Overview
- Solstice projected 2026 net sales of $3.9–$4.1 billion, adjusted EPS of $2.45–$2.75 versus the $2.93 LSEG consensus, and adjusted EBITDA of $975–$1,025 million with capital spending of $400–$425 million.
- The board initiated a quarterly dividend of $0.075 per share, payable March 10, 2026 to shareholders of record on February 24.
- Fourth‑quarter 2025 net sales rose 8% to $987 million, while adjusted EBITDA fell nearly 20% to $189 million with a 19.1% margin due to the refrigerant shift, separation costs and planned downtime.
- Management cited double‑digit Q4 growth in nuclear, electronic materials and refrigerant products tied to AI‑driven data centers and advanced computing, and detailed capacity expansions in sputtering targets and nuclear conversion, including Metropolis Works.
- A disclosed product loan return is set to trim roughly $30 million from 2026 revenue (about $10 million EBITDA), and the stock touched an intraday record before closing up about 17%.