The financials
Element Solutions Inc by the numbers
Element Solutions Inc (ESI) reported revenue of $840M in Q1 2026 (quarter ended March 31, 2026), up 41% from the same quarter a year earlier. That came with a gross margin of 38% and net income of $56M (6.7% of revenue). For the full year FY2025, revenue was $2.55B (+3.8% year on year) and net income $191M. Its largest product in 2026-Q1 was Assembly Solutions at $326M, 39% of the disclosed total, just ahead of Industrial Solutions at 20%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $840M | $594M | +41% |
| Gross profit | $323M | $251M | +29% |
| Operating income | $111M | $77M | +44% |
| Net income | $56M | $98M | −43% |
| Diluted EPS | $0.23 | $0.40 | −43% |
| Product | Revenue | Share |
|---|---|---|
| Assembly Solutions | $326M | 39% |
| Industrial Solutions | $166M | 20% |
| Electronics Solutions | $146M | 17% |
| Semi Conductors | $98M | 12% |
| Micromax | $65M | 7.7% |
| Energy Solutions | $22M | 2.6% |
| EFC | $19M | 2.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $840.0M (+28%)
Assembly Solutions grew +68% year on yearGraphics Solutions -100% year on year
Segment Latestquarter on quarteryear on year
- Assembly Solutions$325.5M$325.5MQoQ +37%year on year +68%+37%+68%
- Industrial Solutions$166.0M$166.0MQoQ +0.36%year on year +5.6%+0.36%+5.6%
- Electronics Solutions$145.6M$145.6MQoQ +5.7%year on year +21%+5.7%+21%
- Semi Conductors$97.6M$97.6MQoQ +8.9%year on year +22%+8.9%+22%
- Micromax$64.8M$64.8MQoQ -year on year ---
- Energy Solutions$21.9M$21.9MQoQ -14%year on year +22%-14%+22%
- EFC$18.6M$18.6MQoQ -year on year ---
- Graphics Solutions$0.00$0.00QoQ -year on year -100%--100%