Huntsman reported second-quarter 2026 results with revenue of $1,663 million and adjusted EBITDA of $120 million. The company recorded a net loss attributable to Huntsman of $6 million (diluted loss per share $0.03) and reported adjusted net income of nil for the quarter. Management highlighted volume gains across segments, pricing actions to offset raw material cost increases, and progress on the announced merger of equals with Olin.

Financial Highlights

  • Revenue: $1,663 million for the three months ended June 30, 2026 (versus $1,458 million in Q2 2025).
  • Gross profit: $245 million for Q2 2026 (gross profit reported in Table 1).
  • Operating income: $37 million for Q2 2026 (operating income reported in Table 1).
  • Net loss attributable to Huntsman: $6 million for Q2 2026; diluted loss per share $0.03.
  • Adjusted EBITDA: $120 million for Q2 2026 and adjusted net income attributable to Huntsman of nil; adjusted diluted income (loss) per share nil for Q2 2026.

Business Highlights

  • Revenue growth across segments: total reportable segments' revenues increased 14% year-over-year for the quarter, driven by higher selling prices and volumes.
  • Polyurethanes: revenue increased to $1,079 million driven by higher MDI average selling prices and increased volumes in the Americas and Europe; segment adjusted EBITDA rose notably.
  • Performance Products: revenue rose to $283 million with higher volumes (notably in performance amines) and slightly higher selling prices; segment adjusted EBITDA improved versus prior year.
  • Advanced Materials: revenue increased to $313 million driven by higher selling prices, favorable mix and FX movements; volumes rose in aerospace, power and automotive markets with improved segment margins.
  • Strategic milestone: on June 16, 2026 Huntsman announced an agreement to complete an all-stock merger of equals with Olin, with a Huntsman stockholder vote scheduled for August 25, 2026.

Original SEC Filing:

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