Earnings summaries and quarterly performance for Solstice Advanced Materials.
Research analysts covering Solstice Advanced Materials.
Recent press releases and 8-K filings for SOLS.
Solstice Advanced Materials Breaks Ground on $200 Million Spokane Expansion
SOLS
New Projects/Investments
Hiring
- Solstice Advanced Materials (NASDAQ: SOLS) has broken ground on a $200 million investment to expand and modernize its electronic materials facility in Spokane Valley, Washington.
- This expansion is expected to double the current production capacity for sputtering targets by the end of 2029, reduce lead times by approximately 25%, and enable circular production for semiconductor materials.
- The project aims to strengthen Solstice's U.S. manufacturing footprint, support semiconductor innovation, and will add over 80 new positions.
- Approximately $80 million of the investment is anticipated to be spent with Washington-based suppliers, and the expansion is projected to reduce carbon dioxide emissions by over 300 metric tons per year.
Dec 2, 2025, 6:00 PM
Solstice Advanced Materials Inc. Reports Q3 2025 Results and Reaffirms Full-Year Guidance
SOLS
Earnings
Guidance Update
Debt Issuance
- Solstice Advanced Materials Inc. reported Net Sales of $969 million for the third quarter of 2025, representing a 7% increase compared to the prior-year period.
- The company recorded a Net Loss attributable to Solstice Advanced Materials of $35 million for Q3 2025, which includes the impact of costs related to its spin-off from Honeywell.
- Adjusted Standalone EBITDA (estimate) for Q3 2025 was $235 million, with an Adjusted Standalone EBITDA Margin (estimate) of 24.3%.
- Solstice reaffirmed its Full-Year 2025 Guidance, expecting Net Sales between $3.75 billion and $3.85 billion and an approximate 25% Adjusted Standalone EBITDA Margin (estimate).
- Following the spin-off, the company's Total Long-Term Debt was $2.0 billion, with Cash and Cash Equivalents of approximately $450 million, leading to an estimated Net Leverage ratio of approximately 1.5x as of October 30, 2025.
Nov 6, 2025, 11:02 AM
Solstice Advanced Materials Reports Third Quarter 2025 Results
SOLS
Earnings
Guidance Update
Debt Issuance
- Solstice Advanced Materials reported Net Sales of $969 million for the third quarter of 2025, marking a 7% year-over-year increase.
- The company posted a Net Loss attributable to Solstice Advanced Materials of $35 million in Q3 2025, which includes costs related to its spin-off from Honeywell.
- Adjusted Standalone EBITDA (estimate) for Q3 2025 was $235 million, with an Adjusted Standalone EBITDA Margin (estimate) of 24.3%.
- Solstice Advanced Materials reaffirmed its Full-Year 2025 Guidance, expecting Net Sales of $3.75-$3.85 billion and an approximate 25% Adjusted Standalone EBITDA Margin.
- Following the spin-off, the company's Total Long-Term Debt was $2.0 billion, Cash and Cash Equivalents were approximately $450 million, and the estimated Net Leverage ratio was approximately 1.5x.
Nov 6, 2025, 11:00 AM
Solstice Advanced Materials Completes Spin-Off from Honeywell and Begins Nasdaq Trading
SOLS
Debt Issuance
M&A
- Solstice Advanced Materials Inc. (NASDAQ: SOLS) completed its spin-off from Honeywell and commenced trading as an independent public company on the Nasdaq Stock Market on October 30, 2025.
- Honeywell shareowners of record as of October 17, 2025, received one share of Solstice common stock for every four shares of Honeywell common stock held.
- In connection with the spin-off, Solstice incurred $1.0 billion in a Term Loan Facility, $1.0 billion in a Revolving Credit Facility, and issued $1.0 billion in 5.625% Senior Notes due 2033. The net proceeds from these financings were used to make a $1.5 billion distribution to Honeywell and cover associated fees and expenses.
- Solstice launches with approximately 4,000 employees, 24 manufacturing sites, and four R&D centers, serving over 3,000 customers across 120 countries.
Oct 30, 2025, 11:07 AM
Solstice Advanced Materials Inc. Spin-Off Details Announced
SOLS
M&A
Debt Issuance
- Honeywell announced its intention to spin off its Advanced Materials business as Solstice Advanced Materials Inc. ("Solstice") on October 8, 2024.
- The distribution of Solstice shares is expected on October 30, 2025, with a record date of October 17, 2025.
- Honeywell shareowners will receive one share of Solstice common stock for every four shares of Honeywell common stock held on the record date, and the spin-off is anticipated to be tax-free for U.S. federal income tax purposes for Honeywell shareowners.
- Solstice will be an independent, global advanced materials company specializing in refrigerants, semiconductor materials, protective fibers, and healthcare packaging. Following the spin-off, Solstice anticipates a cash balance of approximately $450 million and expects to incur $2.0 billion in indebtedness.
Oct 17, 2025, 11:59 AM
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