Avient reports positive first quarter

Cleveland, OH – Avient Corporation announced its first quarter results for 2026. First quarter GAAP earnings per share (EPS) were $0.61 compared to ($0.22) in the prior year quarter. The company noted that first quarter 2026 GAAP EPS includes special items of $0.06 and intangible amortization expense of $0.16.

First quarter 2026 adjusted EPS was $0.83 compared to $0.76 in the prior year quarter, reflecting 9% growth in adjusted EPS.

“Once again our teams successfully navigated a complex and ever-changing environment with agility to deliver these results,” said Dr. Ashish Khandpur, Chairman, President and Chief Executive Officer, Avient Corporation.

“Our first quarter results also reflect the team’s strong execution on driving productivity improvement and disciplined cost control, which enabled expansion of adjusted EBITDA margins by 20 basis points to 17.7%. Our teams remain focused on serving our customers, securing raw material supply, and have been proactively working to mitigate the costs of inflation from the ongoing situation in the Middle East and from macro-economic uncertainty,” added Dr. Khandpur.

“We have a proven track record of successfully managing through volatile environments and supply chain constraints, as we demonstrated during the post-pandemic period in 2021 and 2022, as well as responding to the tariff policy changes in 2025. Accordingly, we expect second quarter adjusted EPS of $0.89, which represents 11% growth over the prior year quarter,” said Jamie Beggs, Senior Vice President and Chief Financial Officer.

“Our performance expectations for the first half of the year are slightly better-than-expected compared to the beginning of the year. With that said, the outlook for the second half of the year is less certain, so we are maintaining our full year guidance of adjusted EBITDA of $555 to $585 million and adjusted EPS of $2.93 to $3.17,” said Ms. Beggs.

Dr. Khandpur added, “Our strategy has enabled us to deliver consistent results and grow earnings in 2024 and 2025. We remain committed to growing full year earnings again in 2026, while continuing to also invest in our prioritized growth vectors to keep advancing our longer-term plans.”

A recording of the webcast and the slide presentation are available at avient.com/investors/events-presentations and will be accessible for one year.