The Chemours Company reported second quarter 2026 net sales of $1.59 billion, a 1% decrease year-over-year, missing analyst expectations. The company posted an adjusted EPS of $0.42, just shy of estimates, while its GAAP net loss was $274 million, or ($1.81) per share, an improvement from a loss of $380 million in the prior-year quarter.
Key Highlights
- Second quarter net sales of $1.59 billion missed the $1.66 billion estimate, driven by a 4% volume decline that was partially offset by a 2% increase in price.
- Adjusted EBITDA of $247 million declined 5% year-over-year but beat the consensus estimate of $235 million, landing at the high end of the company's guidance.
- The Advanced Performance Materials (APM) segment's Performance Solutions division reported an 8% year-over-year increase in net sales, citing momentum in products serving data center and semiconductor end markets.
- Free cash flow improved significantly to $114 million, up 128% from $50 million in the prior-year quarter, highlighting better working capital performance.