Solstice Advanced Materials Financial Statements
NASDAQ: SOLSIndustrialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Solstice Advanced Materials revenue and earnings
In fiscal 2025, Solstice Advanced Materials generated $3.89 billion in revenue, up 3.1% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $237.0 million (-60.1% year over year), for a net margin of 6.1% versus a median of 16.4% in the prior 2 years. Gross margin was 32.2% (down from 34.6%).
Diluted earnings per share came in at $1.49, down from $3.74. Over the last 2 fiscal years, SOLS's revenue has grown at a 3.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Solstice Advanced Materials income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 |
|---|---|---|---|
| Revenue | 3.89B | 3.77B | 3.65B |
| Revenue growth (YoY) | +3.08% | +3.32% | — |
| Cost of Revenue | 2.64B | 2.46B | 2.37B |
| Gross Profit | 1.25B | 1.31B | 1.28B |
| Research & Development | 97.00M | 83.00M | 81.00M |
| Selling, General & Admin | 421.00M | 392.00M | 378.00M |
| Interest Expense | 28.00M | 13.00M | 16.00M |
| Other Income (Expense) | 60.00M | 5.00M | 7.00M |
| Pretax Income | 647.00M | 797.00M | 814.00M |
| Income Tax | 362.00M | 192.00M | 195.00M |
| Net Income | 237.00M | 594.00M | 621.00M |
| Net Income growth (YoY) | -60.10% | -4.35% | — |
| EPS (Basic) | 1.49 | 3.74 | 3.91 |
| EPS (Diluted) | 1.49 | 3.74 | 3.91 |
| Shares Outstanding (Basic) | 158.70M | 158.70M | 158.70M |
| Shares Outstanding (Diluted) | 158.90M | 158.70M | 158.70M |
| Gross Margin | 32.17% | 34.64% | 35.16% |
| Net Margin | 6.10% | 15.76% | 17.02% |
This table shows 3 annual periods of Solstice Advanced Materials's income statement, from FY 2025 back to FY 2023, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SOLS's reporting calendar. What is a income statement?