HUN earnings analysis
What we found in HUN'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
Huntsman Corporation reported Q1 2026 earnings that saw a slight revenue increase to $1.42 billion, surpassing estimates of $1.39 billion. However, the net loss widened significantly, with a continuing loss of $52 million compared to a loss of $4 million in the prior period, driven by increased operating expenses and decreased gross profit margins despite improved sales volumes in certain segments.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Surplus
- Reported revenue increased to $1.42 billion, beating estimates of $1.39 billion by 2.31%.
- Gross Margin Decline
- Gross margin fell to 9%, down from 10% in the prior year, reflecting increased COGS.
- Stable EPS Match
- Reported EPS remained stable at -$0.20, matching consensus estimates.
- Equity Investment Gains
- Equity in income of investment rose from $1 million to $5 million year-over-year.
- Cash Flow Improvement
- Net cash used for operating activities decreased to $53 million from $71 million.
- Segment Revenue Growth
- Advanced Materials segment grew revenues by 4%, positively impacting overall sales.
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.
- Widening Net Loss
- Net loss increased significantly to $53 million from $5 million year-over-year.
- Operating Loss Concerns
- Operating loss of $52 million compared to a small income of $4 million in Q1 2025.
- Increased Debt Levels
- Current portion of debt increased by $23 million, reflecting higher borrowings under this period's revolving credit.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.2
- Gross margin
- 9%
- Segment
- Polyurethanes
- Segment
- Performance Products
- Segment
- Advanced Materials
What they said about what is next.
Management anticipates improved profitability in Q2 2026 due to volume growth and margin expansion expectations.
The filing reads worse than the one before it.
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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