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Element Solutions ESI Circuitry Solutions — Net Sales

Other product segments

Assembly Solutions
$369M+67.0%
Industrial Solutions
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Micromax
$128.6M
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$115.3M+31.8%
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$23.1M+3.6%
EFC
$16.1M
Graphics Solutions
$0

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Other financials

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%
Free cash flow-$91.7M-711%

Valuation

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Market cap$9.48B+66.9%
Enterprise value$11.47B+69.4%
P/E53.1×+29.4×
P/S+0.7×

Profitability

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Gross margin38.4%-3.4pp
Operating margin12.6%-1.2pp
Net margin5.7%-4.0pp
FCF margin4.3%-6.6pp

Returns & leverage

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

Where this comes from

Reported directly by Element Solutions in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Element Solutions’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001590714-26-000065
(dollars in millions)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Net sales:
Electronics
Assembly Solutions$369.0$221.0$694.5$415.1
Circuitry Solutions154.1130.9299.7251.0
Micromax128.6193.4
Semiconductor Solutions115.387.5212.9167.6
Total Electronics767.0439.41,400.5833.7
Specialties

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Element Solutions's circuitry solutions — net sales?
Element Solutions (ESI) reported circuitry solutions — net sales of $154.1M in Q2 2026.
How has Element Solutions's circuitry solutions — net sales changed year-over-year?
Element Solutions's circuitry solutions — net sales increased by 17.7% year-over-year, from $130.9M to $154.1M.
What is the long-term trend for Element Solutions's circuitry solutions — net sales?
Over 4 years (2021 to 2025), Element Solutions's circuitry solutions — net sales has grown at a 3.8% compound annual growth rate (CAGR), from $455M to $527.8M.
What does circuitry solutions — net sales mean?
This metric represents the total revenue generated from the sale of chemical solutions and materials specifically designed for the electronics circuitry manufacturing process. It captures the financial performance of products used in the fabrication and assembly of printed circuit boards and related electronic components. This segment is a primary driver of the company's electronics-focused business strategy and reflects demand within the global electronics supply chain.

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