Solstice Advanced Materials Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $3.89B | $3.77B | $3.65B |
| Cost of Revenue | $2.64B | $2.46B | $2.37B |
| Gross Profit | $1.25B | $1.31B | $1.28B |
| Gross Margin | 32.2% | 34.6% | 35.2% |
| Operating Expenses | |||
| Research & Development | $97.0M | $83.0M | $81.0M |
| SG&A Expense | $421.0M | $392.0M | $378.0M |
| Operating Income | $647.0M | $797.0M | $814.0M |
| Operating Margin | 16.6% | 21.1% | 22.3% |
| Interest Expense | — | — | — |
| Pretax Income | $647.0M | $797.0M | $814.0M |
| Income Tax Expense | $362.0M | $192.0M | $195.0M |
| Net Income | $237.0M | $594.0M | $621.0M |
| Net Margin | 6.1% | 15.8% | 17.0% |
| EPS (Basic) | $1.49 | $3.74 | $3.91 |
| EPS (Diluted) | $1.49 | $3.74 | $3.91 |
| Shares Outstanding (Basic) | 158.7M | 158.7M | 158.7M |
| Shares Outstanding (Diluted) | 158.9M | 158.7M | 158.7M |
| Dividends Per Share | — | — | — |