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Segments

By segment

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Electronics$93.7M+32.0%
Specialties$59M

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:SellingGeneralAndAdministrativeExpense.

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
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
Other (expense) income:

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Element Solutions's SG&A?
Element Solutions (ESI) reported SG&A of $200.8M in Q2 2026.
How has Element Solutions's SG&A changed year-over-year?
Element Solutions's SG&A increased by 28.8% year-over-year, from $155.9M to $200.8M.
What is the long-term trend for Element Solutions's SG&A?
Over 4 years (2021 to 2025), Element Solutions's SG&A has grown at a 2.0% compound annual growth rate (CAGR), from $611.2M to $660.7M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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