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Huntsman Announces Second Quarter 2026 Earnings
Huntsman (NYSE: HUN) reported second quarter 2026 revenue of $1.663 billion, up 14% year over year, with net loss attributable to Huntsman of $6 million (diluted loss per share $0.03) versus a $158 million loss a year ago. Adjusted net income was nil, compared to an adjusted net loss of $34 million, and adjusted EBITDA rose to $120 million from $74 million.All three segments grew revenues, led by Polyurethanes and Advanced Materials, and segment adjusted EBITDA increased across the portfolio. However, operating cash flow from continuing operations was a $60 million use and free cash flow was negative $90 million versus a $55 million source last year. The company reported an effective tax rate of 65% and held about $0.9 billion of combined cash and unused borrowing capacity at June 30, 2026. Huntsman also highlighted progress on its previously announced all-stock merger of equals with Olin, with a stockholder vote scheduled for August 25, 2026.