Solstice Advanced Materials Inc. (SOLS)

Solstice Advanced Materials beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported July 30, as adjusted EPS of $0.88 topped the $0.77 estimate (+14%) and revenue of $1.148 billion topped the $1.079 billion estimate (+6.4%). Revenue rose ~11% to about $1.1 billion from roughly $1.0 billion a year ago, led by Refrigerants & Applied Solutions, which grew ~12% to around $850 million, while Electronic & Specialty Materials increased ~8% to about $298 million. Profitability tracked with gross profit of roughly $370 million and a gross margin of about 32%, alongside operating income near $222 million with operating margin around 19%. Net income surged roughly 644% to about $119 million, up from around $16 million a year earlier. The company generated operating cash flow of about $262 million and paid roughly $12 million in dividends during the quarter. For the next period, consensus calls for EPS of $0.72 on revenue of $1.019 billion.