Huntsman Narrows Q2 Loss to $6M; Merger Vote Set for August 25
HUN sits 56% above its 52-week low of $7.295.
Summary
Huntsman reported a significantly narrower Q2 net loss of $6 million and adjusted EBITDA of $120 million, up from $74 million a year ago. The company also confirmed its merger with Olin is progressing, with a stockholder vote set for August 25, 2026.
Key Events · Earnings and Guidance · HUN
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Q2 Loss Narrows to $6M
Net loss attributable to Huntsman was $6 million, or $0.03 per share, compared to a $158 million loss in Q2 2025. Adjusted net income was breakeven versus a $34 million adjusted loss a year ago.
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Adjusted EBITDA More Than Doubles
Adjusted EBITDA reached $120 million, up from $74 million in the prior year period, driven by higher volumes and pricing across all segments.
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Revenue Grows 14%
Revenue increased to $1,663 million from $1,458 million, with Polyurethanes up 16%, Performance Products up 5%, and Advanced Materials up 19%.
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Free Cash Flow Turns Negative
Free cash flow was a use of $90 million compared to a source of $55 million in Q2 2025, primarily due to a $120 million working capital build.
Analysis · HUN · Industrial Applications And Services
A dramatic year-over-year improvement marks Huntsman's second quarter, with the net loss shrinking from $158 million to just $6 million and adjusted EBITDA more than doubling to $120 million. Revenue grew 14% on higher volumes and pricing. However, free cash flow swung to a $90 million use of cash, reflecting a working capital build. The earnings release also confirms the all-stock merger with Olin is on track, with the stockholder vote scheduled for August 25, 2026 — a key catalyst for the stock. The combination of improving operations and a defined merger timeline makes this a notable update for investors.
At the time of this filing, HUN was trading at $11.38 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $7.30 to $16.09. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.