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Element Solutions ESI Micromax — Net Sales

Other product segments

Assembly Solutions
$369M+67.0%
Industrial Solutions
$171.7M+5.0%
Circuitry Solutions
$154.1M+17.7%
Semiconductor Solutions
$115.3M+31.8%
Energy Solutions
$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$9.34B+66.9%
Enterprise value$11.34B+69.4%
P/E52.3×+29.0×
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
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
Industrial Solutions171.7163.5337.7320.7

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Element Solutions's micromax — net sales?
Element Solutions (ESI) reported micromax — net sales of $128.6M in Q2 2026.
What does micromax — net sales mean?
This metric represents the total revenue generated from the Micromax product line, which provides specialized chemical solutions for the electronics industry. It reflects the company's ability to monetize high-performance materials used in the manufacturing of electronic components and assemblies. As a core segment, it serves as a primary indicator of demand for advanced electronics manufacturing consumables.

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