Chemours Posts Strong Q4 Cash Flow, Sets 2026 Outlook as Opteon Sales Surge

Overview

• Thermal & Specialized Solutions delivered record sales, with Opteon revenue up 37% year over year in Q4 and segment margins around 32%.
• Fourth-quarter free cash flow reached $92 million, aided by inventory reductions and non-cash charges that helped cash generation but left results just below the low end of the earnings range.
• Management flagged a first-quarter disruption at the Washington Works site that is expected to reduce Advanced Performance Materials sales by about $20–25 million, with net sales guided down in the high teens.
• Titanium Technologies faces timing and mining effects, with mineral sales down roughly 60% sequentially and Q1 EBITDA guided to about breakeven to negative $5 million.
• For 2026, Chemours guided to 3–5% net sales growth, $800–900 million in adjusted EBITDA, free cash flow conversion above 25%, and plans to apply roughly $300 million from the Kuan Yin land sale toward debt reduction to reach leverage targets.