Huntsman Corporation reported second quarter 2025 revenues of $1,458 million, a 7% decrease from $1,574 million in the prior-year period. The company posted a net loss attributable to Huntsman of $158 million, a significant decline from a net income of $22 million in Q2 2024.
Adjusted net loss for the quarter was $34 million, compared to an adjusted net income of $24 million in Q2 2024, and adjusted EBITDA decreased by 44% to $74 million from $131 million. Diluted loss per share was $0.92, compared to diluted income per share of $0.13 in the prior-year period.
The quarter included $124 million in restructuring, impairment, and plant closing charges, a substantial increase from $4 million in Q2 2024. Huntsman generated positive cash flow in Q2 2025 through aggressive inventory and working capital management, which incurred an approximate $25 million EBITDA cost. The company's restructuring efforts, initiated in late 2024, are expanding in 2025 and are expected to reduce the global workforce by nearly 10%.
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