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Solstice Advanced Materials (SOLS) Financials

SOLS NASDAQ
Trailing 12 months to June 30, 2026
Revenue $4.1B YoY not available
Net Income $210.0M YoY not available
EPS (Diluted) $1.49 FY2025 annual
Free Cash Flow $195.0M YoY not available
Market Cap $9.9B as of Oct 29, 2026
Price / Sales 2.4x on $4.1B revenue, trailing 12 months to June 30, 2026
Price / Earnings 47.3x on $210.0M net income, trailing 12 months to June 30, 2026
Price / Book 6.3x on $1.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SOLS SEC filings page.

Solstice Advanced Materials Inc. (SOLS) reported $4.1B in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SOLS FY2025

Revenue growth is not converting into profit because rising costs, heavier borrowing, and reinvestment are compressing cash generation.

Cash conversion is mixed: operating cash flow remained above net income at 192.0% of it. But free cash flow was only $119M against $336M of capital spending, showing that reported earnings convert to discretionary cash only after substantial reinvestment.

Revenue grew 3.1%, while costs grew 7.0%, indicating that cost pressure—not merely sales volume—is absorbing the expansion. Gross margin fell 2.5 percentage points to 32.2%, confirming weaker economics in the core sales-to-production spread.

Liabilities rose 135.8% while equity fell 56.7%, shifting the balance sheet materially toward creditors. By FY2025, debt-to-equity was 1.4x and the current ratio was 1.4x, making leverage visible both over the long term and in short-term coverage.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 58 / 100
Financial Health Score 58/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Solstice Advanced Materials Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
81
Growth
42

Solstice Advanced Materials Inc.'s revenue grew a modest 3.1% year-over-year to $3.9B. This slow but positive growth earns a score of 42/100.

Leverage
39

Solstice Advanced Materials Inc. has a moderate D/E ratio of 1.39. This balance of debt and equity financing earns a leverage score of 39/100.

Liquidity
38

Solstice Advanced Materials Inc.'s current ratio of 1.39 indicates adequate short-term liquidity, earning a score of 38/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
61

Solstice Advanced Materials Inc. has a free cash flow margin of 3.1%, earning a moderate score of 61/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
86

Solstice Advanced Materials Inc. earns a strong 16.8% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is down from 18.2% the prior year.

Piotroski F-Score Partial
3/8

Solstice Advanced Materials Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.92x

For every $1 of reported earnings, Solstice Advanced Materials Inc. generates $1.92 in operating cash flow ($455.0M OCF vs $237.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.1B
YoY+11.1%
QoQ+15.8%

Solstice Advanced Materials Inc. generated $1.1B in revenue in Q2 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 15.8%.

Net Income
$119.0M
YoY+22.7%
QoQ+40.0%

Solstice Advanced Materials Inc. reported $119.0M in net income in Q2 2026. This represents an increase of 22.7% from the same quarter a year earlier. Against the prior quarter it is up 40.0%.

EPS (Diluted)
$0.75
YoY+23.0%
QoQ+41.5%

Solstice Advanced Materials Inc. earned $0.75 per diluted share (EPS) in Q2 2026. This represents an increase of 23.0% from the same quarter a year earlier. Against the prior quarter it is up 41.5%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow
$124.0M
YoY+67.6%
QoQ0.0%

Solstice Advanced Materials Inc. generated $124.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 67.6% from the same quarter a year earlier. It is unchanged from the prior quarter.

Cash & Debt
$750.0M
YoY-14.1%
QoQ+16.8%

Solstice Advanced Materials Inc. held $750.0M in cash against $2.0B in long-term debt as of Q2 2026.

Dividends Per Share
$0.07
QoQ0.0%

Solstice Advanced Materials Inc. paid $0.07 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding
159M
QoQ0.0%

Solstice Advanced Materials Inc. had 159M shares outstanding in Q2 2026. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin
32.2%
YoY-2.8pp
QoQ+0.3pp

Solstice Advanced Materials Inc.'s gross margin was 32.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Net Margin
10.4%
YoY+1.0pp
QoQ+1.8pp

Solstice Advanced Materials Inc.'s net profit margin was 10.4% in Q2 2026, showing the share of revenue converted to profit. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.

Return on Equity
7.5%
QoQ+1.8pp

Solstice Advanced Materials Inc.'s quarterly ROE was 7.5% in Q2 2026: one quarter's net income over shareholder equity, not annualized. Against the prior quarter it is up 1.8 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

R&D Spending
$25.0M
YoY+8.7%
QoQ-10.7%

Solstice Advanced Materials Inc. invested $25.0M in research and development in Q2 2026. This represents an increase of 8.7% from the same quarter a year earlier. Against the prior quarter it is down 10.7%.

Capital Expenditures
$138.0M
YoY+81.6%
QoQ+84.0%

Solstice Advanced Materials Inc. invested $138.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 81.6% from the same quarter a year earlier. Against the prior quarter it is up 84.0%.

Share Buybacks

Not reported for Q2 2026.

SOLS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SOLS quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$1.1B+11.1%$991.0M+10.5%$987.0M$969.0M+6.8%$1.0B$897.0MN/A$907.0M
Cost of Revenue$778.0M+15.9%$675.0M+17.0%$729.0M$659.0M+14.6%$671.0M$577.0MN/A$575.0M
Gross Profit$370.0M+2.2%$316.0M-1.3%$258.0M$310.0M-6.6%$362.0M$320.0MN/A$332.0M
R&D Expenses$25.0M+8.7%$28.0M+27.3%$26.0M$26.0M+23.8%$23.0M$22.0MN/A$21.0M
SG&A Expenses$123.0M+17.1%$108.0M+16.1%$110.0M$113.0M+5.6%$105.0M$93.0MN/A$107.0M
Interest Expense$23.0M+1050.0%$29.0M+2800.0%$23.0M$2.0M-33.3%$2.0M$1.0MN/A$3.0M
Income Tax$42.0M-58.4%$31.0M-34.0%$32.0M$182.0M+271.4%$101.0M$47.0MN/A$49.0M
Net Income$119.0M+22.7%$85.0M-36.6%$41.0M-$35.0M-123.0%$97.0M$134.0MN/A$152.0M
EPS (Basic)$0.75+23.0%$0.53-37.6%N/AN/A$0.61$0.85N/AN/A
EPS (Diluted)$0.75+23.0%$0.53-37.6%N/AN/A$0.61$0.85N/AN/A
Diluted Shares (Avg)159M+0.4%159M+0.4%N/AN/A159M159MN/AN/A

Not reported in any period shown, so not listed: Operating Income, EBITDA.

SOLS Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SOLS quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$5.9B$5.7B$5.7B+13.4%$5.2BN/AN/A$5.0BN/A
Current Assets$2.6B$2.4B$2.4B+28.3%$1.9BN/AN/A$1.9BN/A
Cash & Equivalents$750.0M-14.1%$642.0M-3.9%$534.0M-19.2%$417.0M-35.3%$873.0M$668.0M$661.0M$645.0M
Short-Term Investments$0n/m$0n/m$0n/m$0n/m$0$0$0$0
Inventory$666.0M$704.0M$715.0M+28.1%$732.0MN/AN/A$558.0MN/A
Accounts Receivable$671.0M$632.0M$645.0M+13.4%$635.0MN/AN/A$569.0MN/A
Long-Term Investments$0n/m$0n/m$0n/m$0n/m$0$0$0$0
Goodwill$817.0M$819.0M$820.0M+1.7%$820.0MN/AN/A$806.0MN/A
Total Liabilities$4.3B$4.3B$4.3B+135.8%$2.1BN/AN/A$1.8BN/A
Current Liabilities$1.8B$1.7B$1.7B+58.2%$1.2BN/AN/A$1.1BN/A
Non-Current Liabilities$2.6B$2.6B$2.6B+249.5%$840.0MN/AN/A$739.0MN/A
Long-Term Debt$2.0B$2.0B$2.0Bn/mN/AN/AN/A$0N/A
Total Equity$1.6B$1.5B$1.4B-56.7%$3.2BN/AN/A$3.3BN/A
Retained Earnings$220.0M$113.0M$41.0Mn/mN/AN/AN/A$0N/A

SOLS Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SOLS quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$262.0M+74.7%$199.0M+24.4%$166.0M-39.6%-$21.0M$150.0M$160.0M$275.0MN/A
Depreciation & Amortization$54.7M-2.3%$54.0M+5.9%$40.0M-18.4%$46.0M+9.5%$56.0M$51.0M$49.0M$42.0M
Stock-Based Compensation$6.0M0.0%$5.0M-16.7%N/A$8.0M+100.0%$6.0M$6.0MN/A$4.0M
Capital Expenditures$138.0M+81.6%$75.0M+21.0%$88.0M-7.4%$110.0M$76.0M$62.0M$95.0MN/A
Free Cash Flow$124.0M+67.6%$124.0M+26.5%$78.0M-56.7%-$131.0M$74.0M$98.0M$180.0MN/A
Investing Cash Flow-$138.0Mn/m-$77.0Mn/m-$102.0Mn/m-$110.0M-$79.0M-$39.0M-$94.0MN/A
Financing Cash Flow-$16.0M-115.1%-$15.0Mn/m$93.0Mn/m-$316.0M$106.0M-$118.0M-$128.0MN/A
Dividends Paid$12.0Mn/m$12.0Mn/mN/AN/A$0$0N/AN/A

Not reported in any period shown, so not listed: Share Buybacks.

SOLS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SOLS quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin32.2%-2.8pp31.9%-3.8pp26.1%32.0%-4.6pp35.0%35.7%N/A36.6%
Net Margin10.4%+1.0pp8.6%-6.4pp4.2%-3.6%-20.4pp9.4%14.9%N/A16.8%
Return on Equity7.5%5.7%2.9%-1.1%N/AN/AN/AN/A
Return on Assets2.0%1.5%0.7%-0.7%N/AN/AN/AN/A
Current Ratio1.461.431.39-0.3x1.53N/AN/A1.72N/A
Debt-to-Equity1.241.321.39+1.4xN/AN/AN/A0.00N/A
Liabilities-to-Equity2.732.883.04+2.5x0.64N/AN/A0.56N/A
Asset Turnover0.190.170.170.18N/AN/AN/AN/A
FCF Margin10.8%+3.6pp12.5%+1.6pp7.9%-13.5%7.2%10.9%N/AN/A

Not reported in any period shown, so not listed: Operating Margin.

Frequently Asked Questions

What is Solstice Advanced Materials Inc.'s annual revenue?

Solstice Advanced Materials Inc. (SOLS) reported $3.9B in total revenue for fiscal year 2025. This represents a 3.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Solstice Advanced Materials Inc.'s revenue growing?

Solstice Advanced Materials Inc. (SOLS) revenue grew by 3.1% year-over-year, from $3.8B to $3.9B in fiscal year 2025.

Is Solstice Advanced Materials Inc. profitable?

Yes, Solstice Advanced Materials Inc. (SOLS) reported a net income of $210.0M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $237.0M, with a net profit margin of 6.1%.

Solstice Advanced Materials Inc. (SOLS) reported diluted earnings per share of $1.49 for fiscal year 2025. This represents a -60.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Solstice Advanced Materials Inc. (SOLS) had $534.0M in cash and equivalents against $2.0B in long-term debt.

Solstice Advanced Materials Inc. (SOLS) had a gross margin of 32.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Solstice Advanced Materials Inc. (SOLS) had a net profit margin of 6.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Solstice Advanced Materials Inc. (SOLS) has a return on equity of 16.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Solstice Advanced Materials Inc. (SOLS) generated $119.0M in free cash flow during fiscal year 2025. This represents a -78.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Solstice Advanced Materials Inc. (SOLS) generated $455.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Solstice Advanced Materials Inc. (SOLS) had $5.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Solstice Advanced Materials Inc. (SOLS) invested $336.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Solstice Advanced Materials Inc. (SOLS) invested $97.0M in research and development during fiscal year 2025.

Solstice Advanced Materials Inc. (SOLS) had 159M shares outstanding as of fiscal year 2025.

Solstice Advanced Materials Inc. (SOLS) had a current ratio of 1.39 as of fiscal year 2025, which is considered adequate.

Solstice Advanced Materials Inc. (SOLS) had a debt-to-equity ratio of 1.39 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

Solstice Advanced Materials Inc. (SOLS) had a liabilities-to-equity ratio of 3.04 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

Solstice Advanced Materials Inc. (SOLS) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Solstice Advanced Materials Inc. (SOLS) trades at 47.3x earnings, its market capitalization divided by $210.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $9.9B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Solstice Advanced Materials Inc. (SOLS) trades at 2.4x sales, its market capitalization divided by $4.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $9.9B as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Solstice Advanced Materials Inc. (SOLS) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Solstice Advanced Materials Inc. (SOLS) has an earnings quality ratio of 1.92x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Solstice Advanced Materials Inc. (SOLS) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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