ASIX earnings analysis
What we found in ASIX's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
AdvanSix reported Q2 2026 revenue of $421.284 million, up 4.3% sequentially and 2.8% year over year, but diluted EPS of $0.19 was substantially below the $0.54 consensus estimate and down from $1.15 a year earlier. The filing does not provide current-quarter gross margin, operating margin, free cash flow, segment results, balance-sheet detail, or quantitative guidance in the supplied text. Floating-rate debt remains a measurable exposure, with a 25-basis-point rate move affecting six-month interest expense by approximately $0.7 million.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Rebounded Sequentially
- Second-quarter revenue was $421.284 million, up approximately 4.3% from $404 million in Q1 2026 and 2.8% from $410 million in Q2 2025.
- EPS Improved Sequentially
- Reported diluted EPS was $0.19, improving from a $(0.58) loss in Q1 2026.
- Disclosure Controls Effective
- Management stated that disclosure controls were effective at a reasonable assurance level as of June 30, 2026.
- No Control Weakness Identified
- No material change in internal control over financial reporting was identified during the quarter ended June 30, 2026.
- Repurchase Capacity Remains
- The company had approximately $61.958 million of remaining share-repurchase authorization at June 30, 2026, although no shares were repurchased under the program during the quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Large EPS Miss and Yearly Decline
- Second-quarter EPS of $0.19 was 64.81% below the $0.54 consensus estimate and declined from $1.15 in Q2 2025, indicating substantial earnings pressure despite revenue growth.
- Floating-Rate Debt Exposure
- The company has floating-rate exposure through its Revolving Credit Facility; a 25-basis-point rate fluctuation would have changed six-month interest expense by approximately $0.7 million.
- No Updated Risk-Factor Disclosure
- The filing says there were no material changes to the risk factors in the 2025 Form 10-K, but it also states that litigation could affect results if a matter became material; no pending claim was expected to have a material adverse effect on consolidated financial position, results, or operating cash flows.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.19
What they said about what is next.
The provided 10-Q text contains no quantitative revenue or EPS outlook. Prior-year capital expenditure guidance was discussed in the earlier 8-K, not this filing.
The filing reads worse than the one before it.
What came before.
- 10-Q · May 8, 2026
- AdvanSix reported a strong Q1 2026 with revenues of $404.2 million, marking a 7% increase year-over-year, although it experienced a diluted EPS loss of $(0.58), which missed analyst expectations of $(0.47). The company…
- 10-K · February 20, 2026
- AdvanSix describes a strategy built on a vertically integrated U.S. manufacturing footprint, cost leadership in caprolactam and an expanding Plant Nutrients franchise (SUSTAIN program) to improve through‑cycle…
- 10-Q · November 7, 2025
- AdvanSix reported quarterly sales of $374.5M and a net loss of $2.6M for Q3 2025, driven by severe margin compression. Gross margin fell to ~6.8% and the company recorded an operating loss and diluted EPS of $(0.10),…
- 10-Q · August 1, 2025
- AdvanSix reported quarterly revenue of $410,022,000 for the three months ended June 30, 2025, down 9.6% versus $453,479,000 a year ago, with gross margin compressing to 14.3% from 17.9% and diluted EPS down to $1.15…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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