SOLS financial statements
The full income statement, balance sheet, and cash-flow statement for Solstice Advanced Materials Inc. Common Stock (SOLS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Revenue | 3.89B+3.1% | 3.77B+3.3% | 3.65B | |
| Cost of revenue | 2.64B+7.0% | 2.46B+4.1% | 2.37B | |
| Research & development | 97.0M+16.9% | 83.0M+2.5% | 81.0M | |
| Selling, general & administrative | 421M+7.4% | 392M+3.7% | 378M | |
| Amortization of intangibles | 4.00M+33.3% | 3.00M+0.0% | 3.00M | |
| Interest expense | 28.0M+115.4% | 13.0M-18.8% | 16.0M | |
| Other non-operating income | 60.0M+1100.0% | 5.00M-28.6% | 7.00M | |
| Pre-tax income | 647M-18.8% | 797M-2.1% | 814M | |
| Income tax | 362M+88.5% | 192M-1.5% | 195M | |
| 237M-60.1% | 594M-4.3% | 621M | ||
| Net income to non-controlling interest | 48.0M+336.4% | 11.0M+650.0% | -2.00M | |
| $1.49-60.2% | $3.74-4.3% | $3.91 | ||
| EPS (basic) | $1.49-60.2% | $3.74-4.3% | $3.91 | |
| Weighted-avg shares (basic) | 159M+0.0% | 159M+0.0% | 159M | |
| Weighted-avg shares (diluted) | 159M+0.1% | 159M+0.0% | 159M | |
| Dividends per share | $9.45 | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 2.39B+28.3% | 1.86B | — | ||
| Cash & equivalents | 534M-19.2% | 661M+9.1% | 606M | |
| Accounts receivable | 645M+13.4% | 569M | — | |
| Inventory | 715M+28.1% | 558M | — | |
| Other current assets | 193M+164.4% | 73.0M | — | |
| 5.67B+13.4% | 5.00B | — | ||
| Property, plant & equipment | 2.06B+17.7% | 1.75B | — | |
| Operating lease right-of-use | 89.0M-1.1% | 90.0M | — | |
| Goodwill | 820M+1.7% | 806M-1.0% | 814M | |
| Intangible assets | 49.0M+40.0% | 35.0M | — | |
| Deferred tax assets | 6.00M+100.0% | 3.00M | — | |
| Other non-current assets | 192M+35.2% | 142M | — | |
| 1.71B+58.2% | 1.08B | — | ||
| Accounts payable | 909M+16.8% | 778M | — | |
| Accrued liabilities | — | 283M | — | |
| Deferred revenue | 3.00M-50.0% | 6.00M | — | |
| Short-term & current debt | 4.00M | 0.00 | — | |
| Current lease liability | 18.0M-25.0% | 24.0M | — | |
| Finance lease liability (current) | 14.0M-36.4% | 22.0M | — | |
| 4.30B+135.8% | 1.82B | — | ||
| Long-term debt | 1.97B | 0.00 | — | |
| Deferred revenue (non-current) | 38.0M+15.2% | 33.0M | — | |
| Non-current lease liability | 69.0M+7.8% | 64.0M | — | |
| Operating lease liability (total) | 87.0M-1.1% | 88.0M | — | |
| Finance lease liability (total) | 118M+100.0% | 59.0M | — | |
| Finance lease liability | 104M+181.1% | 37.0M | — | |
| Deferred tax liabilities | 233M+30.2% | 179M | — | |
| Other non-current liabilities | 262M+13.9% | 230M | — | |
| 1.41B-56.7% | 3.26B+7.6% | 3.03B | ||
| Common stock | 2.00M | 0.00 | — | |
| Additional paid-in capital | 1.50B | 0.00 | — | |
| Retained earnings | 41.0M | 0.00 | — | |
| Accumulated other comprehensive income | -127M+40.4% | -213M | — | |
| Non-controlling interest | -34.0M+55.3% | -76.0M | — | |
| Total equity incl. non-controlling | 1.38B-56.7% | 3.18B+5.1% | 3.03B | |
| Total liabilities & equity | 5.67B+13.4% | 5.00B | — | |
| Common shares issued | 159M | — | — | |
| Common shares outstanding | 159M | — | — | |
| Shares outstanding (cover) | 159M | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 455M-46.0% | 842M+10.8% | 760M | ||
| Depreciation & amortization | 24.0M-38.5% | 39.0M-18.8% | 48.0M | |
| Intangible amortization | 4.00M+33.3% | 3.00M+0.0% | 3.00M | |
| Share-based compensation | 27.0M+58.8% | 17.0M-5.6% | 18.0M | |
| Deferred income taxes | -26.0M-333.3% | -6.00M+83.3% | -36.0M | |
| Change in receivables | 51.0M+227.5% | -40.0M-129.9% | 134M | |
| Change in inventory | 146M+812.5% | 16.0M-79.5% | 78.0M | |
| Change in payables | 77.0M+541.7% | 12.0M-84.6% | 78.0M | |
| -330M-10.7% | -298M+8.0% | -324M | ||
| Capital expenditure | 336M+13.5% | 296M-1.0% | 299M | |
| Free cash flow | 119M-78.2% | 546M+18.4% | 461M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 23.0M | 0.00-100.0% | 11.0M | |
| Other investing activities | 0.00-100.0% | 1.00M-66.7% | 3.00M | |
| -235M+48.1% | -453M-19.8% | -378M | ||
| Long-term debt issued | 2.00B | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 1.50B | 0.00 | 0.00 | |
| Net change in cash | -126M-329.1% | 55.0M-3.5% | 57.0M | |
| Income taxes paid | 50.0M+127.3% | 22.0M-8.3% | 24.0M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Market cap | 7.71B | — | — | |
| P/E | 32.5× | — | — | |
| P/S | 2.0× | — | — | |
| P/B | 5.5× | — | — | |
| P/FCF | 64.8× | — | — | |
| Earnings yield | 3.1% | — | — | |
| FCF yield | 1.5% | — | — | |
| Dividend yield | 19.5% | — | — | |
| Source filing | 10-K | 10-K | 10-K |
About this data
Source: SOLS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SOLS filings on SEC EDGAR → Not investment advice.