The Chemours Company

chemours.com

What Do They Do?

Sells refrigerants, titanium dioxide pigment, and industrial fluoropolymer resins to industrial manufacturers in refrigeration, coatings and plastics, and transportation and electronics markets.

How Do They Make Money?

Chemours mainly sells products for a specified price; most sales are earned when goods ship, while consignment sales are earned when customers use the product. Invoices are typically due in less than 90 days.

revenue

Segment	Share	Revenue	How money arrives
Segment Total Sold outright	99% FY2022: 98%		Sold outright
Other Non-Reportable Segment Sold outright	0.9% FY2022: 1.7%		Sold outright

Who Are Their Customers?

Chemours serves industrial manufacturers in refrigeration and air conditioning, coatings and plastics, transportation, and electronics markets. Thermal & Specialized Solutions sells directly and through resellers.

Do Revenues Turn Into Profits?

Not on paper. It lost $386M in FY2025, but brought in more cash than it spent: $51M of free cash flow.

Operating income, FY2025

−1% of revenue

▼ Now a loss vs FY2024 ($319M, 6%)

Net income, FY2025

−7% of revenue

▼ Now a loss vs FY2024 ($69M, 1%)

Free cash flow, FY2025

1% of revenue

▲ Now profitable vs FY2024 (−$993M, −17%)

How Are They Changing?

Since the FY2025 annual report

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

Revenue: ▼ −1%; vs $1.6B in Q2 FY2025
Net income: ▼ −28% (Loss); vs −$380M in Q2 FY2025

Segment Total share of revenue vs 99.1% in Q2 FY2025

Shrinking. Revenue fell 8% in 4 years, from $6.3B in FY2021 to $5.8B in FY2025, about 2% a year.

Revenue over time

Segment Total Other Non-Reportable Segment

$10B$5B$0

FY2022 FY2023 FY2024 FY2025

Who Do They Compete With?

Competes with Solstice Advanced Materials, Arkema, Orbia, Daikin Industries, Tronox Holdings, LB Group, Venator Materials, Kronos Worldwide, and INEOS

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