Avient Corp (AVNT) financial statements: income statement, balance sheet and cash flow
Avient Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Avient Corp reported revenue of $3.3B (+0.6% year on year) and net income of $83.6M (-51.0% year on year).
Income statement
Avient Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Sales
$3.3B
$3.2B
$3.1B
$3.4B
Cost of sales
$2.2B
$2.2B
$2.3B
$2.5B
Gross margin
$1.0B
$1.1B
$892.5M
$882.7M
Selling and administrative expense
$812.1M
$727.4M
$695.7M
$639.4M
Operating income
$203.5M
$329.3M
$196.8M
$243.3M
Interest expense, net
($98.6M)
($105.6M)
($115.3M)
($119.8M)
Other income, net
$6.8M
$1.1M
$5.8M
($59.7M)
Income from continuing operations before income taxes
$111.7M
$224.8M
$87.3M
$63.8M
Income tax expense
($28.1M)
($54.1M)
($11.0M)
$19.3M
Net income from continuing operations
$83.6M
$170.7M
$76.3M
$83.1M
Loss from discontinued operations, net of income taxes
$0
$0
($100.0K)
$620.3M
Net income
$83.6M
$170.7M
$76.2M
$703.4M
Net income attributable to noncontrolling interests
($1.7M)
($1.2M)
($500.0K)
($300.0K)
Net income attributable to Avient common shareholders
$81.9M
$169.5M
$75.7M
$703.1M
Earnings per share attributable to Avient common shareholders - Basic (in USD per share)
$0.90
$1.86
$0.83
$7.71
Earnings per share attributable to Avient common shareholders - Diluted (in USD per share)
$0.89
$1.84
$0.83
$7.63
Basic (in shares)
91.5M
91.3M
91.1M
91.2M
Plus dilutive impact of share-based compensation (in shares)
300.0K
700.0K
700.0K
1.0M
Diluted (in shares)
91.8M
92.0M
91.8M
92.2M
Anti-dilutive shares not included in diluted common shares outstanding (in shares)
$1600000.00
$400000.00
$700000.00
$300000.00
Cash dividends declared per share of common stock (in USD per share)
$1.08
$1.04
$1.00
$0.96
Avient Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Sales
$917.0M
$847.4M
$806.5M
$866.5M
Cost of sales
$609.4M
$574.8M
$561.6M
$588.6M
Gross margin
$307.6M
$272.6M
$244.9M
$277.9M
Selling and administrative expense
$195.2M
$176.8M
$177.8M
$181.8M
Operating income
$112.4M
$95.8M
$67.1M
$96.1M
Interest expense, net
($22.3M)
($22.0M)
($24.2M)
($24.7M)
Other expense, net
($1.0M)
($1.5M)
$0
($500.0K)
Income before income taxes
$89.1M
$72.3M
$42.9M
$70.9M
Income tax expense
($23.4M)
($16.5M)
($10.1M)
($17.4M)
Net income
$65.7M
$55.8M
$32.8M
$53.5M
Net income attributable to noncontrolling interests
($900.0K)
($100.0K)
($200.0K)
($900.0K)
Net income attributable to Avient common shareholders
$64.8M
$55.7M
$32.6M
$52.6M
Earnings per share attributable to Avient common shareholders - Basic (in USD per share)
$0.71
$0.61
$0.36
$0.57
Earnings per share attributable to Avient common shareholders - Diluted (in USD per share)
$0.70
$0.61
$0.36
$0.57
Basic (in shares)
91.7M
91.7M
91.6M
91.5M
Plus dilutive impact of share-based compensation (in shares)
500.0K
200.0K
200.0K
300.0K
Diluted (in shares)
92.2M
91.9M
91.8M
91.8M
Anti-dilutive share-based compensation awards (in shares)
$1700000.00
$1800000.00
$1500000.00
$1600000.00
Cash dividends declared per share of common stock (in USD per share)
$0.28
$0.28
$0.27
$0.27
Balance sheet
Avient Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$510.5M
$544.5M
$545.8M
$641.1M
Accounts receivable, net
$435.0M
$399.5M
$399.9M
$440.6M
Inventories, net
$367.2M
$346.8M
$347.0M
$372.7M
Other current assets
$88.2M
$131.3M
$114.9M
$115.3M
Total current assets
$1.4B
$1.4B
$1.4B
$1.6B
Property, net
$988.8M
$955.3M
$1.0B
$1.0B
Goodwill
$1.8B
$1.7B
$1.7B
$1.7B
Intangible assets, net
$1.5B
$1.5B
$1.6B
$1.6B
Operating lease assets, net
$85.6M
$89.1M
$65.3M
$60.4M
Deferred income tax assets
$194.7M
$81.3M
—
—
Other non-current assets
$105.6M
$153.2M
$156.6M
$136.2M
Total assets
$6.0B
$5.8B
$6.0B
$6.1B
Short-term and current portion of long-term debt
$500.0K
$7.7M
$9.5M
$2.2M
Accounts payable
$410.0M
$417.4M
$432.3M
$454.4M
Accrued expenses and other current liabilities
$435.8M
$331.0M
$315.2M
$395.8M
Total current liabilities
$846.3M
$756.1M
$773.6M
$869.4M
Long-term debt
$1.9B
$2.1B
$2.1B
$2.2B
Deferred income taxes
$285.7M
$260.4M
$281.6M
$342.5M
Other non-current liabilities
$584.7M
$405.7M
$394.4M
$235.5M
Total non-current liabilities
$2.8B
$2.7B
$2.9B
$2.9B
Common Shares, $0.01 par, 400.0 shares authorized, 122.2 shares issued
1.2M
1.2M
1.2M
1.2M
Additional paid-in capital
$1.5B
$1.5B
$1.5B
$1.5B
Retained earnings
$1.9B
$1.9B
$1.8B
$1.8B
Common shares held in treasury, at cost, 30.6 shares in 2025 and 30.8 shares in 2024
-927.8M
-929.6M
-932.5M
-935.0M
Accumulated other comprehensive loss
($106.7M)
($177.8M)
($87.4M)
($75.8M)
Avient shareholders’ equity
$2.4B
$2.3B
$2.3B
$2.3B
Noncontrolling interest
$12.1M
$15.8M
$18.8M
$18.3M
Total equity
$2.4B
$2.3B
$2.3B
$2.4B
Total liabilities and equity
$6.0B
$5.8B
$6.0B
$6.1B
Avient Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$425.6M
$427.6M
$445.6M
$474.5M
Accounts receivable, net
$553.5M
$513.4M
$484.5M
$523.4M
Inventories, net
$443.0M
$386.4M
$392.1M
$387.5M
Other current assets
$111.3M
$96.5M
$101.7M
$109.0M
Total current assets
$1.5B
$1.4B
$1.4B
$1.5B
Property, net
$961.9M
$967.9M
$980.8M
$986.1M
Goodwill
$1.7B
$1.7B
$1.8B
$1.8B
Intangible assets, net
$1.4B
$1.4B
$1.5B
$1.5B
Other non-current assets
$351.1M
$366.4M
$386.7M
$368.9M
Total assets
$6.0B
$5.9B
$6.1B
$6.1B
Short-term and current portion of long-term debt
$500.0K
$500.0K
$500.0K
$500.0K
Accounts payable
$474.7M
$426.1M
$392.7M
$439.4M
Accrued expenses and other current liabilities
$331.7M
$376.5M
$308.4M
$297.4M
Total current liabilities
$806.9M
$803.1M
$701.6M
$737.3M
Long-term debt
$1.9B
$1.9B
$2.0B
$2.0B
Deferred income taxes
$278.1M
$280.5M
$307.7M
$306.9M
Other non-current liabilities
$594.5M
$519.2M
$686.7M
$695.1M
Total non-current liabilities
$2.7B
$2.7B
$3.0B
$3.0B
Avient shareholders’ equity
$2.4B
$2.4B
$2.4B
$2.4B
Noncontrolling interest
$13.1M
$12.2M
$15.9M
$15.7M
Total equity
$2.5B
$2.4B
$2.4B
$2.4B
Total liabilities and equity
$6.0B
$5.9B
$6.1B
$6.1B
Cash flow statement
Avient Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$83.6M
$170.7M
$76.2M
$703.4M
Depreciation and amortization
$185.9M
$179.7M
$186.9M
$157.6M
Cloud-based enterprise resource planning system impairment
$71.6M
—
—
—
Deferred income tax benefit
($45.4M)
($23.8M)
($61.3M)
$500.0K
Share-based compensation expense
$9.1M
$15.4M
$13.2M
$13.2M
(Increase) decrease in accounts receivable
($18.3M)
($15.2M)
$38.6M
$32.6M
Decrease (increase) in inventories
$600.0K
($13.7M)
$24.3M
$14.0M
(Decrease) increase in accounts payable
($27.6M)
$300.0K
($22.2M)
$10.7M
Decrease in pension, retirement benefits and deferred compensation
($11.3M)
($34.3M)
($15.1M)
$7.1M
Increase (decrease) in restructuring obligations
$24.9M
—
—
—
Taxes paid on gain on sale of business
$0
$0
($104.1M)
—
(Decrease) increase in environmental obligations
($4.8M)
($11.2M)
—
—
Decrease (increase) in environmental insurance receivable
$34.0M
—
—
—
(Decrease) increase in incentive accruals
($24.0M)
—
—
—
Accrued expenses and other assets and liabilities, net
$23.3M
$22.9M
$63.2M
($27.7M)
Net cash provided by operating activities
$301.6M
$256.8M
$201.6M
$398.4M
Capital expenditures
($106.6M)
($121.9M)
($119.4M)
($105.5M)
Net proceeds from divestiture
$0
$0
$7.3M
$928.2M
Proceeds from plant closures
$12.9M
$3.4M
$7.6M
—
Other investing activities
($3.3M)
($2.1M)
$10.3M
$6.1M
Net cash used by investing activities
($97.0M)
($120.6M)
($94.2M)
($504.0M)
Proceeds from long-term borrowings
$0
$650.0M
$0
$1.3B
Payments on long-term borrowings
($150.3M)
($660.9M)
($105.8M)
—
Cash dividends paid
($98.8M)
($94.0M)
($90.2M)
($86.8M)
Payments on withholding tax on share awards
($4.1M)
($6.4M)
($3.4M)
($4.3M)
Debt financing costs
($3.9M)
($9.6M)
($2.3M)
($49.3M)
Net cash used by financing activities
($257.1M)
($120.9M)
($201.7M)
$166.4M
Effect of exchange rate changes on cash
$18.5M
($16.6M)
($1.0M)
($20.9M)
Decrease in cash and cash equivalents
($34.0M)
($1.3M)
($95.3M)
$39.9M
Cash and cash equivalents at beginning of year
$544.5M
$545.8M
$641.1M
$601.2M
Cash and cash equivalents at end of year
$510.5M
$544.5M
$545.8M
$641.1M
Avient Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$121.5M
$55.8M
$66.4M
$33.6M
Depreciation and amortization
$96.7M
$47.9M
$138.8M
$91.9M
Cloud-based enterprise resource planning system impairment
$0
$0
$71.6M
$71.6M
Share-based compensation expense
$4.1M
$2.1M
$6.9M
$4.6M
Increase in accounts receivable
($124.8M)
($83.7M)
($66.4M)
($102.9M)
Increase in inventories
($80.5M)
($22.9M)
($25.4M)
($20.8M)
Increase in accounts payable
$69.0M
$20.0M
($43.5M)
$1.4M
(Decrease) increase in restructuring obligations
($11.1M)
($4.7M)
$4.1M
—
Decrease in incentive accruals
($2.3M)
($24.8M)
—
—
Environmental insurance recovery
$0
$0
$34.0M
$34.0M
Accrued expenses and other assets and liabilities, net