Huntsman Reports Wider Q1 Net Loss, Cuts Dividend by 65% Amid Challenging Market
HUN has more than doubled off its 52-week low of $7.295.
Summary
Huntsman reported a wider net loss and a significant 65% dividend cut for Q1 2026, despite a slight revenue increase and improved adjusted EBITDA, reflecting ongoing market challenges and a focus on cash preservation.
Key Events · Earnings and Guidance · HUN
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Net Loss Widens Significantly
Net loss attributable to Huntsman Corporation widened to $(53) million in Q1 2026, compared to a net loss of $(5) million in Q1 2025. Operating results shifted from an income of $42 million in Q1 2025 to a loss of $(16) million in Q1 2026.
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Dividend Cut by 65%
The company declared a quarterly dividend of $0.0875 per share, a substantial reduction from $0.25 per share in Q1 2025, signaling a shift in capital allocation and financial caution.
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Modest Revenue Growth and Improved Adjusted EBITDA
Total revenues increased by 1% to $1,420 million in Q1 2026 from $1,410 million in Q1 2025. Adjusted EBITDA saw a slight increase to $73 million from $72 million in the prior year period.
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Improved Operating Cash Flow
Net cash used in operating activities from continuing operations improved to $(53) million in Q1 2026, compared to $(71) million used in Q1 2025.
Analysis · HUN · Industrial Applications And Services
Huntsman Corporation reported a significantly wider net loss for Q1 2026, primarily driven by a shift from operating income to an operating loss and the absence of a substantial litigation gain recognized in the prior year. While revenues saw a modest 1% increase and adjusted EBITDA slightly improved, the GAAP net loss attributable to Huntsman Corporation widened from $(5) million in Q1 2025 to $(53) million in Q1 2026. In response to the challenging financial environment, the company announced a significant reduction in its quarterly common stock dividend, cutting it by approximately 65% from $0.25 per share to $0.0875 per share. The company also secured a new $800 million revolving credit facility, replacing a larger $1.2 billion facility, and continues with several restructuring programs aimed at optimizing costs across its segments. The dividend cut is a strong signal of financial pressure and a shift in capital allocation priorities, likely to be a key focus for investors.
At the time of this filing, HUN was trading at $14.60 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2.5B. The 52-week trading range was $7.30 to $15.90. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.