Huntsman Announces Third Quarter 2026 Earnings
Key Highlights
- ➤Huntsman (HUN) revenue $1.717B, up 18% year over year
- ➤Adjusted EBITDA $132M, up from $94M year over year
- ➤Adjusted net income $7M versus $5M adjusted loss previously
- ➤Merger with Olin approved; closing expected in first quarter of 2027
- ➤Free cash flow $82M, down from $157M year over year
Expert Statements
Peter R. Huntsman, Chairman, President, and CEO of Huntsman
“Our Company continues to perform solidly despite significant macroeconomic and industry challenges. Year-over-year improvement was driven by higher volumes, stronger margins, and cost savings. Better results and cash flow are expected to reduce net debt leverage to approximately 4 times by year-end, a significant improvement from the beginning of the year. These gains reflect our associates' hard work and disciplined execution to grow volumes, lower costs, and generate cash.”
Peter R. Huntsman, Chairman, President, and CEO of Huntsman
“Our planned merger of equals with Olin Corporation reached several milestones during the quarter, including shareholder approval on August 25, 2026, and regulatory clearance in multiple jurisdictions, including the United States in September. We continue to work with the remaining jurisdictions to secure the approvals needed to complete the merger, which we now expect to close in the first quarter of 2027. We are excited about the benefits the merger will bring to both companies' shareholders.”
* Third quarter 2026 net loss attributable to Huntsman of $18 million compared to a net loss of $25 million in the prior year period; third quarter 2026 diluted loss per share of $0.10 compared to diluted loss per share of $0.14 in the prior year period. * Third quarter 2026 adjusted net income attributable to Huntsman of $7 million compared to adjusted net loss of $5 million in the prior year period; third quarter 2026 adjusted diluted income per share of $0.04 compared to adjusted diluted loss per share of $0.03 in the prior year period. * Third quarter 2026 adjusted EBITDA of $132 million compared to $94 million in the prior year period. * Third quarter 2026 net cash provided by operating activities from continuing operations was $115 million. Free cash flow was $82 million for the third quarter 2026 compared to $157 million in the prior year period. * On August 25, 2026, Huntsman shareholders approved the merger of equals with Olin Corporation. Once the merger is completed, the combined OlinHuntsman will
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