Element Solutions Quarterly Income Statement
NYSE: ESIIndustrialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Element Solutions revenue and earnings
In the quarter ended Mar 31, 2026, Element Solutions generated $840.0 million in revenue, up 41.5% from the same quarter a year earlier. Net income was $55.9 million (-43.0% year over year), for a net margin of 6.7% versus a median of 7.6% in the prior 5 quarters. Gross margin was 38.4% (down from 42.2%) and operating margin 13.3%.
Diluted earnings per share came in at $0.23, down from $0.40.
Summary generated from market data by MetaCap's automated system. Methodology
Element Solutions income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 840.00M | 676.20M | 656.10M | 625.20M | 593.70M | 624.20M | 645.00M | 612.70M | 575.00M | 573.40M | 599.30M | 586.10M |
| Revenue growth (YoY) | +41.49% | +8.33% | +1.72% | +2.04% | +3.25% | +8.86% | +7.63% | +4.54% | +0.10% | -0.07% | -3.10% | -13.41% |
| Cost of Revenue | 517.30M | 399.60M | 379.10M | 358.80M | 343.20M | 368.20M | 377.50M | 345.50M | 330.00M | 353.10M | 357.40M | 357.60M |
| Gross Profit | 322.70M | 276.60M | 277.00M | 266.40M | 250.50M | 256.00M | 267.50M | 267.20M | 245.00M | 220.30M | 241.90M | 228.50M |
| Operating Expenses | 211.30M | 206.90M | 176.20M | 172.10M | 173.10M | 181.10M | 172.50M | 171.00M | 167.20M | 164.80M | 242.80M | 175.90M |
| Research & Development | 20.20M | 17.40M | 18.10M | 16.20M | 15.90M | 14.40M | 14.90M | 15.60M | 18.10M | 13.80M | 12.90M | 28.90M |
| Selling, General & Admin | 191.10M | 189.50M | 158.10M | 155.90M | 157.20M | 166.70M | 157.60M | 155.40M | 149.10M | 151.00M | 149.90M | 147.00M |
| Operating Income | 111.40M | 69.70M | 100.80M | 94.30M | 77.40M | 74.90M | 95.00M | 96.20M | 77.80M | 55.50M | -900.00K | 52.60M |
| Other Income (Expense) | -28.70M | -38.70M | -45.30M | -31.00M | 38.40M | -8.10M | -17.80M | -22.00M | -8.30M | -17.90M | -15.50M | -4.60M |
| Pretax Income | 82.70M | 31.00M | 55.50M | 63.30M | 115.80M | 66.80M | 77.20M | 74.20M | 69.50M | 37.60M | -16.40M | 48.00M |
| Income Tax | 26.70M | 24.80M | 16.20M | 15.80M | 17.80M | 12.00M | 36.80M | -17.50M | 13.50M | -40.40M | 15.30M | 21.20M |
| Net Income | 55.90M | 6.10M | 39.30M | 47.40M | 98.00M | 54.70M | 40.30M | 93.20M | 56.00M | 77.10M | -31.80M | 29.90M |
| Net Income growth (YoY) | -42.96% | -88.85% | -2.48% | -49.14% | +75.00% | -29.05% | — | +211.71% | +30.54% | +507.09% | -159.77% | -54.14% |
| EPS (Basic) | 0.23 | 0.03 | 0.16 | 0.20 | 0.40 | 0.22 | 0.17 | 0.39 | 0.23 | 0.32 | -0.13 | 0.12 |
| EPS (Diluted) | 0.23 | 0.03 | 0.16 | 0.20 | 0.40 | 0.22 | 0.17 | 0.39 | 0.23 | 0.32 | -0.13 | 0.12 |
| Shares Outstanding (Basic) | 243.20M | — | 241.60M | 241.90M | 242.40M | — | 242.10M | 242.10M | 241.80M | — | 241.50M | 241.40M |
| Shares Outstanding (Diluted) | 243.70M | — | 242.00M | 242.20M | 243.00M | — | 242.60M | 242.50M | 242.50M | — | 241.50M | 241.70M |
| EBITDA | 153.90M | 106.90M | 139.40M | 132.50M | 114.60M | 112.70M | 134.40M | 136.30M | 118.10M | 97.50M | 43.60M | 93.70M |
| Gross Margin | 38.42% | 40.91% | 42.22% | 42.61% | 42.19% | 41.01% | 41.47% | 43.61% | 42.61% | 38.42% | 40.36% | 38.99% |
| Operating Margin | 13.26% | 10.31% | 15.36% | 15.08% | 13.04% | 12.00% | 14.73% | 15.70% | 13.53% | 9.68% | -15.00% | 8.97% |
| Net Margin | 6.65% | 90.00% | 5.99% | 7.58% | 16.51% | 8.76% | 6.25% | 15.21% | 9.74% | 13.45% | -5.31% | 5.10% |
This table shows 12 quarterly periods of Element Solutions's income statement, from Q1 2026 back to Q2 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ESI's reporting calendar. What is a income statement?