Element Solutions (ESI) Operating Expenses (2013 - 2026)
Element Solutions (ESI) posted Operating Expenses of $220.3 million for Q2 2026, up 4.26% on a QoQ basis from $211.3 million in Q1 2026, and up 28.01% year-over-year from $172.1 million in Q2 2025.
Analysis
Element Solutions (ESI) Operating Expenses (2013 - 2026) Analysis & Trends
Element Solutions has reported Operating Expenses for 14 years, with the latest figure at $220.3 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 28.01% year-over-year to $220.3 million in Q2 2026; TTM through Jun 2026 was $814.7 million, a 16.59% increase from a year earlier, with the FY2025 full-year figure at $728.3 million, up 5.28% from the prior year.
- Operating Expenses was $220.3 million for Q2 2026 at Element Solutions, up from $211.3 million in the prior quarter.
- The five-year high for Operating Expenses was $242.8 million in Q3 2023, with the low at $142.7 million in Q3 2022.
- Average Operating Expenses over 5 years is $179.1 million, with a median of $172.3 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 70.15% in 2023, then slipped 28.95% in 2024.
- Over 5 years, Operating Expenses stood at $157.9 million in 2022, then grew by 4.37% to $164.8 million in 2023, then climbed by 9.89% to $181.1 million in 2024, then rose by 14.25% to $206.9 million in 2025, then climbed by 6.48% to $220.3 million in 2026.
- The last three Operating Expenses figures came in at $220.3 million (Q2 2026), $211.3 million (Q1 2026), and $206.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 907.00 Mn |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 99.60 Mn |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 298.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 613.00 Mn |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 311.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 148.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 220.30 Mn |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 251.00 Mn |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn | 64.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 220.30 Mn |
| Mar 31, 2026 | 211.30 Mn |
| Dec 31, 2025 | 206.90 Mn |
| Sep 30, 2025 | 176.20 Mn |
| Jun 30, 2025 | 172.10 Mn |
| Mar 31, 2025 | 173.10 Mn |
| Dec 31, 2024 | 181.10 Mn |
| Sep 30, 2024 | 172.50 Mn |
| Jun 30, 2024 | 171.00 Mn |
| Mar 31, 2024 | 167.20 Mn |
| Dec 31, 2023 | 164.80 Mn |
| Sep 30, 2023 | 242.80 Mn |
| Jun 30, 2023 | 175.90 Mn |
| Mar 31, 2023 | 161.40 Mn |
| Dec 31, 2022 | 157.90 Mn |
| Sep 30, 2022 | 142.70 Mn |
| Jun 30, 2022 | 159.30 Mn |
| Mar 31, 2022 | 167.50 Mn |
| Dec 31, 2021 | 176.30 Mn |
| Sep 30, 2021 | 176.00 Mn |