In Q1 FY2026, Axalta reported revenue of $1,254 million, a 63.4% decline year-over-year. Net income was $90 million, down 9.1% from the prior year. Operating income fell 17.0% to $146 million, while diluted EPS decreased 6.7% to $0.42. The company held $608 million in cash and $2,421 million in equity, with long-term debt of $3,179 million.
•Revenue dropped 63.4% YoY to $1,254 million.
•Net income decreased 9.1% YoY to $90 million.
•Operating income fell 17.0% YoY to $146 million.
•Diluted EPS was $0.42, down 6.7% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Axalta Coating Systems Ltd., through its subsidiaries manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Its operations are structured into two segments, Performance Coatings and Mobility Coatings Water and solvent-borne products and systems to repair damaged vehicles for independent body shops, multi-shop operators, and OEMs (OEM) dealership body shops.
Additionally, it provides functional and decorative liquid, and powder coatings for building materials, cabinet, wood and luxury vinyl flooring, and furniture applications under the Imron Industrial, Tufcote Industrial, Corlar Industrial, Strenex Industrial, PercoTop, Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Ceranamel, Alesta, Teodur, Nap-Gard, Abcite, and Plascoat brands.
It also develops and supplies electrocoat, primer, the basecoat, and clearcoat products for OEMs of light and commercial vehicles; and coatings systems for various commercial applications
Including HDT, MDT, bus, rail, motorcycles, marine and aviation, trailers, recreational vehicles, and personal sport vehicles under the Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats, and AquaEC brands
Axalta Coating Systems Ltd. is a specialty chemicals company that manufactures, markets, and distributes high-performance coatings systems. Its operations are divided into two segments: Performance Coatings and Mobility Coatings. The Performance Coatings segment provides functional and decorative liquid and powder coatings for building materials, cabinets, wood, luxury vinyl flooring, and furniture under brands like Imron Industrial, Alesta, and Nap-Gard. The Mobility Coatings segment develops and supplies electrocoat, primer, basecoat, and clearcoat products for light and commercial vehicle OEMs, as well as coatings for heavy-duty trucks, buses, rail, motorcycles, marine, aviation, trailers, and recreational vehicles. Key brands include Imron, Centari, and AquaEC.
Where is Axalta Coating Systems (AXTA) listed and in which currency?
Axalta Coating Systems Ltd. is listed on the New York Stock Exchange (NYSE) under the ticker symbol AXTA. Its financials are reported in US Dollars (USD), as the company is headquartered in the United States and operates primarily in USD. The exchange and currency reflect its primary listing in the US market, making it accessible to investors trading on US exchanges.
What sector and industry does Axalta Coating Systems (AXTA) belong to?
Axalta Coating Systems Ltd. operates in the Basic Materials sector, specifically within the Specialty Chemicals industry. This means the company produces specialized chemical products—in this case, high-performance coatings—that are used in various industrial and consumer applications. Specialty chemicals companies like Axalta focus on creating advanced formulations for specific uses, such as automotive refinish, industrial coatings, and mobility coatings, rather than commodity chemicals.
In which geographic regions does Axalta Coating Systems (AXTA) operate?
Axalta Coating Systems Ltd. operates globally, with a presence in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's products are distributed across these regions, serving a wide range of customers including independent body shops, multi-shop operators, OEM dealership body shops, and original equipment manufacturers (OEMs) of light and commercial vehicles. This broad geographic footprint allows Axalta to serve diverse markets and leverage regional demand for coatings in automotive, industrial, and architectural applications.
How does Axalta Coating Systems (AXTA) make money?
Axalta Coating Systems generates revenue through the sale of high-performance coatings systems across two main segments: Performance Coatings and Mobility Coatings. The Performance Coatings segment sells liquid and powder coatings for industrial applications such as building materials, cabinets, wood flooring, and furniture, using brands like Alesta and Nap-Gard. The Mobility Coatings segment supplies electrocoat, primer, basecoat, and clearcoat products to vehicle OEMs and the commercial vehicle market, including heavy-duty trucks, buses, rail, motorcycles, marine, and aviation. Additionally, Axalta provides water and solvent-borne products for repairing damaged vehicles, serving independent body shops and dealerships. The company's diverse product portfolio and global distribution network enable it to capture value across multiple end markets.
Founded in 1866 and headquartered in Philadelphia, Pennsylvania, Axalta Coating Systems was formerly known as Axalta Coating Systems Bermuda Co., Ltd. before rebranding in August 2014.