Solstice Advanced Materials Inc. (SOLS) — Financial statements
Income statement, balance sheet, and cash flow for Solstice Advanced Materials Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue & Gross Profit | |||||
| Revenue | 3,886↑3.1% | 3,770↑3.3% | 3,649↑1.7% | 3,587 | |
| Cost of Revenue | 2,636↑6.6% | 2,472↑4.5% | 2,366↑8.3% | 2,184 | |
| Gross Profit | 1,250↓3.7% | 1,298↑1.2% | 1,283↓8.6% | 1,403 | |
| Operating Expenses | |||||
| R&D Expenses | 97↑15.5% | 84↑3.7% | 81↑2.5% | 79 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 421↓7.3% | 454↑20.1% | 378↑5.9% | 357 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 518↓3.7% | 538↑17.2% | 459↑5.3% | 436 | |
| Total Costs & Expenses | 3,154↑4.8% | 3,010↑6.5% | 2,825↑7.8% | 2,620 | |
| Operating Results | |||||
| Operating Income | 732↓3.7% | 760↓7.8% | 824↓14.8% | 967 | |
| Depreciation & Amortization | 243↑12.0% | 217↓1.8% | 221↑44.4% | 153 | |
| EBITDA | 975↑0.9% | 966↓8.1% | 1,051↓5.9% | 1,117 | |
| EBIT | 732↓2.3% | 749↓9.8% | 830↓13.9% | 964 | |
| Interest & Other Income | |||||
| Net Interest Income | -28↑81.2% | -149↓831.3% | -16↑23.8% | -21 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 28↓81.2% | 149↑831.3% | 16↓23.8% | 21 | |
| Non-Operating Income | 0.00↓100.0% | 11↑283.3% | -6↓300.0% | 3 | |
| Other Income / Expenses | -85↑46.9% | -160↓1500.0% | -10↑58.3% | -24 | |
| Income Before Tax | 647↑7.8% | 600↓26.3% | 814↓13.7% | 943 | |
| Income Tax Expense | 362↑116.8% | 167↓14.4% | 195↓7.6% | 211 | |
| Net Income & EPS | |||||
| Net Income from Continuing Operations | 285↓34.2% | 433↓30.0% | 619↓15.4% | 732 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 237↓43.8% | 422↓32.0% | 621↓13.5% | 718 | |
| Bottom-Line Net Income | 237↓43.8% | 422↓32.0% | 621↓13.5% | 718 | |
| EPS (Basic) | 1.49↓44.0% | 2.66↓32.0% | 3.91↓13.5% | 4.52 | |
| EPS (Diluted) | 1.49↓44.0% | 2.66↓32.0% | 3.91↓13.5% | 4.52 | |
| Weighted Average Shares | 159↑0.2% | 159↑0.0% | 159↑0.0% | 159 | |
| Weighted Average Diluted Shares | 159↑0.1% | 159↑0.0% | 159↑0.0% | 159 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.