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Element Solutions ESI Q2 2026 earnings

Reported July 27, 2026 · After market close

Revenue$977.9MBeat by $104.7M
Adjusted EPS$0.47Beat by $0.04
Revenue estimate$873.2M
EPS estimate$0.43
Element Solutions delivered a record quarter of revenue, adjusted EBITDA and adjusted EPS. Our strategic execution – marrying operational excellence and prudent capital allocation – continues to generate exceptional profit growth. Core markets remain healthy, and customer engagements continue to accelerate to meet our supply chain's ever-more challenging technical roadmaps. The organic outlook for the year improved over the course of the second quarter as reflected in our increased full year adjusted EBITDA guidance, while progress against strategic priorities, including the Micromax integration and Kuprion scale up, reinforces our confidence in the long-term trajectory for the Company.
Benjamin Gliklich

Next report

Oct 27, 2026 (in 2 months)
Revenue estimate$959.0M
EPS estimate$0.48

Financials

Q2 2026

Income statement

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Revenue$977.9M+56.4%
Gross profit$334.0M+25.4%
Operating income$113.7M+20.6%
Net income$77.3M+63.1%
EPS (diluted)$0.32+60.0%

Balance sheet

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Cash & equivalents$189.6M-64.2%
Total debt$2.2B+34.3%
Total equity$2.8B+7.1%
Total assets$5.8B+15.6%

Cash flow

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Operating cash flow$99.6M+37.2%
CapEx$27.9M+57.6%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$8.78B+41.1%
Enterprise value$10.77B+47.2%
P/E49.2×+23.3×
P/S2.8×+0.3×

Profitability

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Gross margin38.4%-3.4pp
Operating margin12.6%-1.2pp
Net margin5.7%-4.0pp

Returns & leverage

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Return on equity6.6%-3.0pp
Debt / equity0.8×+0.2×
Current ratio2.9×-1.2×

Segments

By product

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Assembly Solutions$369.0M+67.0%
Industrial Solutions$171.7M+5.0%
Circuitry Solutions$154.1M+17.7%
Micromax$128.6M
Semiconductor Solutions$115.3M+31.8%

By segment

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Electronics$767.0M+74.6%
Specialties$210.9M+13.5%

FAQ

When did Element Solutions report Q2 2026 earnings?
Element Solutions (ESI) reported Q2 2026 earnings on July 27, 2026 after market close.
What were Element Solutions's Q2 2026 revenue and EPS?
Element Solutions reported revenue of $977.9M and adjusted eps of $0.47 for Q2 2026.
Did Element Solutions beat estimates in Q2 2026?
Revenue beat the consensus estimate of $873.2M by $104.7M. EPS beat the consensus estimate of $0.43 by $0.04.
How did Element Solutions's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 56.4% from $625.2M a year earlier.
Where can I find Element Solutions's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001590714-26-000063) and the 10-Q periodic report (0001590714-26-000065) directly on SEC EDGAR. The filing index links above go to sec.gov.