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Other financials

Income statement

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Revenue$1.3B+3.1%
Gross profit$465.0M+1.8%
Net income$89.0M-18.3%
EPS (diluted)$0.41-18.0%

Balance sheet

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Cash & equivalents$636.0M+1.3%
Total debt$3.6B+4.4%
Total equity$2.5B+11.3%
Total assets$7.7B-1.1%

Cash flow

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Operating cash flow$152.0M+7.0%
CapEx$48.0M+6.7%
Free cash flow$104.0M+7.2%

Valuation

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Market cap$8.15B+32.1%
Enterprise value$11.08B+23.7%
P/E23.4×+9.5×
P/S1.6×+0.4×

Profitability

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Gross margin34%-0.6pp
Operating margin13.2%-1.2pp
Net margin6.8%-1.8pp
FCF margin9.6%+1.7pp

Returns & leverage

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Return on equity14.6%-7.5pp
Debt / equity1.4×-0.1×
Current ratio1.5×-0.6×

Where this comes from

Reported directly by Axalta Coating Systems in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Axalta Coating Systems’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 12:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050466
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other operating charges42126826
Research and development expenses18203637
Amortization of acquired intangibles25245148
Income from operations167193313369
Interest expense, net37457589
Other (income) expense, net(4)5(1)8
Income before income taxes134143239272
Provision for income taxes45335963

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Axalta Coating Systems's operating income?
Axalta Coating Systems (AXTA) reported operating income of $167M in Q2 2026.
How has Axalta Coating Systems's operating income changed year-over-year?
Axalta Coating Systems's operating income decreased by 13.5% year-over-year, from $193M to $167M.
What is the long-term trend for Axalta Coating Systems's operating income?
Over 4 years (2021 to 2025), Axalta Coating Systems's operating income has grown at a 12.3% compound annual growth rate (CAGR), from $462.4M to $735M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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