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Side-by-side financial comparison of SM Energy Co (SM) 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 ($991.0M vs $704.9M, roughly 1.4× SM Energy Co). On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (10.0% vs -17.3%).

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

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.

SM vs SOLS — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.4× larger
SOLS
$991.0M
$704.9M
SM
Growing faster (revenue YoY)
SOLS
SOLS
+27.3% gap
SOLS
10.0%
-17.3%
SM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SM
SM
SOLS
SOLS
Revenue
$704.9M
$991.0M
Net Profit
$85.0M
Gross Margin
Operating Margin
25.9%
Net Margin
8.6%
Revenue YoY
-17.3%
10.0%
Net Profit YoY
-36.6%
EPS (diluted)
$0.94
$0.53

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
SM
SM
SOLS
SOLS
Q1 26
$991.0M
Q4 25
$704.9M
Q3 25
$811.6M
$969.0M
Q2 25
$792.9M
Q1 25
$844.5M
Q4 24
$852.0M
Q3 24
$643.6M
$907.0M
Q2 24
$634.6M
Net Profit
SM
SM
SOLS
SOLS
Q1 26
$85.0M
Q4 25
Q3 25
$155.1M
$-35.0M
Q2 25
$201.7M
Q1 25
$182.3M
Q4 24
Q3 24
$240.5M
$152.0M
Q2 24
$210.3M
Gross Margin
SM
SM
SOLS
SOLS
Q1 26
Q4 25
Q3 25
32.0%
Q2 25
Q1 25
Q4 24
Q3 24
36.6%
Q2 24
Operating Margin
SM
SM
SOLS
SOLS
Q1 26
Q4 25
25.9%
Q3 25
30.4%
17.9%
Q2 25
37.2%
Q1 25
32.7%
Q4 24
33.7%
Q3 24
51.4%
21.7%
Q2 24
44.0%
Net Margin
SM
SM
SOLS
SOLS
Q1 26
8.6%
Q4 25
Q3 25
19.1%
-3.6%
Q2 25
25.4%
Q1 25
21.6%
Q4 24
Q3 24
37.4%
16.8%
Q2 24
33.1%
EPS (diluted)
SM
SM
SOLS
SOLS
Q1 26
$0.53
Q4 25
$0.94
Q3 25
$1.35
Q2 25
$1.76
Q1 25
$1.59
Q4 24
$1.63
Q3 24
$2.09
Q2 24
$1.82

Balance Sheet & Financial Strength

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

Metric
SM
SM
SOLS
SOLS
Cash + ST InvestmentsLiquidity on hand
$368.0M
$642.0M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$4.8B
$1.5B
Total Assets
$9.3B
$5.7B
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SM
SM
SOLS
SOLS
Q1 26
$642.0M
Q4 25
$368.0M
Q3 25
$162.3M
$417.0M
Q2 25
$101.9M
Q1 25
$54.0K
Q4 24
Q3 24
$1.7B
Q2 24
$487.9M
Total Debt
SM
SM
SOLS
SOLS
Q1 26
$2.0B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
SM
SM
SOLS
SOLS
Q1 26
$1.5B
Q4 25
$4.8B
Q3 25
$4.7B
$3.2B
Q2 25
$4.6B
Q1 25
$4.4B
Q4 24
$4.2B
Q3 24
$4.1B
$3.2B
Q2 24
$3.8B
Total Assets
SM
SM
SOLS
SOLS
Q1 26
$5.7B
Q4 25
$9.3B
Q3 25
$9.1B
$5.2B
Q2 25
$9.0B
Q1 25
$8.8B
Q4 24
$8.6B
Q3 24
$8.0B
Q2 24
$6.7B
Debt / Equity
SM
SM
SOLS
SOLS
Q1 26
1.34×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
SM
SM
SOLS
SOLS
Operating Cash FlowLast quarter
$451.9M
$199.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
2.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SM
SM
SOLS
SOLS
Q1 26
$199.0M
Q4 25
$451.9M
Q3 25
$505.0M
$289.0M
Q2 25
$571.1M
Q1 25
$483.0M
Q4 24
$578.4M
Q3 24
$452.3M
Q2 24
$476.4M
Free Cash Flow
SM
SM
SOLS
SOLS
Q1 26
Q4 25
Q3 25
$41.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
SM
SM
SOLS
SOLS
Q1 26
Q4 25
Q3 25
4.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
SM
SM
SOLS
SOLS
Q1 26
7.6%
Q4 25
Q3 25
25.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
SM
SM
SOLS
SOLS
Q1 26
2.34×
Q4 25
Q3 25
3.26×
Q2 25
2.83×
Q1 25
2.65×
Q4 24
Q3 24
1.88×
Q2 24
2.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SM
SM

Segment breakdown not available.

SOLS
SOLS

Product sales$915.0M92%
Service sales$77.0M8%

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