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Side-by-side financial comparison of MATTEL INC (MAT) and Solstice Advanced Materials Inc. (SOLS). Click either name above to swap in a different company.

Solstice Advanced Materials Inc. is the larger business by last-quarter revenue ($969.0M vs $862.2M, roughly 1.1× MATTEL INC). MATTEL INC runs the higher net margin — 7.1% vs -3.6%, a 10.7% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs 4.3%). Solstice Advanced Materials Inc. produced more free cash flow last quarter ($41.0M vs $-88.1M).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

MAT vs SOLS — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.1× larger
SOLS
$969.0M
$862.2M
MAT
Growing faster (revenue YoY)
SOLS
SOLS
+2.5% gap
SOLS
6.8%
4.3%
MAT
Higher net margin
MAT
MAT
10.7% more per $
MAT
7.1%
-3.6%
SOLS
More free cash flow
SOLS
SOLS
$129.1M more FCF
SOLS
$41.0M
$-88.1M
MAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
MAT
MAT
SOLS
SOLS
Revenue
$862.2M
$969.0M
Net Profit
$61.0M
$-35.0M
Gross Margin
44.9%
32.0%
Operating Margin
17.9%
Net Margin
7.1%
-3.6%
Revenue YoY
4.3%
6.8%
Net Profit YoY
251.4%
-123.0%
EPS (diluted)
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAT
MAT
SOLS
SOLS
Q1 26
$862.2M
Q4 25
$1.8B
Q3 25
$1.7B
$969.0M
Q2 25
$1.0B
Q1 25
$826.6M
Q4 24
$1.6B
Q3 24
$1.8B
$907.0M
Q2 24
$1.1B
Net Profit
MAT
MAT
SOLS
SOLS
Q1 26
$61.0M
Q4 25
$106.2M
Q3 25
$278.4M
$-35.0M
Q2 25
$53.4M
Q1 25
$-40.3M
Q4 24
$140.9M
Q3 24
$372.4M
$152.0M
Q2 24
$56.9M
Gross Margin
MAT
MAT
SOLS
SOLS
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
32.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
36.6%
Q2 24
49.2%
Operating Margin
MAT
MAT
SOLS
SOLS
Q1 26
Q4 25
8.0%
Q3 25
21.9%
17.9%
Q2 25
7.7%
Q1 25
-6.4%
Q4 24
9.6%
Q3 24
26.5%
21.7%
Q2 24
7.7%
Net Margin
MAT
MAT
SOLS
SOLS
Q1 26
7.1%
Q4 25
6.0%
Q3 25
16.0%
-3.6%
Q2 25
5.2%
Q1 25
-4.9%
Q4 24
8.6%
Q3 24
20.2%
16.8%
Q2 24
5.3%
EPS (diluted)
MAT
MAT
SOLS
SOLS
Q1 26
$0.20
Q4 25
$0.32
Q3 25
$0.88
Q2 25
$0.16
Q1 25
$-0.12
Q4 24
$0.40
Q3 24
$1.09
Q2 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAT
MAT
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$866.0M
$417.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
$3.2B
Total Assets
$6.3B
$5.2B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
SOLS
SOLS
Q1 26
$866.0M
Q4 25
$1.2B
Q3 25
$691.9M
$417.0M
Q2 25
$870.5M
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$723.5M
Q2 24
$722.4M
Total Debt
MAT
MAT
SOLS
SOLS
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
MAT
MAT
SOLS
SOLS
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$2.3B
$3.2B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.3B
$3.2B
Q2 24
$2.0B
Total Assets
MAT
MAT
SOLS
SOLS
Q1 26
$6.3B
Q4 25
$6.6B
Q3 25
$6.6B
$5.2B
Q2 25
$6.2B
Q1 25
$6.2B
Q4 24
$6.5B
Q3 24
$6.5B
Q2 24
$5.9B
Debt / Equity
MAT
MAT
SOLS
SOLS
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAT
MAT
SOLS
SOLS
Operating Cash FlowLast quarter
$289.0M
Free Cash FlowOCF − Capex
$-88.1M
$41.0M
FCF MarginFCF / Revenue
-10.2%
4.2%
Capex IntensityCapex / Revenue
7.6%
25.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
SOLS
SOLS
Q1 26
Q4 25
$796.6M
Q3 25
$72.0M
$289.0M
Q2 25
$-300.1M
Q1 25
$24.8M
Q4 24
$862.1M
Q3 24
$155.8M
Q2 24
$-252.9M
Free Cash Flow
MAT
MAT
SOLS
SOLS
Q1 26
$-88.1M
Q4 25
Q3 25
$41.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
MAT
MAT
SOLS
SOLS
Q1 26
-10.2%
Q4 25
Q3 25
4.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
MAT
MAT
SOLS
SOLS
Q1 26
7.6%
Q4 25
Q3 25
25.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
MAT
MAT
SOLS
SOLS
Q1 26
Q4 25
7.50×
Q3 25
0.26×
Q2 25
-5.62×
Q1 25
Q4 24
6.12×
Q3 24
0.42×
Q2 24
-4.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAT
MAT

Segment breakdown not available.

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

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