HUN Q3 2025 Earnings
Reported Nov 6, 2025 at 4:32 PM ET · SEC Source
Q3 25 EPS
$-0.03
BEAT +79.61%
Est. $-0.15
Q3 25 Revenue
$1.46B
BEAT +1.10%
Est. $1.44B
vs S&P Since Q3 25
+43.4%
BEATING MARKET
HUN +52.7% vs S&P +9.3%
Market Reaction
Did HUN Beat Earnings? Q3 2025 Results
Huntsman Corporation delivered a clearer-than-expected beat in Q3 2025, posting an adjusted loss of just $0.03 per share against a consensus estimate of $0.15, a 79.61% positive surprise, even as the specialty chemicals maker continues to grind throu… Read more Huntsman Corporation delivered a clearer-than-expected beat in Q3 2025, posting an adjusted loss of just $0.03 per share against a consensus estimate of $0.15, a 79.61% positive surprise, even as the specialty chemicals maker continues to grind through a prolonged cyclical trough. Revenue came in at $1.46 billion, edging past estimates by 1.10% though still down 5.2% year-over-year, with pricing headwinds across the Polyurethanes segment, where MDI selling prices softened on weaker supply-demand dynamics, acting as the primary drag on the top line. The more compelling story was on cash flow, where free cash flow surged to $157 million from $93 million a year ago, powered by aggressive working capital management including $55 million in inventory reductions. That liquidity improvement gave management cover for a 65% dividend cut, resetting the quarterly payout to $0.09 per share to preserve financial flexibility, with executives signaling a restoration once conditions improve and restructuring programs, targeting over $100 million in savings, wrap up in 2026.
Key Takeaways
- • Lower average selling prices across Polyurethanes and Performance Products segments
- • MDI average selling prices decreased due to less favorable supply and demand dynamics
- • Higher sales volumes in Polyurethanes in Americas and Asia regions partially offset pricing pressure
- • Closure of Moers, Germany maleic anhydride facility reduced Performance Products volumes
- • Favorable foreign currency exchange rate movements boosted Advanced Materials average selling prices
- • Strong working capital management and inventory reductions drove significant free cash flow improvement
- • Cost optimization program contributed savings across segments
HUN YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
HUN Revenue by Segment
With YoY comparisons, source: SEC Filings
“As we expected, third quarter fundamentals remained consistent with the first half of the year. Volumes improved compared to the prior year while pricing in some parts of the portfolio remained under pressure. Cash generation and cost control remain top priorities for our Company. Our current restructuring programs, that will likely exceed $100 million in savings, remain on track and are expected to be completed in 2026.”
— Peter R. Huntsman, Q3 2025 Earnings Press Release
HUN Earnings Trends
HUN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HUN EPS Trend
Earnings per share: estimate vs actual
HUN Revenue Trend
Quarterly revenue: estimate vs actual
HUN Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-0.21 | $-0.20 | +2.58% | $1.42B | +2.17% |
| Q4 25 MISS FY | $-0.31 | $-0.37 | -17.57% | $1.36B | +0.89% |
| FY Full Year | — | $-0.70 | — | $5.68B | — |
| Q3 25 BEAT | $-0.15 | $-0.03 | +79.61% | $1.46B | +1.10% |
| Q2 25 MISS | $-0.12 | $-0.20 | -64.34% | $1.46B | -2.46% |