Huntsman Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 11 - Revenue Recognition

Note 11 - Revenue Recognition

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Text Block]

11. REVENUE RECOGNITION

The following tables disaggregate our revenue by major source for the three months ended June 30, 2026 and 2025 (dollars in millions):

			*Performance*		*Advanced*		*Corporate and*
2026	*Polyurethanes*		*Products*		*Materials*		*eliminations*			*Total*
Primary geographic markets⁽¹⁾
U.S. and Canada	$	442	$	137	$	83	$	(4	)	$	658
Europe		267		56		123		(5	)		441
Asia Pacific		300		67		82		(1	)		448
Rest of world		70		23		25		(2	)		116
	$	1,079	$	283	$	313	$	(12	)	$	1,663

Major product groupings
Diversified	$	1,079	$	283						$	1,362
Specialty					$	300					300
Other						13					13
Eliminations							$	(12	)		(12	)
	$	1,079	$	283	$	313	$	(12	)	$	1,663

			*Performance*		*Advanced*		*Corporate and*
2025	*Polyurethanes*		*Products*		*Materials*		*eliminations*			*Total*
Primary geographic markets⁽¹⁾
U.S. and Canada	$	369	$	127	$	69	$	(3	)	$	562
Europe		242		47		102		(4	)		387
Asia Pacific		262		72		73		(1	)		406
Rest of world		59		24		20		—			103
	$	932	$	270	$	264	$	(8	)	$	1,458

Major product groupings
Diversified	$	932	$	270						$	1,202
Specialty					$	252					252
Other						12					12
Eliminations							$	(8	)		(8	)
	$	932	$	270	$	264	$	(8	)	$	1,458

(1)	Geographic information for revenues is based upon countries into which product is sold.

The following tables disaggregate our revenue by major source for the six months ended June 30, 2026 and 2025 (dollars in millions):

			*Performance*		*Advanced*		*Corporate and*
2026	*Polyurethanes*		*Products*		*Materials*		*eliminations*			*Total*
Primary geographic markets⁽¹⁾
U.S. and Canada	$	805	$	250	$	156	$	(12	)	$	1,199
Europe		497		101		236		(6	)		828
Asia Pacific		567		119		153		(2	)		837
Rest of world		133		41		47		(2	)		219
	$	2,002	$	511	$	592	$	(22	)	$	3,083

Major product groupings
Diversified	$	2,002	$	511							2,513
Specialty					$	565					565
Other						27					27
Eliminations							$	(22	)		(22	)
	$	2,002	$	511	$	592	$	(22	)	$	3,083

			*Performance*		*Advanced*		*Corporate and*
2025	*Polyurethanes*		*Products*		*Materials*		*eliminations*			*Total*
Primary geographic markets⁽¹⁾
U.S. and Canada	$	725	$	245	$	141	$	(6	)	$	1,105
Europe		457		95		194		(8	)		738
Asia Pacific		532		142		139		(2	)		811
Rest of world		130		45		39		—			214
	$	1,844	$	527	$	513	$	(16	)	$	2,868

Major product groupings
Diversified	$	1,844	$	527						$	2,371
Specialty					$	490					490
Other						23					23
Eliminations							$	(16	)		(16	)
	$	1,844	$	527	$	513	$	(16	)	$	2,868

(1)	Geographic information for revenues is based upon countries into which product is sold.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

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