SOLS on Nasdaq
Solstice Advanced Materials Inc.
American chemicals and allied products company, incorporated in Delaware.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with FMC Corporation, Huntsman Corporation or Chemours, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Product brought in 92% of the revenue Solstice Advanced Materials Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Product | $3.4B | $3.5B | $3.6B |
| Service | $225.0M | $317.0M | $299.0M |
Business segments
Refrigerants & Applied Solutions brought in 72% of the revenue Solstice Advanced Materials Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Refrigerants & Applied Solutions | $2.6B | $2.7B | $2.8B |
| Electronic & Specialty Materials | $1.0B | $1.0B | $1.1B |
Regions
United States brought in 57% of the revenue Solstice Advanced Materials Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $2.2B | $2.3B | $2.2B |
| EMEA | $859.0M | $886.0M | $922.0M |
| Other International | $585.0M | $599.0M | $730.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue68¢$2.6B
- Research and development2¢$97.0M
- Selling, general and admin11¢$421.0M
- Other costs3¢$133.0M
- Income tax9¢$362.0M
- Profit6¢$237.0M
Out of $3.9B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending18¢$336.0M
- Dividends paid82¢$1.5B
Out of $455.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $3.9B | $3.8B | $3.6B |
| Research and development expenses | $97.0M | $83.0M | $81.0M |
| Selling, general and administrative expenses | $421.0M | $392.0M | $378.0M |
| Transaction-related costs | $117.0M | $26.0M | $1.0M |
| Other expense (income) | -$60.0M | -$5.0M | -$7.0M |
| Interest and other financial charges | $28.0M | $13.0M | $16.0M |
| Total costs, expenses and other | $3.2B | $3.0B | $2.8B |
| Income before taxes | $647.0M | $797.0M | $814.0M |
| Income tax expense | $362.0M | $192.0M | $195.0M |
| Net income | $285.0M | $605.0M | $619.0M |
| Less: Net income (loss) attributable to noncontrolling interest | $48.0M | $11.0M | -$2.0M |
| Net income attributable to Solstice Advanced Materials | $237.0M | $594.0M | $621.0M |
| Basic earnings per share (in usd per share) | $1.49 | $3.74 | $3.91 |
| Diluted earnings per share (in usd per share) | $1.49 | $3.74 | $3.91 |
| Weighted average number of common shares outstanding - basic (in shares) | 158.7M shares | 158.7M shares | 158.7M shares |
| Weighted average number of common shares outstanding - diluted (in shares) | 158.9M shares | 158.7M shares | 158.7M shares |
| Total cost of products and services sold | $2.6B | $2.5B | $2.4B |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2025-10-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $534.0M | $661.0M | |||
| Accounts receivable, less allowances | $645.0M | $569.0M | |||
| Inventories | $715.0M | $558.0M | |||
| Other current assets | $193.0M | $73.0M | |||
| Total current assets | $2.4B | $1.9B | |||
| Property, plant and equipment net | $2.1B | $1.7B | |||
| Goodwill | $820.0M | $806.0M | $814.0M | ||
| Intangible assets net | $49.0M | $35.0M | |||
| Deferred income taxes | $6.0M | $3.0M | |||
| Product loans receivable | $0 | $264.0M | |||
| Equity method investments | $162.0M | $146.0M | |||
| Noncurrent assets | $192.0M | $142.0M | |||
| Total assets | $5.7B | $5.0B | |||
| Accounts payable | $909.0M | $778.0M | |||
| Current portion of long-term debt | $4.0M | $0 | |||
| Product loans payable, current | $320.0M | $0 | |||
| Finance lease liabilities, current | $14.0M | $22.0M | |||
| Total current liabilities | $1.7B | $1.1B | |||
| Long-term debt | $2.0B | $0 | |||
| Deferred income taxes | $233.0M | $179.0M | |||
| Product loans payable, noncurrent | $16.0M | $293.0M | |||
| Finance lease liabilities, noncurrent | $104.0M | $37.0M | |||
| Other noncurrent liabilities | $262.0M | $230.0M | |||
| Total liabilities | $4.3B | $1.8B | |||
| Common stock (par value $0.01 per share; 500,000,000 shares authorized; 158,747,196 shares issued and outstanding at December 31, 2025; 0 shares issued and outstanding at December 31, 2024) | $2.0M | $0 | |||
| Additional paid-in capital | $1.5B | $0 | |||
| Net Parent investment | $0 | $3.5B | |||
| Accumulated other comprehensive loss | -$127.0M | -$213.0M | |||
| Retained earnings | $41.0M | $0 | |||
| Total Solstice Advanced Materials stockholders equity | $1.4B | $3.3B | |||
| Noncontrolling interest | -$34.0M | -$76.0M | |||
| Total equity | $1.4B | $3.2B | $3.0B | $2.7B | |
| Total liabilities and equity | $5.7B | $5.0B | |||
| Allowance for credit loss | $10.0M | $7.0M | |||
| Common stock, par value (in usd per share) | $0.01 | ||||
| Common stock, shares authorized (in shares) | 500.0M shares | ||||
| Shares issued (in shares) | 158.7M shares | 158.7M shares | 0 shares | ||
| Shares outstanding (in shares) | 158.7M shares | 158.7M shares | 0 shares | ||
| Product loans receivable, current | $300.0M | $0 | |||
| Accrued and other current liabilities | $467.0M | $283.0M |
| Period ending | 2025-12-31 | 2025-10-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $534.0M | $661.0M | |||
| Accounts receivable, less allowances | $645.0M | $569.0M | |||
| Inventories | $715.0M | $558.0M | |||
| Other current assets | $193.0M | $73.0M | |||
| Total current assets | $2.4B | $1.9B | |||
| Property, plant and equipment net | $2.1B | $1.7B | |||
| Goodwill | $820.0M | $806.0M | $814.0M | ||
| Intangible assets net | $49.0M | $35.0M | |||
| Deferred income taxes | $6.0M | $3.0M | |||
| Product loans receivable | $0 | $264.0M | |||
| Equity method investments | $162.0M | $146.0M | |||
| Noncurrent assets | $192.0M | $142.0M | |||
| Total assets | $5.7B | $5.0B | |||
| Accounts payable | $909.0M | $778.0M | |||
| Current portion of long-term debt | $4.0M | $0 | |||
| Product loans payable, current | $320.0M | $0 | |||
| Finance lease liabilities, current | $14.0M | $22.0M | |||
| Total current liabilities | $1.7B | $1.1B | |||
| Long-term debt | $2.0B | $0 | |||
| Deferred income taxes | $233.0M | $179.0M | |||
| Product loans payable, noncurrent | $16.0M | $293.0M | |||
| Finance lease liabilities, noncurrent | $104.0M | $37.0M | |||
| Other noncurrent liabilities | $262.0M | $230.0M | |||
| Total liabilities | $4.3B | $1.8B | |||
| Common stock (par value $0.01 per share; 500,000,000 shares authorized; 158,747,196 shares issued and outstanding at December 31, 2025; 0 shares issued and outstanding at December 31, 2024) | $2.0M | $0 | |||
| Additional paid-in capital | $1.5B | $0 | |||
| Net Parent investment | $0 | $3.5B | |||
| Accumulated other comprehensive loss | -$127.0M | -$213.0M | |||
| Retained earnings | $41.0M | $0 | |||
| Total Solstice Advanced Materials stockholders equity | $1.4B | $3.3B | |||
| Noncontrolling interest | -$34.0M | -$76.0M | |||
| Total equity | $1.4B | $3.2B | $3.0B | $2.7B | |
| Total liabilities and equity | $5.7B | $5.0B | |||
| Allowance for credit loss | $10.0M | $7.0M | |||
| Common stock, par value (in usd per share) | $0.01 | ||||
| Common stock, shares authorized (in shares) | 500.0M shares | ||||
| Shares issued (in shares) | 158.7M shares | 158.7M shares | 0 shares | ||
| Shares outstanding (in shares) | 158.7M shares | 158.7M shares | 0 shares | ||
| Product loans receivable, current | $300.0M | $0 | |||
| Accrued and other current liabilities | $467.0M | $283.0M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $285.0M | $605.0M | $619.0M |
| Depreciation | $191.0M | $175.0M | $170.0M |
| Amortization | $29.0M | $42.0M | $51.0M |
| Equity income of affiliated companies | -$19.0M | -$19.0M | -$17.0M |
| Gain on sale of fixed assets | -$15.0M | $0 | -$9.0M |
| Stock compensation expense | $27.0M | $17.0M | $18.0M |
| Accrued interest on long-term debt | $24.0M | $0 | $0 |
| Deferred income taxes | $52.0M | -$6.0M | -$36.0M |
| Accounts receivable | -$51.0M | $40.0M | -$134.0M |
| Inventories | -$146.0M | -$16.0M | -$78.0M |
| Other assets | -$117.0M | -$3.0M | -$14.0M |
| Accounts payable | $77.0M | $12.0M | $78.0M |
| Deferred income and customer advances | $2.0M | -$20.0M | $53.0M |
| Other liabilities | $15.0M | -$29.0M | $29.0M |
| Net cash provided by operating activities | $455.0M | $842.0M | $760.0M |
| Capital expenditures paid | -$336.0M | -$296.0M | -$299.0M |
| Cash paid for long-life catalysts and deferred maintenance | -$2.0M | -$1.0M | -$33.0M |
| Purchase of intangible assets | -$16.0M | $0 | $0 |
| Proceeds from disposals of property, plant, and equipment | $23.0M | $0 | $11.0M |
| Other | $0 | -$1.0M | -$3.0M |
| Net cash used for investing activities | -$330.0M | -$298.0M | -$324.0M |
| Net transfers to Parent | -$684.0M | -$414.0M | -$345.0M |
| Issuance of long-term debt | $2.0B | $0 | $0 |
| Payment of deferred financing costs | -$38.0M | $0 | $0 |
| Dividend to parent | -$1.5B | $0 | $0 |
| Finance lease payments | -$13.0M | -$39.0M | -$33.0M |
| Net cash used for financing activities | -$235.0M | -$453.0M | -$378.0M |
| Effect of foreign exchange rate changes on cash and cash equivalents | -$15.0M | -$36.0M | -$1.0M |
| Net (decrease) increase in cash and cash equivalents | -$126.0M | $55.0M | $57.0M |
| Income taxes paid, net of refunds | $50.0M | $22.0M | $24.0M |
| Interest paid on finance leases | $4.0M | $10.0M | $17.0M |
| Accrued liabilities, current | $102.0M | $44.0M | $30.0M |
No quarter-by-quarter statement was filed.
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Leadership
Who has led Solstice Advanced Materials Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerDavid B. Sewell Nov 3, 2025 to now6
- PresidentJake Wasserman Sep 30, 2025 to Nov 3, 20257
- PresidentDavid B. Sewell Nov 3, 2025 to now6
- Chief financial officerTina Pierce Nov 3, 2025 to now8
Board members and other officers (17)
- TreasurerThilo Huber Sep 30, 2025 to now9
- SVP, Gen. Counsel and Corp SecBrian Scott Rudick Nov 3, 2025 to now10
- SVP and Chief HR OfficerJason Michael Clifford Nov 3, 2025 to now11
- SVP, Ref. and App. SolutionsJeffrey Harrison Dormo Nov 3, 2025 to now12
- Chief Accounting OfficerJohn S. Barresi Nov 3, 2025 to now13
- SVP, Elec & Spec MaterialsSimon Mawson Nov 3, 2025 to now14
- Board memberJake Wasserman Sep 30, 2025 to now7
- Board memberBrian Worrell Oct 30, 2025 to now15
- Board memberDavid B. Sewell Nov 3, 2025 to now6
- Board memberFiona Laird Nov 3, 2025 to now16
- Board memberMatthew L. Trerotola Nov 3, 2025 to now17
- Board memberPat Ward Nov 3, 2025 to now18
- Board memberPeter D. Gibbons Nov 3, 2025 to now19
- Board memberRajeev Gautam Nov 3, 2025 to now20
- Board memberRose Lee Nov 3, 2025 to now21
- Board memberSivasankaran Somasundaram Nov 3, 2025 to now22
- Board memberWilliam F. Oplinger Nov 3, 2025 to now23
Former names
- Solstice Advanced Materials, LLCMay 1, 2025 to Aug 21, 20252
Timeline
- Nov 3, 2025New chief executive David B. Sewell becomes CEO6
Filings
175 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 17 major events, 116 insider forms, 8 large holders, 30 other. The latest 20:
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Aug 27, 20268-K EDGAR
- Aug 11, 2026425 EDGAR
- Aug 4, 20264 EDGAR
- Aug 3, 20264 EDGAR
The 175 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 8 such filings since October 2021:
- Jul 30, 2026SCHEDULE 13G/A
- Apr 30, 2026SCHEDULE 13G
- Apr 29, 2026SCHEDULE 13G
- Apr 29, 2026SCHEDULE 13G/A
- Mar 27, 2026SCHEDULE 13G/A
- Jan 30, 2026SCHEDULE 13G/A
- Jan 8, 2026SCHEDULE 13G
- Nov 5, 2025SCHEDULE 13G
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 15,931,864 | $1.4B | 0.0% | +955,263 |
| Vanguard Portfolio Management LLC | 7,942,655 | $703.7M | 0.0% | +14,261 |
| Vanguard Capital Management LLC | 7,173,963 | $635.6M | 0.0% | +47,450 |
| State Street Corp | 5,063,616 | $448.6M | 0.0% | +93,731 |
| Two Sigma Investments, LP | 3,355,801 | $297.3M | 0.2% | +905,732 |
| Geode Capital Management, LLC | 3,291,746 | $291.7M | 0.0% | +870,370 |
| Goldman Sachs Group Inc | 2,880,302 | $255.2M | 0.0% | +234,065 |
| Morgan Stanley | 2,831,377 | $250.9M | 0.0% | +274,730 |
| Castle Hook Partners LP | 2,226,617 | $197.3M | 2.1% | No change |
| UBS Group AG | 2,211,844 | $196.0M | 0.0% | −459,740 |
| Norges Bank | 2,199,433 | $194.9M | 0.0% | New |
| Xn LP | 2,158,232 | $191.2M | 5.0% | −507,036 |
| Jane Street Group, LLC | 2,147,614 | $190.3M | 0.1% | −888,554 |
| Fmr LLC | 1,806,205 | $160.0M | 0.0% | −696,430 |
| Bank Of America Corp /de/ | 1,733,804 | $153.6M | 0.0% | +278,749 |
| Marshall Wace, Llp | 1,668,684 | $147.8M | 0.1% | +334,490 |
| Charles Schwab Investment Management Inc | 1,666,024 | $147.6M | 0.0% | +90,053 |
| Raymond James Financial Inc | 1,563,715 | $138.5M | 0.0% | +573,310 |
| Bnp Paribas Financial Markets | 1,553,563 | $137.6M | 0.1% | +626,749 |
| Dimensional Fund Advisors LP | 1,532,591 | $135.7M | 0.0% | −277,569 |
| Aqr Capital Management LLC | 1,539,974 | $133.6M | 0.0% | +832,477 |
| Northern Trust Corp | 1,457,954 | $129.2M | 0.0% | +20,766 |
| Arrowstreet Capital, Limited Partnership | 1,162,932 | $103.0M | 0.0% | −204,192 |
| Qube Research & Technologies Ltd | 1,136,983 | $100.7M | 0.1% | +316,808 |
| Jacobs Levy Equity Management, Inc | 1,045,370 | $92.6M | 0.3% | +856,987 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
7 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Aug 11, 2026 | Kelly MorrisonDemocratic, House | Sale | $1,001 - $15,000 | +2.1% | Report |
| Aug 5, 2026 | Kevin HernRepublican, House | Sale | $1,001 - $15,000 | +4.4% | Report |
| Mar 24, 2026 | Alan ArmstrongRepublican, Senate | Sale | $1,001 - $15,000 | +35.1% | Report |
| Nov 24, 2025 | Debbie DingellDemocratic, House | Sale | $1,001 - $15,000 | −16.4% | Report |
| Oct 30, 2025 | Debbie DingellDemocratic, House | Exchange | $1,001 - $15,000 | Report | |
| Oct 30, 2025 | Debbie DingellDemocratic, House | Exchange | $1,001 - $15,000 | Report | |
| Oct 30, 2025 | Debbie DingellDemocratic, House | Exchange | $1,001 - $15,000 | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7SEC EDGARJake Wasserman, President
- 8SEC EDGARTina Pierce, Chief financial officer
- 9SEC EDGARThilo Huber, Treasurer
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARBrian Worrell, Board member
- 16SEC EDGARFiona Laird, Board member
- 17SEC EDGARMatthew L. Trerotola, Board member
- 18SEC EDGARPat Ward, Board member
- 19SEC EDGARPeter D. Gibbons, Board member
- 20SEC EDGARRajeev Gautam, Board member
- 21SEC EDGARRose Lee, Board member
- 22
- 23SEC EDGARWilliam F. Oplinger, Board member