Speciality materials major Solstice Advanced Materials has reported robust fourth-quarter 2025 results, fuelled by double-digit growth in nuclear energy services, electronic materials, and refrigerants.

 

Net sales for Q4 hit $987 million, up 8% from the prior year, while full-year 2025 net sales reached $3.9 billion, a 3% increase over 2024. Despite higher costs, the company posted $41 million in fourth-quarter net income and $237 million for the full year. Adjusted Standalone EBITDA came in at $189 million for Q4 and $957 million for 2025, with respective margins of 19.1% and 24.6%.

 

"I'm pleased to report Solstice's strong fourth quarter results, with better-than-anticipated results reinforcing the value of our differentiated technology platform and product offerings," said David Sewell, President and Chief Executive Officer. 

 

"We are seeing continued momentum and demand in our businesses aligned with key secular growth trends, such as data centers, A.I., and nuclear energy, underscoring the significant opportunity for long-term growth in the attractive end markets we serve. 

 

"We are delivering on our commitment to invest in projects that will drive capacity, technology, and operating efficiency in these high-growth areas, including our announcement just yesterday regarding our efforts to expand our nuclear conversion business. In parallel, we remain focused on allocating capital with discipline, and we are pleased to begin returning capital to shareholders through a quarterly dividend announced today."

 

 

Refrigerants & Applied Solutions (RAS) led the charge with $710 million in Q4 sales, up 10% year-over-year. Refrigerants sales alone jumped 20%, and Nuclear (Alternative Energy Services) surged 39%. These gains offset declines in Healthcare Packaging (-25%) and Building Solutions & Intermediates (-5%). Segment Adjusted EBITDA fell 25% due to transitory costs, plant downtime, and the ongoing shift to low global warming potential refrigerants.

 

Electronic & Specialty Materials (ESM) posted $277 million in Q4 sales, a 4% increase, driven by a 19% boost in Electronic Materials demand. Declines in Safety & Defense Solutions (-10%) and Research & Performance Chemicals (-3%) weighed on overall profitability, with segment EBITDA down 11%.

 

Looking ahead, Solstice projects net sales of $3.9–$4.1 billion and adjusted EBITDA of $975–$1,025 million for full-year 2026. Adjusted diluted EPS is expected between $2.45–$2.75, with capital expenditures in the $400–$425 million range.

 

"As we move into 2026, we are confident in our ability to build on our track record of operational excellence and continue unleashing growth across the business," Sewell said. "We are well-positioned to deliver on our first quarter and full-year 2026 targets, and we will remain focused on driving shareholder value as we execute our strategy and position Solstice for continued long-term success."