# Element Solutions Q3 2026 Earnings Report

> Element Solutions reports record Q3 revenue and raises full-year earnings guidance amid strong data center demand.
- Title: Element Solutions Q3 2026 Earnings Report · The Motley Fool
- Summary: Element Solutions reports record Q3 revenue and raises full-year earnings guidance amid strong data center demand. Element Solutions achieved $995.3 million…
- Keywords: element solutions, esi, q3 2026, earnings call, data center, ai infrastructure, activecopper, micromax, circuitry solutions, assembly solutions, finance, money
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/22/element-solutions-esi-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-22T16:54:10+00:00
- Read time: 2 min
- Topics: element solutions, esi, q3 2026, earnings call, data center, ai infrastructure, activecopper, micromax, circuitry solutions, assembly solutions, finance, money
## Q3 Revenue Results
Element Solutions reported record third-quarter revenue of $995.3 million, representing 52% growth and 13% organic growth.
## Adjusted EBITDA Growth
Adjusted EBITDA reached $191 million, reflecting 29% growth on a constant currency basis.
## Adjusted EPS Performance
Adjusted EPS increased to $0.50, representing a 22% rise from $0.41 in Q3 2025.
## Electronics Segment Growth
Electronics organic net sales grew 18%, driven by expansion across all verticals including a 24% increase in the Semiconductor vertical.
## Electronics Margin Improvement
Electronics adjusted EBITDA margin improved 50 basis points to 28.2% excluding pass-through metals.
## Circuitry Solutions Performance
Circuitry Solutions organic net sales grew 16%, outperforming industry forecasts that increased from 6% to 10% during the year.
## Assembly Solutions Growth
Assembly Solutions organic net sales grew 16%, supported by demand for high-reliability solder paste and engineered preform products for data center applications.
## China Revenue Growth
China revenue grew 30% for the quarter, driven by activity in the high-end electronics supply chain.
## Micromax Contribution
Micromax contributed nearly $140 million, with approximately two-thirds related to pass-through metals.
## EFC Gases Performance
EFC Gases and Advanced Materials revenue grew 19% to $23 million, showing 45% sequential improvement from Q2.
## Industrial Solutions Growth
Industrial Solutions organic net sales grew 3%, primarily reflecting price increases to offset raw material inflation.
## Offshore Solutions Decline
Offshore Solutions organic net sales declined 13% due to equipment failure at a large customer site and project delays.
## Full-Year Guidance
Full-year adjusted EBITDA guidance increased to approximately $720 million, representing a 20% EPS growth target.
## Capital Expenditures
Capital expenditures totaled $30 million for Q3 and $83 million year-to-date, focused on ActiveCopper and thermal interface materials.
## Net Leverage Ratio
Net leverage ratio reached 2.7x on a pro forma basis, meeting the company's year-end target of less than 3x.
## Share Repurchases
Approximately 1.1 million shares were repurchased for nearly $38 million during Q3.
## Key takeaway

Element Solutions achieved $995.3 million in Q3 net sales with 52% growth and raised full-year adjusted EBITDA guidance to $720 million.