AdvanSix Inc.

advansix.com

What Do They Do?

Makes nylon materials, fertilizers and chemical intermediates for manufacturers, farmers and agricultural distributors.

How Do They Make Money?

Customers order products through purchase orders and, in some cases, master services agreements. Most sales come from goods shipped to customers; consignment sales come when customers take the goods.

revenue

Segment	Share	How money arrives
Nylon Sold outright	20% FY2022: 25%	Sold outright
Caprolactam Sold outright	18% FY2022: 16%	Sold outright
Plant Nutrients Sold outright	37% FY2022: 34%	Sold outright
Chemical Intermediates Sold outright	25% FY2022: 25%	Sold outright

Who Are Their Customers?

Nylon and chemical-intermediate customers buy mainly directly, with some sales through distributors; fertilizer is sold mainly to distributors, farm cooperatives and retailers.

Customers above 10% of revenue, FY2025

of revenue from one customer

FY2023: 11% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025

3% of revenue

▲ +3% vs FY2024 ($50.1M, 3%)

Net income, FY2025

3% of revenue

▲ +12% vs FY2024 ($44.1M, 3%)

Free cash flow, FY2025

0% of revenue

▲ +280% vs FY2024 ($1.7M, 0%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +3%; vs $410M in Q2 FY2025
Net income: ▼ −90%; vs $31.4M in Q2 FY2025

Plant Nutrients share of revenue vs 38.2% in Q2 FY2025

May 8, 2026 Agreed to assess an ammonia expansion for diesel exhaust fluid supply The company entered a process design and licensing agreement to assess expanding its ammonia platform; a final investment decision is targeted for the first half of 2027.
Apr 13, 2026 Appointed Patrick Day as chief financial officer Day succeeds interim CFO Christopher Gramm, effective April 27, 2026.

Shrinking. Revenue fell 10% in 4 years, from $1.7B in FY2021 to $1.5B in FY2025, about 3% a year.

Broader recycled nylon range The latest report describes commercialized nylon made from post-industrial and post-consumer recycled material; the older report described commercial orders for post-industrial recycled resin and films.

Revenue over time

Nylon Caprolactam Plant Nutrients Chemical Intermediates Ammonium Sulfate

$2B$1B$0

FY2021 FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with BASF, UBE, DOMO Chemicals, Envalior, Highsun Group Holdings, Sinopec, Pasadena Commodities International, Nutrien, INEOS Phenol, Altivia, and Eastman Chemical

Comments