Earnings ·
Axalta Reports Q3 Net Income of $95M and Adjusted EBITDA of $282M
AXTAAxalta Coating Systems Ltd.
Axalta Coating Systems Ltd. reported third-quarter 2026 net sales of $1.3 billion, a 2% increase year over year, driven by volume growth in three regions and favorable foreign currency translation. Net income decreased to $95 million from $110 million in the prior-year period, primarily due to $14 million in merger-related expenses. Adjusted EBITDA was $282 million with a margin of 21.5%, while diluted EPS came in at $0.44 and adjusted diluted EPS at $0.63. The company highlighted record quarterly net sales in its Mobility Coatings segment, which reached $493 million. Axalta operates as a global leader in the coatings industry, providing innovative solutions for automotive, industrial, and refinish applications.