Solstice Advanced Materials Inc. (SOLS) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.1B	3.9B	3.8B	3.6B	3.6B
Cost of Revenue	2.8B	2.6B	2.5B	2.4B	2.2B
Gross Profit	1.3B	1.3B	1.3B	1.3B	1.4B
Operating Expenses
R&D Expense	106.0M	97.0M	84.0M	81.0M	79.0M
SG&A Expense	455.0M	421.0M	454.0M	378.0M	357.0M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	1.0M	—	—	—	—
Total Operating Expenses	562.0M	518.0M	538.0M	459.0M	436.0M
Cost and Expenses	3.4B	3.2B	3.0B	2.8B	2.6B
Operating Income (EBIT)	692.0M	732.0M	760.0M	824.0M	967.0M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	77.0M	28.0M	149.0M	16.0M	21.0M
Net Interest Income	(77.0M)	(28.0M)	(149.0M)	(16.0M)	(21.0M)
Other Non-Op Income/Expense	(121.0M)	(85.0M)	(160.0M)	(10.0M)	(24.0M)
Non-Operating Income (excl Interest)	21.0M	57.0M	11.0M	(6.0M)	3.0M
EBT (Pre-Tax Income)	571.0M	647.0M	600.0M	814.0M	943.0M
Income Tax Expense	287.0M	362.0M	167.0M	195.0M	211.0M
Bottom Line
Net Income	210.0M	237.0M	422.0M	621.0M	718.0M
Earnings from Cont. Ops	284.0M	285.0M	433.0M	619.0M	732.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	210.0M	237.0M	422.0M	621.0M	718.0M
Per Share
Basic EPS	$1.33	$1.49	$2.66	$3.91	$4.52
Diluted EPS	$1.32	$1.49	$2.66	$3.91	$4.52
Revenue Per Share	$25.79	$24.46	$23.75	$22.99	$22.60
Shares
Basic Shares Outstanding	158.8M	158.9M	158.7M	158.7M	158.7M
Diluted Shares Outstanding	159.3M	158.9M	158.7M	158.7M	158.7M
Profitability Metrics
EBITDA	891.0M	918.0M	966.0M	1.1B	1.1B
D&A	220.0M	243.0M	217.0M	221.0M	153.0M
EBIT	671.0M	675.0M	749.0M	830.0M	964.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026