Huntsman Corporation Reports Q2 2025 Mixed Results: Revenue Dip and Increased Losses

Huntsman Corporation (NYSE: HUN) has reported its financial results for Q2 2025. The report highlights notable turnovers in both revenue and expenses, reflecting mixed operational performances across its segments.

Key Financial Highlights:

• Revenue: Decreased by 7% to $1.458 billion compared to $1.574 billion in Q2 2024.
• Cost of Goods Sold (COGS): Slightly decreased by 4% to $1.276 billion, down from $1.331 billion.
• Gross Profit: Declined 25% to $182 million, down from $243 million in Q2 2024.
• Operating Loss: Registered at $(120) million compared to $34 million profit a year earlier, driven by increased restructuring and impairment costs.
• Net Loss: $(145) million compared to a net income of $38 million in Q2 2024.
• Loss per Share: $(0.92), significantly lower than a profit of $0.13 per share in Q2 2024.
• Adjusted EBITDA: Dropped by 44% to $74 million from $131 million in the previous year.
• Total Cash and Cash Equivalents: Increased by 17% to $399 million from $340 million at the turn of the year.
• Working Capital: Rose by 19% to $664 million as of June 30, 2025.

Positive Aspects:

• Cash and cash equivalents increased, which bolsters liquidity (up 17% to $399 million).
• Cost management efforts are visible in reduced selling, general and administrative expenses, decreased by 9%.
• Increased operational cash flow relative to the prior year period, with net cash provided by operating activities reaching $21 million.

Negative Aspects:

• Significant restructuring costs of $124 million during Q2, affecting operational income drastically.
• Overall revenues fell short due to decreased sales volumes and lower average selling prices across all segments.
• Net losses deteriorated, with a substantial decline in gross profit margin attributable to higher operational costs.
• Declines in equity income from unconsolidated affiliates, leading to a loss of $2 million compared to a gain of $18 million last year.

In conclusions, Huntsman Corporation grappled with a challenging operational landscape in Q2 2025, with revenues declining and significant restructuring costs inflating losses. However, liquidity remains strong as management navigates through ongoing volatility in market conditions.