Huntsman Corp income statement
In fiscal 2025, Huntsman Corp reported revenue of $5.68bn, down 5.8% on the year before, operating income of −$131m (a -2.3% margin) and net income of −$284m, or −$1.65 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.7 | 9.3 | 11.2 | 11.2 | 11.1 | 11.6 | 8.1 | 7.5 | 6.8 | 7.6 | 6.8 | 5.4 | 7.7 | 8.0 | 6.1 | 6.0 | 5.7 | 6.2 |
| Cost of revenue | — | — | — | — | — | — | — | 6.0 | 5.2 | 5.8 | 5.4 | 4.4 | 6.1 | 6.5 | 5.2 | 5.2 | 4.9 | 5.3 |
| Gross profit | 1.1 | 1.5 | 1.8 | 2.0 | 1.8 | 1.9 | 1.7 | 1.5 | 1.7 | 1.8 | 1.4 | 1.0 | 1.6 | 1.5 | 0.9 | 0.9 | 0.8 | 0.8 |
| Research and development | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling, general and administrative | 0.9 | 0.9 | 0.9 | 1.0 | 0.9 | 1.0 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
| Operating income | 0.0 | 0.4 | 0.6 | 0.8 | 0.5 | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.5 | 0.4 | 0.7 | 0.7 | 0.1 | −0.0 | −0.1 | 0.0 |
| Interest expense | 0.2 | 0.2 | 0.2 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net interest income | — | −0.2 | −0.2 | −0.2 | −0.2 | −0.2 | −0.2 | −0.2 | — | — | — | — | — | — | — | — | — | — |
| Income before tax | — | — | — | — | — | — | 0.5 | 0.5 | 0.5 | 0.7 | 0.4 | 0.3 | 1.2 | 0.7 | 0.1 | −0.0 | −0.2 | −0.1 |
| Income tax | 0.4 | 0.0 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | −0.0 | 0.0 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 |
| Net income | 0.1 | 0.0 | 0.2 | 0.4 | 0.1 | 0.3 | 0.1 | 0.3 | 0.6 | 0.3 | 0.6 | 1.0 | 1.0 | 0.5 | 0.1 | −0.2 | −0.3 | −0.2 |
| Diluted EPS | $0.48 | $0.11 | $1.02 | $1.51 | $0.53 | $1.31 | $0.38 | $1.36 | $2.61 | $1.39 | $2.44 | $4.66 | $4.72 | $2.27 | $0.57 | −$1.10 | −$1.65 | −$1.00 |
| Diluted shares (average) | 238m | 236m | 242m | 241m | 242m | 246m | 245m | 240m | 244m | 242m | 231m | 222m | 221m | 203m | 177m | 172m | 173m | 173m |
| EBITDA | 0.5 | 0.8 | 1.0 | 1.3 | 1.0 | 1.1 | 1.0 | 1.0 | 1.0 | 1.1 | 0.7 | 0.7 | 1.0 | 1.0 | 0.4 | 0.3 | 0.2 | 0.3 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,452 | 1,410 | 1,458 | 1,460 | 1,355 | 1,420 | 1,663 | 1,717 |
| Cost of revenue | 1,264 | 1,209 | 1,276 | 1,256 | 1,191 | 1,237 | 1,418 | 1,480 |
| Gross profit | 188 | 201 | 182 | 204 | 164 | 183 | 245 | 237 |
| Research and development | 30 | 32 | 33 | 29 | 26 | 29 | 28 | 27 |
| Selling, general and administrative | 166 | 166 | 160 | 163 | 181 | 163 | 183 | 168 |
| Operating income | −63 | 42 | −120 | 6 | −59 | −16 | 37 | 39 |
| Income before tax | −81 | 27 | −139 | −7 | −73 | −29 | 26 | 26 |
| Income tax | 29 | 15 | 7 | 3 | 1 | 11 | 17 | 28 |
| Net income | −141 | −5 | −158 | −25 | −96 | −53 | −6 | −18 |
| Diluted EPS | −$0.82 | −$0.03 | −$0.92 | −$0.14 | −$0.56 | −$0.31 | −$0.03 | −$0.10 |
| EBITDA | 12 | 111 | −48 | 79 | 14 | 57 | 114 | 116 |
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