Quarterly ResultMay 1, 2026, 11:43 AM
HUN Q1 Net Loss $(53)M; Operating Income $(16)M; Dividend Cut
AI Summary
Huntsman Corporation reported a net loss of $53 million for Q1 2026, a significant increase from the $5 million net loss in Q1 2025. Operating income also declined sharply to a loss of $16 million from a $42 million income in the prior year period, despite a slight revenue increase to $1,420 million. The company also reduced its quarterly dividend to $0.0875 per share from $0.25 per share.
Key Highlights
- Net loss attributable to Huntsman Corporation was $(53)M in Q1 2026, compared to $(5)M in Q1 2025.
- Operating income shifted to a loss of $(16)M in Q1 2026 from an income of $42M in Q1 2025.
- Total revenues increased slightly to $1,420M in Q1 2026 from $1,410M in Q1 2025.
- Basic loss per share was $(0.31) in Q1 2026, compared to $(0.03) in Q1 2025.
- Dividends declared on common stock decreased to $0.0875 per share from $0.25 per share.
- Net cash used in operating activities improved to $(53)M in Q1 2026 from $(74)M in Q1 2025.
- Cash and cash equivalents decreased by $60M to $369M at March 31, 2026.
Price Impact
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