For the quarter ending 2026-03-31, SOLS had $108M increase in cash & cash equivalents over the period. $124M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Depreciation-Refrigerants Applied Solutions | 39 | - | - |
| Depreciation-Electronic Specialty Materials | 14 | - | - |
| Amortization-Refrigerants Applied Solutions | 4 | - | - |
| Amortization-Electronic Specialty Materials | 0 | - | - |
| Refrigerants Applied Solutions | 242 | - | - |
| Electronic Specialty Materials | 58 | - | - |
| Refrigerants Applied Solutions | 242 | - | - |
| Electronic Specialty Materials | 58 | - | - |
| Segment adjusted ebitda-Operating Segments | 301 | - | 943 |
| Segment adjusted ebitda-Corporate Non Segment | -52 | - | -132 |
| Adjusted ebitda | - | 1,000 | - |
| Depreciation | 53 | 40 | 151 |
| Amortization | 6 | 14 | 15 |
| Interest and other financial charges | 29 | 23 | 5 |
| Other adjustments | -2 | -8 | -30 |
| Stock-based compensation expense | 5 | 8 | 19 |
| Transaction-related costs | 23 | 27 | 90 |
| Income tax expense | 31 | 32 | 330 |
| Net income | 105 | 54 | 231 |
| Depreciation | 53 | 40 | 151 |
| Amortization | 6 | 14 | 15 |
| Equity income of affiliated companies | 4 | 4 | 15 |
| Gain on sale of fixed assets | 0 | 0 | 15 |
| Stock-based compensation expense | 5 | 8 | 19 |
| Accrued interest on long-term debt | - | 24 | - |
| Deferred income taxes | - | 58 | -6 |
| Other non-cash adjustments | 1 | - | -1 |
| Accounts receivable | 10 | 5 | 46 |
| Inventories | -8 | -4 | 150 |
| Other current assets | - | - | 24 |
| Other assets | -16 | 117 | - |
| Accounts payable | -6 | -5 | 82 |
| Accrued liabilities, current | - | 76 | 26 |
| Accrued and other liabilities, current | 25 | - | - |
| Deferred income and customer advances | - | 0 | 2 |
| Deferred income taxes | -4 | - | - |
| Other changes in assets and liabilities | - | - | -18 |
| Other liabilities | - | 15 | - |
| Other liabilities, noncurrent | -3 | - | - |
| Net cash provided by operating activities | 199 | 166 | 289 |
| Capital expenditures paid | 75 | 88 | 248 |
| Cash paid for long-life catalysts and deferred maintenance | - | 1 | 1 |
| Purchase of intangible assets | - | 16 | - |
| Proceeds from disposals of property, plant, and equipment | 0 | 0 | 23 |
| Issuance of long-term debt | - | 2,000 | - |
| Other | - | -2 | 2 |
| Capitalized software | 1 | - | - |
| Payment of deferred financing costs | - | 38 | - |
| Net cash used for investing activities | -77 | -102 | -228 |
| Dividends | 12 | 1,500 | - |
| Finance lease payments | 3 | -5 | 18 |
| Net transfers to parent | 0 | -374 | -310 |
| Net cash used for financing activities | -15 | 93 | -328 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 1 | -38 | 23 |
| Net increase in cash and cash equivalents | 108 | 118 | -244 |
| Statement table | - | 0 | - |
| Cash and cash equivalents at beginning of period | 534 | 417 | 661 |
| Cash and cash equivalents at end of period | 642 | 534 | 417 |
Solstice Advanced Materials Inc. (SOLS)
Solstice Advanced Materials Inc. (SOLS)