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Nasdaq · Materials

Solstice Advanced Materials Inc. (SOLS)

As-reported financials and SEC filings for Solstice Advanced Materials Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Solstice Advanced Materials Inc.

Solstice Advanced Materials Inc. is a global company that provides advanced materials including refrigerants, blowing agents, semiconductor materials, protective fibers, and healthcare packaging. It operates through two segments: Refrigerants & Applied Solutions, serving markets such as HVAC, automotive, nuclear energy, and healthcare; and Electronic & Specialty Materials, serving semiconductor, defense, pharmaceutical, and construction markets. The company serves over 3,000 customers worldwide and maintains manufacturing and research facilities in multiple countries.

Snapshot

Revenue
$3.89B
Revenue growth (YoY)
3.1%
Net income
$237.0M
Diluted EPS
$1.49
Gross margin
32.2%
Operating margin
Net margin
6.1%
FCF margin
3.1%
ROE
17.2%
net income / fiscal-year-end equity
P/E
42.7×
trailing when available, otherwise FY EPS
Market cap
$8.95B
Long-term debt / equity
1.43×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Solstice Advanced Materials

  • Revenue grew 3.1% to $3.9B in FY2025, in line with the 3.3% the year before.
  • Most recent quarter Q2 FY2026: revenue $1.1B, up 11.1% from Q2 FY2025.
  • Free cash flow was $119M in FY2025, 3.1% of revenue.
  • Net income fell 60.1% to $237M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Solstice Advanced Materials’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin32.2%
64th percentile of 191
Net margin6.1%
67th percentile of 221
FCF margin3.1%
44th percentile of 205
Revenue growth (YoY)+3.1%
54th percentile of 236
ROE17.2%
82nd percentile of 216
P/E42.7×
81st percentile of 134
Long-term debt / equity1.43×
82nd percentile of 165
Short interest5.16d
72nd percentile of 238

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$723.6M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$297.3M3.4MAdded
AQR Capital ManagementquantQ2 2026$133.6M1.5MAdded
Renaissance TechnologiesquantQ2 2026$70.4M795.0KAdded
Millennium ManagementquantQ2 2026$55.4M625.5KAdded
D. E. ShawquantQ2 2026$47.4M534.8KAdded
Point72 Asset ManagementquantQ2 2026$41.3M465.7KReduced
Citadel AdvisorsquantQ2 2026$37.5M423.5KReduced
Gotham Asset ManagementQ2 2026$35.1M396.3KAdded
Duquesne Family OfficeQ2 2026$5.5M62.5KHeld

No longer held by: Coatue Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
9.6M
settled 2026-08-14
Change vs prior
-24.0%
vs previous settlement
Days to cover
5.16
at avg daily volume
Avg daily volume
1.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-149.6M-24.0%5.16
2026-07-3112.7M+12.1%3.27
2026-07-1511.3M+102.2%1.90
2026-06-305.6M+3.2%2.72
2026-06-155.4M+35.8%3.46
2026-05-294.0M-0.2%2.17
2026-05-154.0M+10.2%1.50
2026-04-303.6M+16.8%1.96

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023
Revenue$3.89B$3.77B$3.65B
Gross profit$1.25B$1.31B$1.28B
Operating income
Net income$237.0M$594.0M$621.0M
Diluted EPS$1.49$3.74$3.91

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023
Cash and equivalents$534.0M$661.0M$606.0M
Current assets$2.39B$1.86B
Total assets$5.67B$5.00B
Current liabilities$1.71B$1.08B
Long-term debt$1.97B$0
Total liabilities$4.30B$1.82B
Total equity$1.38B$3.18B$3.03B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023
Operating cash flow$455.0M$842.0M$760.0M
Capital expenditure$336.0M$296.0M$299.0M
Free cash flow$119.0M$546.0M$461.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.15B11.1%$119.0M$0.75
Q1 FY2026$991.0M10.5%$85.0M$0.53
Q4 FY2025$987.0M8.1%$41.0M
Q3 FY2025$969.0M6.8%$-35.0M
Q2 FY2025$1.03B$97.0M$0.61
Q1 FY2025$897.0M$134.0M$0.85
Q4 FY2024$913.0M$133.0M
Q3 FY2024$907.0M$152.0M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorMaterials
SIC industryChemicals & Allied Products
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2025
SEC CIK2064953

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-27
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-07-27
View on EDGAR →
8-K2026-07-20
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.