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The Chemours Company (CC) investor relations material
The Chemours Company Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 net sales were $1.5B, with adjusted EBITDA of $195M, reflecting stable performance despite challenging market conditions and strong Opteon™ Refrigerant growth offset by TT and APM declines.
Net income was $60M ($0.40 per share), reversing a net loss of $32M in Q3 2024, mainly due to lower restructuring and impairment charges.
Strategic agreements and product qualifications, including with Samsung Electronics and SRF Limited, supported growth and innovation.
Published 2024 Sustainability Report and made progress on the Pathway to Thrive strategy, including cost reductions and portfolio management.
Operational disruptions anticipated for Q3 were resolved, improving manufacturing reliability.
Financial highlights
Opteon™ sales grew 80% year-over-year, now representing 80% of total refrigerant sales, up from 58%.
TSS segment achieved a 35% adjusted EBITDA margin, with net sales of $560M and double-digit sales growth.
TT segment net sales declined to $612M, with adjusted EBITDA dropping to $25M (4% margin), impacted by lower prices and operational disruptions.
APM segment net sales were $311M, with adjusted EBITDA at $14M (5% margin), affected by volume declines and a resolved site outage.
Free cash flow improved to $105M, with a 54% conversion rate; gross debt was $4.2B, net debt $3.6B, and total liquidity $1.6B as of September 30, 2025.
Outlook and guidance
Q4 2025 net sales expected to decrease 10–15% sequentially; adjusted EBITDA guidance is $130M–$160M.
Full-year 2025 net sales projected at $5.7B–$5.8B, with adjusted EBITDA of $745M–$770M and CapEx ~$220M.
TSS Q4 net sales to decrease high teens to low 20s percent sequentially, with continued double-digit Opteon™ growth.
TT Q4 net sales to decrease high single to low teens percent; adjusted EBITDA $15M–$20M, with $25M cost impact from lower production.
2026 outlook anticipates sales and earnings growth, improved cash flow, and continued cost reductions.
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Charter amendments seek to modernize governance and establish one share, one vote by 2026.
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