
| Interest expense | 13 | 12 | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 22 | 24 |
| Other non-operating income | 2 | −11 | −6 | 8 | 4 | −6 | −53 | 18 | 64 | 107 | 7 | 0 |
| Income before tax | −16 | 38 | 70 | 74 | 77 | 67 | 80 | 63 | 23 | −50 | 83 | 48 |
| Income tax expense | 15 | −40 | 14 | −18 | 37 | 12 | −18 | 16 | −16 | −56 | 27 | −30 |
| Net income from continuing operations | −32 | 78 | 56 | 92 | 40 | 55 | 98 | 48 | 39 | 6 | 56 | 77 |
| Discontinued operations | 0 | −1 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −32 | 77 | 56 | 93 | 40 | 55 | 98 | 47 | 39 | 6 | 56 | 77 |
| EPS, basic | −$0.13 | $0.32 | $0.23 | $0.39 | $0.17 | $0.23 | $0.40 | $0.20 | $0.16 | $0.03 | $0.23 | $0.32 |
| EPS, diluted | −$0.13 | $0.32 | $0.23 | $0.38 | $0.17 | $0.23 | $0.40 | $0.20 | $0.16 | $0.03 | $0.23 | $0.32 |
| Weighted average shares, basic | 242 | 242 | 242 | 242 | 242 | 242 | 242 | 242 | 242 | 242 | 243 | 244 |
| Weighted average shares, diluted | 242 | 242 | 243 | 243 | 243 | 243 | 243 | 243 | 242 | 242 | 244 | 244 |
| EBITDA | 41 | 109 | 124 | 129 | 131 | 119 | 167 | 114 | 75 | 0 | 147 | 158 |
| Depreciation & amortization | 45 | 42 | 40 | 40 | 39 | 38 | 37 | 38 | 39 | 37 | 43 | 45 |
| EBIT | −3 | 67 | 83 | 89 | 91 | 81 | 130 | 76 | 36 | −38 | 104 | 114 |
