Solstice Advanced Materials Inc.
NASDAQ:SOLS · NASDAQ Global Select
+$1.58 today
Vol 2.76M · Avg 2.38M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:SOLS · Revenue to Net Income
Key Ratios
Analysis
$4.0B of revenue converted into $107.0M of net income for the selected period. Gross margin is 31.1% and net margin is 2.7%, showing how much revenue survives after costs and taxes. EPS is $1.30, tying the income statement back to per-share earnings.
Income Statement
Annual data · 4 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.9B +3.1% | $3.8B +3.3% | $3.6B +1.7% | $3.6B | $1.0B | $809.6M | $921.6M |
| Cost of Revenue | $2.6B +6.6% | $2.5B +4.5% | $2.4B +8.3% | $2.2B | $344.8M | $725.6M | $804.0M |
| Gross Profit | $1.3B -3.7% | $1.3B +1.2% | $1.3B -8.6% | $1.4B | $10.3B | $8.9B | $7.6B |
| Gross Margin | 32.2% -2.3pp | 34.4% -0.7pp | 35.2% -4.0pp | 39.1% | 45.5% | 9.8% | 28.9% |
| Research & Development | $97.0M +15.5% | $84.0M +3.7% | $81.0M +2.5% | $79.0M | $378.4M | $983.2M | $1.3B |
| Selling, General & Admin | $421.0M -7.3% | $454.0M +20.1% | $378.0M +5.9% | $357.0M | $1.4B | $620.6M | $923.0M |
| Operating Expenses | $518.0M -3.7% | $538.0M +17.2% | $459.0M +5.3% | $436.0M | $3.6B | $5.3B | $7.0B |
| Depreciation & Amortization | $243.0M +12.0% | $217.0M -1.8% | $221.0M +44.4% | $153.0M | $1.2B | $374.2M | $1.2B |
| EBITDA | $918.0M -5.0% | $966.0M -8.1% | $1.1B -5.9% | $1.1B | $12.6B | -$15.2B | $6.8B |
| EBITDA Margin | 23.6% -2.0pp | 25.6% -3.2pp | 28.8% -2.3pp | 31.1% | 10.0% | 5.6% | 46.3% |
| Operating Income | $732.0M -3.7% | $760.0M -7.8% | $824.0M -14.8% | $967.0M | $10.6B | $12.3B | $14.0B |
| Operating Margin | 18.8% -1.3pp | 20.2% -2.4pp | 22.6% -4.4pp | 27.0% | 18.7% | 16.6% | 24.1% |
| Interest Income | $0 | $0 | $0 | $0 | $1.3B | -$1.5B | -$1.6B |
| Interest Expense | $28.0M -81.2% | $149.0M +831.3% | $16.0M -23.8% | $21.0M | $969.2M | $1.1B | $1.0B |
| Other Income / Expenses | -$85.0M +46.9% | -$160.0M -1500.0% | -$10.0M +58.3% | -$24.0M | -$1.6B | -$1.5B | $1.4B |
| Income Before Tax | $647.0M +7.8% | $600.0M -26.3% | $814.0M -13.7% | $943.0M | -$15.6B | $3.3B | $4.9B |
| Pre-Tax Margin | 16.6% +0.7pp | 15.9% -6.4pp | 22.3% -4.0pp | 26.3% | 13.3% | 20.8% | 18.7% |
| Income Tax Expense | $362.0M +116.8% | $167.0M -14.4% | $195.0M -7.6% | $211.0M | $666.8M | $1.3B | -$1.6B |
| Net Income | $237.0M -43.8% | $422.0M -32.0% | $621.0M -13.5% | $718.0M | $5.0B | $4.9B | $4.8B |
| Net Margin | 6.1% -5.1pp | 11.2% -5.8pp | 17.0% -3.0pp | 20.0% | 7.4% | 12.4% | 17.5% |
| EPS (Basic) | $1 -44.0% | $3 -32.0% | $4 -13.5% | $5 | $1.2B | $400.8M | $703.2M |
| EPS (Diluted) | $1 -44.0% | $3 -32.0% | $4 -13.5% | $5 | $620.6M | $766.2M | $609.4M |
| Weighted Avg Shares | $159.1M +0.2% | $158.7M +0.0% | $158.7M +0.0% | $158.7M | $892.2M | $757.8M | $925.8M |
| Weighted Avg Shares (Diluted) | $158.9M +0.1% | $158.7M +0.0% | $158.7M +0.0% | $158.7M | $319.6M | $1.2B | $924.4M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

FirstCash Holdings, Inc
NASDAQ:FCFS
$9.83B

Affiliated Managers Group, Inc.
NYSE:AMG
$9.39B

Voya Financial, Inc.
NYSE:VOYA
$8.21B

Commerce Bancshares, Inc.
NASDAQ:CBSH
$7.98B

Janus Henderson Group plc
NYSE:JHG
$7.97B

StepStone Group Inc.
NASDAQ:STEP
$5.78B
Blue Owl Technology Finance Corp.
NYSE:OTF
$4.98B

Hamilton Lane Incorporated
NASDAQ:HLNE
$4.52B
Atlas Corp.
ATCO
$4.45B

Prospect Capital Corporation
NASDAQ:PSEC
$1.10B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does SOLS generate?
Solstice Advanced Materials Inc. (SOLS) reported $3.89B of revenue in fiscal 2025.
Is SOLS profitable?
Solstice Advanced Materials Inc. (SOLS) reported $237.00M of net income, with a net margin of 6.1%.
Explore More
Continue the stock analysis
Jump to another research area for this company.