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Other financials

Income statement

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Revenue$977.9M+56.4%
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

Calculated from Element Solutions’s reported figures.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net sales$977.9$625.2$1,817.9$1,218.9
Cost of sales643.9358.81,161.2702.0
Gross profit334.0266.4656.7516.9
Operating expenses:
Selling, technical, general and administrative200.8155.9391.9313.1
Research and development19.516.239.732.1
Total operating expenses220.3172.1431.6345.2
Operating profit113.794.3225.1171.7

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Element Solutions's gross profit?
Element Solutions (ESI) reported gross profit of $334M in Q2 2026.
How has Element Solutions's gross profit changed year-over-year?
Element Solutions's gross profit increased by 25.4% year-over-year, from $266.4M to $334M.
What is the long-term trend for Element Solutions's gross profit?
Over 4 years (2021 to 2025), Element Solutions's gross profit has grown at a 2.7% compound annual growth rate (CAGR), from $960.8M to $1.07B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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